News > LIC IPO To Open On March 11

LIC IPO To Open On March 11

Good Returns | 18/02/2022 03:44 PM | Click to read full article

A public offering of shares by India's state-run Life Insurance Corp (LIC), set to be the country's biggest ever at $8 billion, is expected to open for anchor investors on March 11, three sources with direct knowledge of the matter told Reuters.

The book will open for bidding by other investors a couple of days later, the Reuters report said quoting sources.