New Delhi: Life Insurance Corporation of India made a tepid stock market listing on Monday. The scrip of the insurance behemoth debuted at around 9 per cent discount at Rs 867.20 apiece at the BSE on Tuesday against its issue price of Rs 949. On one hand while the miserable opening wiped out Rs 42500 cr from investor wealth, it did open a barrage of memes on Twitter.
Several Twitter users took to the microblogging site, sharing memes on LIC’s poor stock market debut. While some made sarcastic remarks on the poor opening of LIC shares, others shared posts that were outright funny.
A twitter user wrote, “LIC is that topper in school who fails miserably in CA finals.”
LIC is that topper in school who fails miserably in CA finals.
LIC debuted at around 9 percent discount at Rs 867.20 apiece at the BSE on Tuesday against its issue price of Rs 949. At the NSE trading in LIC shares started at Rs 872.
At the issue price of Rs 949, the market capitalization of Life Insurance Corporation (LIC) of India stood at Rs 6,00,242 crore. At the listing price, the market capitalization of LIC dipped to Rs 5,57,675 crore, resulting in a loss of around Rs 42,500 crore in the company`s market capitalisation.
Me who didn’t apply for Lic IPo waiting for the correct price after disaster listing at Rs 872 per share over issue price of Rs 949 : pic.twitter.com/maF8iBu0VY
— Ctrl C + Ctrl Memes 45 (@Ctrlmemes_) May 17, 2022
The country`s largest insurer LIC had set its price band for the Initial Public Offer (IPO) at Rs 902 to Rs 949 per equity share. As the IPO is fully subscribed the issue price stood at Rs 949 per share. Policyholders have received a discount of Rs 60 per equity share, while retail investors and employees have been offered a discount of Rs 45 on each share.
With ANI Inputs
Read Full Article
';
$('div.listing').append(string);
}
});
},
error:function(xhr){
//console.log("Error");
//console.log("An error occured: " + xhr.status + " " + xhr.statusText);
nextload=false;
},
complete: function(){
$('div.listing').find(".loading-block").remove();;
pg +=1;
//console.log("mod" + ice%2);
nextpath="&page=" + pg;
//console.log("request complete" + nextpath);
cat = "?cat=657582";
//console.log(nextpath);
nextload=(ice%2==0)?true:false;
}
});
}
//lastoff = last.offset();
//console.log("**" + lastoff + "**");
});*/
var maindiv = false;
var dis = 0;
var fbcontainer="";
var fbid = '';
var fb_script=document.createElement('script');
fb_script.text= "(function(d, s, id) {var js, fjs = d.getElementsByTagName(s)[0];if (d.getElementById(id)) return;js = d.createElement(s); js.id = id;js.src="https://connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.9";fjs.parentNode.insertBefore(js, fjs);}(document, 'script', 'facebook-jssdk'));";
var fmain = $(".sr2464476");
//alert(x+ "-" + url);
var fdiv = '
';
//console.log(fdiv);
//$(fb_script).appendTo(fmain);
$(fdiv).appendTo(fmain);
function fillElementWithAd($el, slotCode, size, targeting){
if (typeof targeting === 'undefined') {
targeting = {};
} else if ( Object.prototype.toString.call( targeting ) !== '[object Object]' ) {
targeting = {};
}
var elId = $el.attr('id');
//console.log("elId:" + elId);
googletag.cmd.push(function(){
var slot = googletag.defineSlot(slotCode, size, elId);
for (var t in targeting){
slot.setTargeting(t, targeting
}
slot.addService(googletag.pubads());
googletag.display(elId);
//googletag.pubads().refresh([slot]);
});
}
$(document).delegate("button[id^='mf']", "click", function(){
fbcontainer="";
fbid = '#' + $(this).attr('id');
var sr = fbid.replace("#mf", ".sr");
$(fbid).parent().children(sr).toggle();
fbcontainer = $(fbid).parent().children(sr).children(".fb-comments").attr("id");
});
function onPlayerStateChange(event){
var ing, fid;
//console.log(event + "---player");
$('iframe[id*="video-"]').each(function(){
_v = $(this).attr('id');
//console.log("_v: " + _v);
if(_v != event){
//console.log("condition match");
ing = new YT.get(_v);
if(ing.getPlayerState()=='1'){
ing.pauseVideo();
}
}
});
$('div[id*="video-"]').each(function(){
_v = $(this).attr('id');
//console.log("_v: " + _v + " event: " + event);
if(_v != event){
//jwplayer(_v).play(false);
}
});
}
function onYouTubePlay(vid, code, playDiv,vx, pvid){
if (typeof(YT) == 'undefined' || typeof(YT.Player) == 'undefined') {
var tag = document.createElement('script');
tag.src = "https://www.youtube.com/iframe_api";
var firstScriptTag = document.getElementsByTagName('script')[0];
firstScriptTag.parentNode.insertBefore(tag, firstScriptTag);
window.onYouTubePlayerAPIReady = function() {
onYouTubePlayer(vid, code, playDiv,vx, pvid);
};
}else{onYouTubePlayer(vid, code, playDiv,vx, pvid);}
}
function onYouTubePlayer(vid, code, playDiv,vx, pvid){
//console.log(playDiv + "Get Youtue " + vid);
//$("#"+vid).find(".playvideo-"+ vx).hide();
var player = new YT.Player(playDiv , {
height: '450',
width: '100%',
videoId:code,
playerVars: {
'autoplay': 1,
'showinfo': 1,
'controls': 1
},
events: {
'onStateChange': function(event){
onPlayerStateChange(event.target.a.id);
}
}
});
$("#video-"+vid).show();
}
function kalturaPlayerAPIReady(code, playDiv,pvid){
var dt=new Date;
var nt=dt.getTime();
var vtitle = "";
var video_id_arr = code.split("https://zeenews.india.com/");
var youbora_video_id = video_id_arr[5].split(".");
var youbora_video_id = '"' + youbora_video_id[0] + '"';
pre_roll = "https://pubads.g.doubleclick.net/gampad/ads?sz=640x480&iu=/11440465/Zeenews_English_Video/Zeenews_English_Preroll&tfcd=0&npa=0&sz=640x480&gdfp_req=1&output=vast&unviewed_position_start=1&env=vp&impl=s&description_url="+vtitle+"&correlator="+nt;
var sources ={};
var config = {
targetId: playDiv,
provider: {
partnerId: 2504201
},
playback: {
pictureInPicture : true,
autoplay: true
},
advertising: {
adBreaks: [{
position: 0,
ads: [{
url: [pre_roll]
}]
}]
},
plugins: {
youbora: {
options: {
"content.title": "LIC listing wipes out Rs 42500 cr from investor wealth, Twitterati having a 'hearty laugh'",
"content.customDimension.1":"Zee News",
"content.customDimension.2":"https://zeenews.india.com/",
"content.customDimension.3":"2022-May-17 15:45:37",
"content.customDimension.4":"Reema Sharma",
"content.customDimension.5":"2464476",
"content.customDimension.6":"Markets,LIC IPO,LIC Listing,Life Insurance Corporation Of India",
"content.id":youbora_video_id,
"content.language":"English"
}
},
ima: {
adsResponse: ""
}
}
}
var kalturaPlayer = KalturaPlayer.setup(config);
if(kalturaPlayer){
kalturaPlayer.reset();
}
var videoUrl = code;
var mediaid = '"zn' + pvid + '"';
sources = {
hls: [{
id: mediaid,
url: videoUrl,
mimetype: "application/x-mpegURL"
}]
}
kalturaplayerSetup(kalturaPlayer, sources);
if (typeof kalturaPlayer !== 'undefined') {
doRegisterEvents(kalturaPlayer);
}
}
function kalturaplayerSetup(kalturaPlayer, playbackType){
kalturaPlayer.setMedia({
plugins: {},
sources: playbackType
});
}
function doRegisterEvents(kalturaPlayer) {
/* player event*/
kalturaPlayer.addEventListener(kalturaPlayer.Event.Core.PLAY, playEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.Core.PAUSE, pauseEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.Core.PLAYBACK_ENDED, playbackEndedEvent);
/* ad event */
kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_STARTED, adStartedEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_COMPLETED, adCompletedEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_SKIPPED, adSkippedEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_CLICKED,adClicked);
}
var vlabel = "https://zeenews.india.com"+$(this).attr("video-path");
var isVideoPlayed = false;
var isAdSkippedCompleted = false;
function adStartedEvent(event) {
var videotype = "zee english video";
gtag('event', 'Adstarted', { 'event_category': videotype, 'event_label': vlabel});
gtag('event', 'Play', { 'event_category': videotype, 'event_label': vlabel});
isVideoPlayed = true;
isAdSkippedCompleted = true;
}
function adCompletedEvent(event) {
var videotype = "zee english video";
gtag('event', 'Adcompleted', { 'event_category': videotype, 'event_label': vlabel});
isAdSkippedCompleted = true;
}
function adSkippedEvent(event) {
var videotype = "zee english video";
gtag('event', 'Adskipped', { 'event_category': videotype, 'event_label': vlabel});
isAdSkippedCompleted = true;
}
function adClicked(event) {
var videotype = "zee english video";
gtag('event', 'Adclicked', { 'event_category': videotype, 'event_label': vlabel});
}
function playbackEndedEvent(event){
var videotype = "zee english video";
gtag('event', 'Complete', { 'event_category': videotype, 'event_label': vlabel});
}
function playEvent(event) {
var videotype = "zee english video";
if((isVideoPlayed) && (isAdSkippedCompleted)){
isAdSkippedCompleted = false;
}else if((isVideoPlayed)){
gtag('event', 'resume', { 'event_category': videotype, 'event_label': vlabel});
}else{
gtag('event', 'Play', { 'event_category': videotype, 'event_label': vlabel});
isVideoPlayed = true;
}
}
function pauseEvent(event) {
var videotype = "zee english video";
gtag('event', 'Pause', { 'event_category': videotype, 'event_label': vlabel});
}
function AdloadEvent(event) {
var videotype = "zee english video";
gtag("event", "kaltura_adloaded", { "event_category": videotype, "event_label": vlabel});
}
function AdProgressEvent(event) {
var videotype = "zee english video";
gtag("event", "kaltura_adprogress", { "event_category": videotype, "event_label": vlabel});
}
function adPausedEvent(event) {
var videotype = "zee english video";
gtag("event", "kaltura_adpaused", { "event_category": videotype, "event_label": vlabel});
}
/* End of Kaltura player function code */
$(document).delegate("div[id^='play']", "click", function(){
//console.log($(this).attr("id"));
//console.log($(this).attr("video-source"));
//console.log($(this).attr("video-code"));
var isyoutube = $(this).attr("video-source");
var vurl = $(this).attr("video-path");
var vid = $(this).attr("id");
$(this).hide();
var pvid = $(this).attr("newsid");
var vx = $(this).attr("id").replace('play-','');
var vC = $(this).attr("video-code");
var playDiv = "video-" + vid + "-" + pvid;
if(isyoutube =='No'){
kalturaPlayerAPIReady(vC, playDiv,pvid);
}else{
onYouTubePlay(vid, vC, playDiv,vx, pvid);
}
});
$(document).delegate("div[id^='ptop']", "click", function(){
var vid = $(this).attr("id").replace('ptop','');
$(this).hide();
var pvid = $(this).attr("newsid");
var vurl = $(this).attr("video-path");
//console.log($(this).attr("id") + "--" + vid);
//console.log($(this).parent().children().find('#play-'+vid).attr("video-source"));
//console.log($(this).parent().children().find('#play-'+vid).attr("video-code"));
var isyoutube = $(this).parent().children().find('#play-'+vid).attr("video-source");
var vC = $(this).parent().children().find('#play-'+vid).attr("video-code");
var playDiv = "mvideo-play-" + vid + "-" + pvid;
if(isyoutube =='No'){
//console.log(jwplayer($(this).attr("id")).getState());
kalturaPlayerAPIReady(vC, playDiv,pvid);
}else{
onYouTubePlay($(this).attr("id"), vC, playDiv, vid, pvid);
}
});
var nxti = 3;
var ci = 1;
var nxti_1 = 6;
var nxti_2 = 9;
var nxti_3 = 12;
if($.autopager==false){
var use_ajax = false;
/*var disqus_shortname="zeehindi";
var disqus_identifier; //made of post id and guid
var disqus_url; //post permalink
function loadDisqus(source, identifier, url, nid) {
if (window.DISQUS) {
//alert("if");
jQuery('
').insertAfter(source);
jQuery('#disqus_thread').insertAfter(source); //append the HTML after the link
//if Disqus exists, call it's reset method with new parameters
DISQUS.reset({
reload: true,
config: function () {
this.page.identifier = identifier;
this.page.url = url;
}
});
}else{
jQuery('
').insertAfter(source);
disqus_identifier = identifier; //set the identifier argument
disqus_url = url; //set the permalink argument
//append the Disqus embed script to HTML
var dsq = document.createElement('script'); dsq.type="text/javascript"; dsq.async = true;
dsq.src="http://" + disqus_shortname + '.disqus.com/embed.js';
jQuery('head').append(dsq);
}
};*/
/*$('.disqusOn').live( "click", notify );
function notify() {
identifier = $(this).attr('id');
dUrl = $(this).attr('disqus-url');
source = $(this).parent();
loadDisqus(jQuery(this), identifier, dUrl);
}*/
function loadshare(curl){
history.replaceState('' ,'', curl);
if(window.OBR){
window.OBR.extern.researchWidget();
}
//console.log("loadshare Call->" + curl);
//$('html head').find('title').text("main" + nxtTitle);
if(_up == false){
var cu_url = curl;
gtag('config', 'UA-2069755-1', {'page_path': cu_url });
if(window.COMSCORE){
window.COMSCORE.beacon({c1: "2", c2: "9254297"});
var e = Date.now();
$.ajax({
url: "/marathi/news/zscorecard.json?" + e,
success: function(e) {}
})
}
//console.log('ga:'+r);
/*(function () {
var ga = document.createElement('script'); ga.type="text/javascript"; ga.async = true;
ga.src = ('https:' == document.location.protocol ? 'https://' : 'http://') + 'stats.g.doubleclick.net/dc.js';
var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s);
})();*/
//console.log("loadshare Call");
}
}
if(use_ajax==false) {
//console.log('getting');
var view_selector="div.center-section"; // + settings.view_name; + '.view-display-id-' + settings.display;
var content_selector = view_selector; // + settings.content_selector;
var items_selector = content_selector + ' > div.rep-block'; // + settings.items_selector;
var pager_selector="div.next-story-block > div.view-zn-article-mc-all-2017 > div.view-content > div.clearfix"; // + settings.pager_selector;
var next_selector="div.next-story-block > div.view-zn-article-mc-all-2017 > div.view-content > div.clearfix > a:last"; // + settings.next_selector;
var auto_selector="div.tag-block";
var img_location = view_selector + ' > div.rep-block:last';
var img_path="
Loading
"; //settings.img_path;
//var img = '
' + img_path + '
';
var img = img_path;
//$(pager_selector).hide();
//alert($(next_selector).attr('href'));
var x = 0;
var url="";
var prevLoc = window.location.pathname;
var circle = "";
var myTimer = "";
var interval = 30;
var angle = 0;
var Inverval = "";
var angle_increment = 6;
var handle = $.autopager({
appendTo: content_selector,
content: items_selector,
runscroll: maindiv,
link: next_selector,
autoLoad: false,
page: 0,
start: function(){
$(img_location).after(img);
circle = $('.center-section').find('#green-halo');
myTimer = $('.center-section').find('#myTimer');
angle = 0;
Inverval = setInterval(function (){
$(circle).attr("stroke-dasharray", angle + ", 20000");
//myTimer.innerHTML = parseInt(angle/360*100) + '%';
if (angle >= 360) {
angle = 1;
}
angle += angle_increment;
}.bind(this),interval);
},
load: function(){
$('div.loading-block').remove();
clearInterval(Inverval);
//$('.repeat-block > .row > div.main-rhs2464476').find('div.rhs2464476:first').clone().appendTo('.repeat-block >.row > div.main-rhs' + x);
$('div.rep-block > div.main-rhs2464476 > div:first').clone().appendTo('div.rep-block > div.main-rhs' + x);
$('.center-section >.row:last').before('