LIC IPO| Government Revises Price Band And More
LIC IPO ━ the wait is over as the highest Initial Public Offering is expected to open on May 2. The central government has set the price band for the initial offering of Life Corporation of India at Rs. 902-949 and may offer a discount of Rs 60 to policyholders. On the other hand, retail…
LIC: SEBI Gives Nod to Launch India’s Highest IPO Ever
The market regulator has approved the much-awaited IPO of 2022. According to the sources, SEBI has issued an observation letter. LIC had filed it’s Draft Red Herring Prospectus (DRHP) with SEBI in February. As per DRHP, the issue would be an offer to sell 31,62,49,885 (31.62 crores) equity shares by the government, which holds a…