NSEOffer for sale3d ago · 3 Aug 2026, 09:04 pm
Offer for sale
Life Insurance Corporation Of India · LICI
✦ AI SummaryFundraise
The Government of India has announced an offer for sale of up to 31.62 crore equity shares of Life Insurance Corporation of India through the stock exchange mechanism, with a floor price of INR 382 per share.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
The President of India, acting through Department of Financial Services, Ministry of Finance, Government of India has informed the Exchange about an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 31,62,49,885 Equity shares of face value of INR 10/- each of Life Insurance Corporation of India. Date and time of the opening of the offer for Non-Retail Investors: August 04, 2026 at 9:15 a.m.; Date and time of the closing of the offer for Non-Retail Investors: August 04, 2026 at 3:30 p.m.; Date and time of the opening of the offer for Retail Investors: August 05, 2026 at 9:15 a.m.; Date and time of the closing of the offer for Retail Investors: August 05, 2026 at 3:30 p.m. The Sale shall continue to take place on a separate window of the Stock Exchanges commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date. The Floor Price for the Offer shall be INR 382/- (Rupees Three Hundred and Eighty Two only).