Mitul Shah & Associates

LIC Housing Finance accepts bids for 3-year bonds, bankers say

LIC Housing Finance accepted bids for its 7.77% 2028 bond reissue. The company successfully raised 11 billion rupees, equivalent to $123.95 million. This bond will offer investors a yield of 6.90%. Bids were accepted on Monday. This financial move reflects ongoing market activity. The company did not comment on the development.

IPO boom defies market slump, mobilises nearly Rs 1.7 lakh crore in a year

India’s IPO market witnessed a vibrant boom from October 2024 to September 2025, defying secondary market uncertainty by raising nearly double the funds compared to the previous year. Driven by robust domestic liquidity and a diverse mix of issues, 86 IPOs mobilised ₹1,70,897 crore. Experts anticipate this frenzy to continue as money shifts from secondary […]