As many as 1120 crore bids were received for the 395 crore shares earmarked for the segment. Life Insurance Corporation LIC of India is expected to finalise the Initial Public Offering IPO share allotment today 12 May.
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. Investors can check the allotment status on BSE website or KFin Technologies Private Limited website. LICs Rs 20557 crore IPO was sold in the range of Rs 902-949 per equity share. Mail KFintech at licipo. LIC IPO Subscription Status The LIC IPO got a 67 per cent subscription on day 1 of the opening of the offer with strong demand coming from the policyholders employees and retail investors.
LIC policyholders led the bout as they lapped up. The subscription period for LIC IPO countrys biggest-ever public issue opened on May 4 and closed on May 9. Retail investors can. Life Insurance Corporation of India LIC is likely to finalise the share allotment of its mega initial public offering IPO by Thursday.
The largest ever IPO in the Indian primary market is open for subscription till Monday. Some other methods to check the LIC IPO allotment status via KFintech includes. The Qualified Institutional Buyers QIBs category was subscribed 283 times. Bidders in LIC IPO will be allocated shares on May 12 and the insurance behemoth will be listed on stock exchanges on May 17 said DIPAM Secretary Tuhin Kanta Pandey.
The Rs 20557 crore initial public offering IPO of Life Insurance Corporation of India LIC saw a decent response from investors during the first hour of bidding process today.
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