#CapitalMarkets

LIC OFS Success: Government Raises ₹31,552 Crore in Historic Stake Sale

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LIC

The Government of India has successfully raised ₹31,552 crore through the Offer for Sale (OFS) of Life Insurance Corporation of India (LIC) shares, marking one of the biggest disinvestment transactions in the Indian stock market. The stake sale received strong participation from investors, with the government fully exercising the green shoe option and increasing public … Read more

SBI Funds Management Shares Fall Below IPO Price, Investors Lose Listing Gains Within Days

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SBI

Shares of SBI Funds Management, India’s largest asset management company by quarterly average assets under management (QAAUM), extended their post-listing decline on Thursday, falling below their initial public offering (IPO) price and erasing the gains made during their market debut earlier this month. The weakness in the stock has raised concerns among investors, particularly those … Read more