By monika singh | 03 May, 2022
LIC IPO sees ‘excellent’ response from anchor investors
LIC’s initial public offering on Monday saw ‘excellent’ response from anchor investors, an official said.The government is selling 22,13,74,920 shares in Life Insurance Corporation (LIC) at a price band of Rs 902-949 a share, targeting to raise about Rs 21,000 crore. The issue would be open for subscription for institutional and retail buyers from May 4-9.The issue opened for anchor investor...