Lic Ipo Dates News Today

The initial public offer (IPO) of Life Insurance Corporation (LIC) was subscribed 1.79 times on the fifth day of subscription on Sunday, May 8, 2022. Government plans to raise Rs 21,000 crore through the public issue and the insurance behemoth has unleashed a major awareness blitzkrieg, exhorting policy holders, employees as well as the general public to subscribe it wholeheartedly.

The initial public offer (IPO) of Life Insurance Corporation (LIC) was subscribed 1.79 times on the fifth day of subscription on Sunday, May 8, 2022. Government plans to raise Rs 21,000 crore through the public issue and the insurance behemoth has unleashed a major awareness blitzkrieg, exhorting policy holders, employees as well as the general public to subscribe it wholeheartedly.

The initial public offer of Life Insurance Corporation was subscribed 1.65 times on fourth day of subscription on Saturday, May 7, 2022

All India Bank Officers' Confederation has objected to RBI's decision to open ASBA-designated branches on Sunday to allow subscription of LIC's IPO

The issue comprises an offer for sale up to ₹20,557 crore where the government will offload a 3.5% stake. Also, LIC offers ₹60 per equity share discount to LIC policyholders, and ₹45 per equity share discount offered to retail investors.

LIC IPO: The initial public offering (IPO) of Life Insurance Corporation of India opened for subscription on Wednesday.

When a company issues shares for public purchase, they can either be oversubscribed or undersubscribed

The Life Insurance Corporation's (LIC) mega public issue opened today to an overwhelming response, with over 60 per cent bids, led by policyholders and employees.

The LIC IPO fever is gripping the country. There are many investors who want to participate. But will LIC create long term wealth for its shareholders?

The insurance behemoth's shares are available at a premium of Rs 75 in the grey market today (May 2)