The Key Pointers As The LIC IPO Anchor Book Get Opened On May 2

The Key Pointers As The LIC IPO Anchor Book Get Opened On May 2

The first sale of stock (IPO) of the Life Insurance Corporation (LIC) will open for financial backers on May 4 and will stay open to membership till May 9. The anchor book will be opened on Monday (May 2). The public authority is selling 22,13,74,920 offers in Life Insurance Corporation (LIC), intending to raise around Rs 21,000 crore. Up to 15,81,249 offers and 2,21,37,492 offers are held for workers and policyholders.

Here are key 10 focuses you need to know in regards to the Upcoming LIC IPO

• The proposed LIC lady public proposition has gotten interested from in excess of 25 anchor financial backers both unfamiliar and homegrown. PTI citing the authority of one of the lead chiefs expressed half of the deal is held for QIPs, including anchor financial backers.

• About 35% is being saved for retail financial backers, 15% for high net worth people, and 10% for policyholders.

• LIC IPO will be a milestone public issue throughout the entire existence of the Indian capital market and is ready to be India's greatest IPO to date.

• The first sale of stock (IPO) of the Life Insurance Corporation (LIC) will open for financial backers on May 4 and will stay open to membership till May 9. The anchor book will be opened on Monday (May 2).

• The public authority is selling 22,13,74,920 offers in Life Insurance Corporation (LIC), meaning to raise around Rs 21,000 crore. Up to 15,81,249 offers and 2,21,37,492 offers are saved for workers and policyholders.

• The proposed LIC lady public deal has gotten interested from in excess of 25 anchor financial backers both unfamiliar and homegrown. PTI citing the authority of one of the lead supervisors expressed half of the deal is held for QIPs, including anchor financial backers.

• About a third of the part saved for QIPs is held for anchor financial backers, the news organization said.

• 35% is being saved for retail financial backers, 15% for high net worth people, and 10% for policyholders.

• LIC IPO will be a milestone public issue throughout the entire existence of the Indian capital market and is ready to be India's greatest IPO to date.

Image Credit: Business Today

 

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