LIC’s IPO will open on May 4, will close on May 9. business – Times of India Videos

April 25, 2022, 10:34 PM ISTSource: mirror now

The much-awaited Initial Public Offering of Life Insurance Corporation of India is likely to open on May 4. The issue is expected to close on May 9. The Securities and Exchange Board of India has given its approval to the updated draft red herring prospectus. , which lists a 3.5 percent stake sale instead of 5 percent.