LIC IPO: Issue subscribed 2.95 times on final day

by ansu smriti patel

LIC is one of the Largest Life Insurance providers in India. It was regularly increasing its profit margin in the market.

LIC opened its subscription on 4th May 2022 and Today Is the Last Day of its subscription.

The maximum limit of the share is up to 2 lacs.

LIC's Solvency ratio is  increasing.

Policyholders has been subscribed 6.06 times on the last day.

Government raises 21,000 crores in LIC IPO.

The LIC IPO GMP is Rs 36 per equity share.

The LIC IPO allocation will be announced on May 12, 2022.

Those who applied for LIC IPO was really very curious to know about the allotment in IPO. Now Few Days to go For the result.