LIC Press Conference Today On Mega IPO: What To Expect

The long-awaited IPO of the 66-year old insurance behemoth would open on May 2 for anchor investors and from May 4 to May 9 for the general public, government sources said on Tuesday. India's most significant public issue will be in the price band of ₹ 902-949, with a Rs 60 discount to policyholders and a Rs 45 discount for retail investors and employees, the sources had added. The employee reservation portion was not expected to...