LIC IPO GMP Update: What Investors Should Expect from LIC IPO Listing Tomorrow
2 years, 7 months ago

LIC IPO GMP Update: What Investors Should Expect from LIC IPO Listing Tomorrow

News 18  

LIC IPO: The shares of insurance major LIC will make their market debut Tuesday, May 17. The price band for the LIC IPO was fixed at Rs 902-Rs 949 per equity share. GPM is a premium amount at which grey market IPO shares are traded and it reflects how the IPO is likely to react on its listing day. The LIC IPO’s price band was fixed at Rs 902-949 per share and the company offered a discount of Rs 60 per share for its policyholders and Rs 45 apiece for retail investors and LIC employees.

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