LIC mega IPO to hit the market in March, draft prospectus next week

The government is likely to file draft papers for the mega initial public offering of LIC with market regulator Sebi by next week, while a portion of the issue would be reserved for anchor......

Investment bankers laugh all the way to the bank with Rs 1000 cr earnings in 2021

Since the beginning of 2020, i-bankers have collected nearly Rs 1,800 crore by way of IPO fees. Interestingly, the India fees this year form just 1 per cent of the global fee pool of $13.7 billion......

Public sector IPOs to warm up to anchor investors

Through anchor allotment, a firm can demonstrate the demand for shares by getting marquee investors on board. Samie Modak reports. Illustration: Dominic Xavier/Rediff.com More than a decade after......