IPOs - Angel One

The long-awaited IPO of Life Insurance Corporation of India, which was originally scheduled to launch in the financial year 2021-22 is likely to be postponed to FY 2022-23. The reason the government is planning to delay the launch is uncertain times prevailing due to the geopolitical tensions between Russia and Ukraine. The financial markets around …

Life Insurance Corporation of India said on 3rd March that it has chosen insurance veteran Sunil Agrawal as its new chief financial officer ahead of its big IPO debut, according to sources. Starting in March 2022, he has been appointed on a contract basis. In September 2021, LIC advertised for the recruitment of a CFO …

The government may postpone Life Insurance Corporation‘s massive initial public offering (IPO) until the next fiscal year, as the administration is expected to convene a meeting to reconsider the scheduling of the IPO in light of the intensifying Russia-Ukraine conflict. According to sources, the government is continuing its roadshows for the public offering. LIC’s initial …

In 2021, it was not only stocks that generated whopping returns for their shareholders. Some IPOs (Initial Public Offerings) too delivered stellar returns for their investors. The IPO of EKI Energy Services is one such phenomenal issue that got listed in April 2021 on BSE SME Exchange. Keep reading to know more! Get an Insight …

The government is expected to conduct a meeting to evaluate the IPO timeline in light of the intensifying Russia-Ukraine crisis. The much-anticipated initial public offering of state-run insurance behemoth Life Insurance Corporation of India (LIC) might be moved until the following financial year. According to insiders, a meeting for a possible LIC evaluation would be …

JK Files & Engineering Ltd and Elin Electronics Ltd, both situated in Delhi, have received clearance from the Securities Exchange Board of India (SEBI) to undertake initial public offerings (IPOs). JK Files & Engineering, which is backed by Raymond, submitted draft papers in December to seek Rs 800 crore via an initial public offering (IPO) …

According to the official website of the Securities and Exchange Board of India (SEBI), the market regulator has issued observation letters to three companies on 16 February 2022 and 17 February 2022. Read along to know about those companies and their public offerings! A Closer Look into the Filing and Approval Process Market regulator SEBI …

Swiggy, India’s leading food delivery company, has been eyeing to raise a minimum of $800 million from an IPO next year. Through Swiggy IPO, the company aims to expand its market share with such funds amidst neck-to-neck competition from Zomato in the food business. Keep scrolling to know more! What Is Swiggy’s Valuation? Since 2014, …

On Saturday, 26 February 2022, the UNION Cabinet passed an amendment to the Foreign Direct Investment (FDI) policy to clear up to 20% FDI in the Life Insurance Corporation(LIC) under automatic route. This came before its much-awaited IPO (initial public offering), which is expected to be the greatest in the nation’s market so far. Keep …

Amidst the Ukraine-Russia conflict, the Brent crude oil’s price has reached $100 per barrel. On 1 February 2011, crude oil prices stood at $100 for the last time, following a 10-15% jump in diesel and petrol prices over a few months. However, this year, the benchmark price of Brent crude oil has already risen 20%, …