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LIC IPO subscribed 85% on Day 2; policyholders 2 58 times, retail 0 78 times

LIC s Mega IPO To Remain Open For Subscription On Weekend

LIC public offer will remain open for subscription even on weekend to enable people to participate in the mega IPO of the state-owned insurer.

Lic Public Offer To Remain Open For Subscription On Saturday And Sunday

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.

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