Key details of the LIC IPO

Posted By : Aditya on 2022-05-04   15:44:53    India
  LIC ipo stock market

Description

The largest financial institution in India, Life Insurance Corporation (LIC), currently managing more than Rs 38 lakh crore of public funds, is getting listed on the stock exchanges with an initial public offering (IPO) of Rs 21,000 crore early next month.

LIC priced its IPO, the largest in the Indian history of the market despite a reduction in size, at Rs 902-949 per share.

It has offered a discount of Rs 60 to policyholders and Rs 45 to retail investors and employees. An initial public offering is scheduled for May 4 and will close on May 9.

Read Full Blog Now: Key details of the LIC IPO




About Author

Aditya delhi India
I am Aditya Gupta, Iam stock market mentor in stockdaddy.

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