LIC IPO Premium Big Fall

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The last date to invest in LIC IPO has ended on May 9, now investors are waiting for the share allotment.

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Whenever an IPO comes in the market in our country, its business starts in the gray market from the very first day.

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The day LIC IPO was open for investment, LIC IPO business was running at a premium in the gray market.

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LIC's IPO opened for retail investors on 4th May 2022 and since then its premium has been going down continuously.

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At present, the latest premium of LIC IPO in the gray market has come down to Rs 10 at the time of writing this post.

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On May 9, the last date to invest in LIC IPO, the premium for gray market LIC IPO had come down to Rs 40.

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When it opened for retail investors on 4th May 2022, the premium of LIC IPO was at the highest levels in the market at Rs 105.

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If experts are to be believed, LIC's IPO may have a flat listing or may also be listed with a slight decline.

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According to the data, about 40 lakh new demat accounts have been opened in the country for LIC IPO alone.

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