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Tag: Lic Ipo Share Price

LIC Listing
LIC disappoints, lists at a discount of 8 per cent at Rs 908

The initial public offering of LIC had, however, received robust response from investors as the insurance major's offer has been subscribed 2.89 times.

LIC IPO fully subscribed on day 2; offer closes on May 9
LIC IPO fully subscribed on day 2; offer closes on May 9

LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders. The retail investors and eligible employees will get a discount of Rs 45 per equity share, while policyholders will get a discount of Rs 60 per share.

LIC fixes price band at Rs 902-949 a share for Rs 21,000 cr IPO
LIC fixes price band at Rs 902-949 a share for Rs 21,000 cr IPO

LIC's embedded value, which is a measure of the consolidated shareholders value in an insurance company, was pegged at about Rs 5.4 lakh crore as of September 30, 2021, by international actuarial firm Milliman Advisors.

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