LIC IPO Dalal Street debut on May 17, all you need to know

India's insurance behemoth, the Life Insurance Corporation of India (LIC) finalised its IPO share allotment on May 12 while its stock will make its BSE and NSE debut on 17 May.

LIC IPO Dalal Street debut on May 17, all you need to know

India's insurance behemoth, the Life Insurance Corporation of India (LIC) finalised its IPO share allotment on May 12 while its stock will make its BSE and NSE debut on 17 May.

With its Rs 21,000-cr public offer, LIC has received 2.95 times subscriptions during the 6-day bidding process to overtake Paytm’s public issue in 2021 and become the largest ever on Dalal Street.