{"id":6804,"date":"2022-02-08T15:23:46","date_gmt":"2022-02-08T09:53:46","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=6804"},"modified":"2022-05-02T02:30:13","modified_gmt":"2022-05-01T21:00:13","slug":"5-discount-in-its-ipo-to-lic-policyholders","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/5-discount-in-its-ipo-to-lic-policyholders\/","title":{"rendered":"5% Discount in Its IPO to LIC Policyholders?"},"content":{"rendered":"\n<p>As the company prepares to publish its draft red herring prospectus (DRHP) this week, the much-anticipated <a href=\"https:\/\/www.tickertape.in\/blog\/ipo-allotment-status\/?utm_source=blog&amp;utm_medium=article\">initial public offering<\/a> (<a href=\"https:\/\/www.tickertape.in\/blog\/ipo-investment\/\">IPO<\/a>) of insurance giant Life Insurance Corporation of India (<a href=\"https:\/\/www.tickertape.in\/blog\/lic-ipo-date-price-review-news-application-and-details\/\">LIC<\/a>) might be launched with a 5% discount for policyholders.\u00a0<\/p>\n\n\n\n<p>To know more about the <a href=\"https:\/\/www.tickertape.in\/blog\/uncover-lics-ipo-with-harsh-vora\/\">LIC IPO<\/a>, follow our article here: <a href=\"https:\/\/www.tickertape.in\/blog\/lic-ipo-date-price-review-news-application-and-details\/\" target=\"_blank\" rel=\"noreferrer noopener\">LIC IPO: Date, Price, Review, News, Application and Details!<\/a><\/p>\n\n\n\n<p>Tuhin Kanta Pandey, secretary of the Department of Investment and Public Asset Management (DIPAM), mentioned last week that the state-run insurance company is expected to file its DRHP this week, on 10 February 2022, as per a source. Additionally, retail bidders and staff are expected to receive some price concessions on the pricing range.<\/p>\n\n\n\n<p>In a recent interview with Reuters, Mr Pandey said that the inherent value of <a href=\"https:\/\/www.tickertape.in\/blog\/lic-ipo-likely-valuation-and-prospectus\/?utm_source=blog&amp;utm_medium=article\">LIC<\/a> might be more than Rs. 5 lakh cr., with the enterprise value being multiples of that.<\/p>\n\n\n\n<p>The DRHP will expose the government&#8217;s interest in the LIC, which will be diluted through an <a href=\"https:\/\/www.tickertape.in\/blog\/ipo-process\/?utm_source=blog&amp;utm_medium=article\">IPO<\/a>. The government is expected to sell a 5-7% share in the IPO, according to the sources, in order to raise Rs. 65,000-75,000 cr.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The mega IPO of LIC is expected to be drafted this week. Read this to find out which parties get discounts.<\/p>\n","protected":false},"author":45,"featured_media":6644,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[10,1744],"tags":[1275,227,208,237,311],"acf":[],"modified_by":"Vyshakh","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2022\/01\/14-1.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6804"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/45"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=6804"}],"version-history":[{"count":4,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6804\/revisions"}],"predecessor-version":[{"id":8245,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6804\/revisions\/8245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/6644"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=6804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=6804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=6804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}