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LIC IPO Opens For Subscription, Booked 28% In Two Hours

LIC IPO Price: LIC IPO, with a price band of Rs 902-949 a share, will conclude on May 9.
LIC IPO Price: LIC IPO, with a price band of Rs 902-949 a share, will conclude on May 9.
The initial public offering (IPO) of Life Insurance Corporation of India opened for subscription on Wednesday. As of 12:03 pm, the initial share sale attracted bids for 4.43 crore equity shares against the IPO size of 16.20 crore shares -- subscribed 28 per cent within two hours on the first day of bidding.
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