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LIC IPO Sees Strong Participation From Anchor Investors; Key Things To Know

May 3, 2022 11:52

The anchor investor portion of Life Insurance Corporation of India’s (LIC) initial public offering (IPO) was fully subscribed on May 2, according to a stock exchange disclosure from the company. According to the filing, domestic mutual funds (MFs) accounted for more than 71% of the anchor book portion. In total, the state-owned insurance company issued […]

All You Need To Know About LIC IPO

February 15, 2022 20:18

Life Insurance Corporation(LIC) of India, on February 13, filed its IPO draft prospectus with SEBI. The Government is planning to launch LIC IPO next month as a part of its mega disinvestment plan. This will be India’s largest-ever public listing.  As per the market sources with the value of Rs 12.6 billion- Rs 15 billion, […]