India's P. M. Narendra Modi decided for listing the IPO of LIC in May 2022
IPO of LIC Facts
It will be India's biggest and World's 4th largest IPO listing this year.
Why IPO of LIC matters?
It'll be a big test of Modi's plan to make the Indian economy more efficient
Why Modi Ji listed IPO of LIC for investors?
May 4 is the date to get orders from retail investors and shares are due to start trading on May 17, 2022
When IPO of LIC will open for investors?
The Indian Government listed 3.5% of LIC stock to sell of which 35% is reserved for retail investors with a discount of Rs45/share.
What will be the structure and benefits of LIC IPO?
Another 10% is reserved for LIC Policyholders with big discounts.
- It include market risk so be careful.