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HomeBreaking NewsLIC IPO opens Wednesday: Here’s everything you need to know

LIC IPO opens Wednesday: Here’s everything you need to know

A man walks past a hoarding of Life Insurance Corporation of India (LIC) after the press conference of the LIC initial public offering (IPO) launch in Mumbai, India, April 27, 2022. (REUTERS) The over Rs 21,000 crore LIC IPO will be available for subscription till Monday, May 9, 2022, and the price band of the company has been fixed at Rs 902-949 per share . LIC is the country’s oldest and largest life insurance firm. It was formed by merging and nationalising 245 private life insurance companies on September 1, 1956, with an initial capital of Rs 5 crore. […]

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