LIC prices IPO at top end of indicated range

13/05/2022 10:12:28 AM | Source: Reuters

LIC prices IPO at top end of indicated range - ET Now, citing agencies

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BENGALURU - India's Life Insurance Corp (LIC) has priced its initial public offering at the top end of the indicated range, at 949 rupees ($12.28), ET Now said on Friday, citing agencies.

The country's largest-ever IPO was oversubscribed 2.95 times as six days of bidding came to an end on May 9.

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LIC prices IPO at top end of indicated range - ET Now, citing agencies

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