The country’s largest institutional investor and the largest insurer, LIC, is the market leader in the life insurance industry both by premium collected, as well as the number of policies sold. ... The government now proposes to sell a part of its holding in LIC by way of Initial Public Offer. It is the only insurer offering sovereign guarantee meaning that the policyholders funds are completely secure. This is the reason that LIC policy premiums are higher than private sector counterparts. read more
Issue Open Date | - |
Issue Close Date | - |
Issue Size (Rs cr) | - Eq Shares of Rs.- (aggregating up to Rs.- Cr) |
Issue Price | Rs.- to Rs.- Per Equity Share |
Listing on | BSE, NSE |
Issue Type | Book Built Issue IPO |
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Employee Discount | - |
QIB | upto - Equity Share |
NII | atleast - Equity Share |
EMP | upto - Equity Share |
RII | atleast - Equity Share |
Book Value | - |
Face Value | Rs. - Per Equity Share |
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