LIC IPO Live Updates: Total subscription at 2x on final day; policyholder portion booked 5.37 times,... - Moneycontrol

The government will be selling a 3.5 percent stake entirely through an offer for sale (OFS). Of which 10 percent of the shares are reserved for LIC policyholders and 0.7 percent for LIC employees. Also, 31.25 percent is reserved for household (retail) investo…

May 09, 2022 / 11:01 AM IST LIC IPO receives record applications from retail investor The initial public offering (IPO) of Life Insurance Corporation (LIC) continued to receive strong interest from… [+705 chars]

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