LIC IPO subscribed 1.2 times on Day 3; booking open on Sat, Sun
RBI has requested all bank branches designated to process ASBA applications be kept open to the public to facilitate bidding for LIC IPO.
lic ipo price band
May 2022
April 2022
LIC IPO: Policyholders get ₹60 discount; all you need to know
For policyholders to bid for the LIC IPO, they must have a demat account, which has been linked to their permanent account number (PAN) present in LIC records.
LIC IPO size cut by one-third, valuation by half
The reduced valuation of the IPO along with the current despondency of the market raise questions over the prudence and the necessity of launching an IPO of a crown jewel like LIC.
LIC IPO set for a May launch? What we know so far
Even with a reduced issue size, LIC will be the largest IPO in the country, outdoing Coal India’s ₹15,500 crore IPO in 2010 and Reliance Power’s ₹11,700 crore IPO in 2008.
