LIC IPO Subscription Status
Know the response of LIC policyholders, retail investors and LIC IPO Share Price.
Public sector Life Insurance Corporation of India IPO got 100% subscription on the second day of bidding on Thursday.
LIC is fully subscribed on the second day of its IPO opening. LIC IPO is subscribed 1.03 times on the second day of bidding.
LIC IPO has received bids for 16.68 crore equity shares against the offer size of 16.2 crore equity shares.
Despite being India's biggest IPO, this mega IPO of LIC is considered very successful by the market experts.
It got full on the second day itself due to bumper response from investors. This IPO can be subscribed till May 9.
Investors willing to invest in LIC IPO can subscribe to this IPO on Saturday and Sunday also under special facility.
LIC IPO was subscribed a total of 0.67 times on the first day. This IPO has been subscribed 1.03 times on the second day.
The reserve portion of Mega LIC IPO for LIC insured has been subscribed 3.11 times till the second day.
The reserve portion of LIC IPO for LIC employees has been subscribed 2.21 times till the second day.
93 percent of retail investors / general investors of LIC IPO have been subscribed till the second day.
The reserve portion of LIC IPO for Qualified Institutional Buyers (QIBs) is 40 per cent subscribed on the second day.
The non-institutional investors (NII) share of LIC IPO has got 47 percent subscribed on the second day.
Should ordinary investors invest in LIC IPO or not? Know what the experts say? Read full details!
Experts Opinion on LIC IPO