LIC IPO | Issue subscribed 1.66 times on day four, attracts bids worth Rs 24,365 crore so far - Moneycontrol

5/7/2022 12:00:00 AM2 years 11 months ago
by Sunil Shankar Matkar
by Sunil Shankar Matkar
The participation by all kinds of investors remains strong so far, with policyholders being the big supportive segment putting in bids 4.67 times the allotted quota. They bid for 10.33 crore equity shares, valued at Rs 9,190 crore at a discounted price of Rs …
The public issue of Life Insurance Corporation of India (LIC) was subscribed 1.66 times by close on May 7, the fourth day of bidding, garnering bids for 26.83 crore equity shares, against the offer s… [+1911 chars]
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