 "LIC, Life Insurance Corporation")
Life Insurance Corporation’s (LIC’s) initial public offering (IPO) was subscribed 1.38 times on Friday.
The policyholder quota was subscribed 4 times, employee portion 3.1 times and retail individual investor quota 1.23 times. The institutional investor and wealthy investor portions are still not fully covered with subscriptions of 56 per cent and 76 per cent, respectively.
Overseas investors have placed bids of just Rs 80 crore in the IPO. Experts most bids in these two categories will come on the final day.
The IPO closes on Monday. Retail investors can also place their bids on weekends. So far
The policyholder quota was subscribed 4 times, employee portion 3.1 times and retail individual investor quota 1.23 times. The institutional investor and wealthy investor portions are still not fully covered with subscriptions of 56 per cent and 76 per cent, respectively.
Overseas investors have placed bids of just Rs 80 crore in the IPO. Experts most bids in these two categories will come on the final day.
The IPO closes on Monday. Retail investors can also place their bids on weekends. So far
