LIC IPO: Here’s what latest GMP and subscription status suggests on day 4 of bidding
Zee News
LIC IPO will remain open on weekend. Investors can check the latest LIC IPO GMP and subscription status before placing their offers.
New Delhi: LIC IPO will remain open on weekend to allow investors to bid for the country's biggest-ever initial offer. The retail portion of the initial public offer (IPO) was fully subscribed on day three on Friday (May 7). Overall, the issue has been subscribed 1.38 times till Friday. The last date to participate in the offer is Monday, May 9, 2022. Investors planning to participate in the offer should check the latest LIC IPO GMP and subscribtption status before placing their bids.
LIC IPO Price Band
The insurance behemoth has fixed the price band at Rs 902-949 per share for its initial issue.
LIC IPO GMP
LIC IPO grey market premium (GMP) stood at Rs 42 on day four of the offer on Saturday, May 7, according to market observes. Previously, LIC IPO GMP stood at Rs 65.
