IPO

LIC IPO's Rs.5,630-Cr anchor book oversubscribed

MoneyControl  

The anchor investor portion of Life Insurance Corporation of India's (LIC) initial public offering (IPO) has been oversubscribed. LIC, on course for its INR 21,000 crore IPO, aimed to raise INR 5,630 crore at the upper end of the price band from anchors.

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