Since the day of listing, LIC shares have remained below the issue price and had touched a low of Rs 708.70 and a high of Rs 920
Investors would also keep a tab on the movement of foreign institutional investors who are on a selling spree in the domestic equity market for the past many...
LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders.
The Initial Public Offering (IPO) of LIC opens for retail and institutional investors on Wednesday and will close on May 9
Considering a single share costs Rs 949, you would require Rs 14,235 for a single lot of LIC IPO while the maximum you can invest is Rs 1,99,290
The issue opened for anchor investor subscription on Monday and saw 'excellent' response, the official said, adding that the list will be uploaded to exchanges...
The government is discussing selling as much as a 7% stake in LIC through the listing