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LIC IPO Live Updates: Action resumes on Day 3; complete subject subscribed 1.06 instances

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The LIC subject was subscribed 1.06 instances, NSE information at 10:15 am confirmed. The policyholders section was subscribed 3.21 instances whereas the staff portion was subscribed 2.29 instances, the info confirmed. Apart from these, the certified institutional consumers (QIBs) was subscribed 0.40 instances, the non institutional traders was subscribed 0.48 instances and the retail section was subscribed 0.97 instances, the info confirmed.

The LIC IPO might be accessible for public subscription until Monday, May 9, 2022. The value band of LIC IPO is mounted at Rs 902-949 per share and the corporate is providing a reduction of Rs 60 per share for its policyholders and Rs 45 apiece for retail traders and LIC staff.