Govt To Sell Up To 6.5% Stake In LIC Via OFS At ₹382 Floor Price
4 sources·Updated August 4, 2026
LIC stake sale
Covered by 4 sources
- Economic Times·2d agoInstitutional investors over-subscribe LIC OFS, govt opts for green-shoe option
The government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amounting to an impressive Rs 36,400 crore received on Tuesday. The government is offloading a 6.5 percent stake in the leading insurer to fulfill…
Read at Economic Times → - Business Today IN·3d agoLIC OFS today: Floor price at 10% discount; govt to sell up to 6.5% stake
LIC OFS today: LIC said a discount of Rs 10 per share will be offered to retail investors and company employees on cut-off price on T Day i.e. August 4, 2026.
Read at Business Today IN → - The Hindu National·3d agoGovt to sell up to 6.5% in LIC at ₹382/share; to add ₹31k crore to disinvestment kitty
If fully subscribed, the sale of over 82.22 crore shares or a 6.5% stake at the given floor price will fetch about ₹31,000 crore to the disinvestment kitty
Read at The Hindu National → - Deccan Chronicle Ent·3d agoGovt To Sell Up To 6.5% Stake In LIC Via OFS At ₹382 Floor Price
The government currently remains the majority shareholder in LIC and has been gradually reducing its stake since the insurer's market debut.
Read at Deccan Chronicle Ent →
