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The IPO will close on May 9. The government aims to generate about ₹21,000 crore by diluting its 3.5 per cent stake in the insurance behemoth.
Updated on May 05, 2022 08:12 PM IST
The LIC has fixed the price band at ₹902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders.
Updated on May 04, 2022 09:00 PM IST
The LIC would offer a ₹60 discount for policyholders and ₹40 for retail investors and employees. The issue is expected to open for subscription on May 4 and is expected to close on May 9, PTI reported.
Updated on Apr 26, 2022 08:29 PM IST