Govt exercises oversubscription option in LIC OFS, total 6.50% stake sale

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LICI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹391.30

prior close

₹386.00

announcement price

After-mkt

timing

Nifty Midcap 150market+0.2%+0.2% vs market

Life Insurance peers, median of 5sector+0.2%+0.2% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Midcap 150 and 0.2 pts more than its Life Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.6

10m

+1.6

15m

+1.7

30m

+2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+0.2+0.2+0.2+0.2

Next day

-1.0-0.2-0.8-0.0-0.9

+0.3+0.1+0.3-0.6+1.0

+0.4+0.5-0.1-0.3+0.8

+3.5+0.5+3.0-1.6+5.1

+6.3+0.7+5.6-0.9+7.2

+5.7+0.3+5.4+0.1+5.5

15d

+6.3+0.8+5.5+2.8+3.5

+5.2-1.2+6.4-0.3+5.5

-0.7-6.8+6.2-10.0+9.3

+4.2pendingpending-15.4+19.7

UpDownMarket · Nifty Midcap 150Sector · Life Insurance peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Government of India, promoter of LIC, is exercising the oversubscription option in its ongoing Offer for Sale. Base offer of 3.16 crore shares (2.50%) plus oversubscription of 5.06 crore shares (4%) totals 8.22 crore shares or 6.50% of LIC paid-up capital. Retail investors get 10% quota on August 5, 2026, with Rs. 10 discount per share for those bidding at cut-off price. Up to 50 lakh shares are reserved for LIC employees as well.

Likely market impact

Higher government supply via OFS may pressure LIC share price short term. Retail bidders at cut-off get Rs. 10 per share discount.