LIC IPO Opening Day Bidding

LIC IPO Opening Day Bidding

LIC IPO Opening Day Bidding

Lic ipo created a history in the Indian market today as opening day bidding  67% issue already subscribed  as you aware that the government will be selling a 3.5% stake entirely through an offer for sale  of which 10% of the shares are reserved for LIC policyholders and 0.7 percent for LIC employees which is fully subscribed on opening  day itself and 31.25 % is reserved for retail investors.

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