The Life Insurance Corporation of India, LIC raised ₹[.] crores from anchor buyers on May 02, Monday earlier than the IPO. The LIC IPO is to open on May 04, Wednesday. The firm allotted a complete of [.] fairness shares to [.] Anchor buyers at an higher value band of ₹[.]. The anchor buyers listing contains [.] Mutual Funds by means of a complete of [.] schemes. The firm goes to boost ₹21008 crores. Check out the ultimate listing of LIC Anchor Investors given beneath:
LIC Anchor Investors List:
The IPO Committee of the Company at their assembly held on May 02, 2022, in session with [.], has finalized the allocation of [.] fairness shares, to Anchor Investors on the Anchor Investor Allocation Price of ₹[.]/- per Equity Share (together with a share premium of ₹[.]/- per Equity Share). The particulars are given beneath:
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The LIC IPO is to open on May 04 and shut on May 09, 2022. The value band is fastened at ₹902 to ₹949. LIC IPO utility minimal bid is for 15 Shares (₹14,235) and the most bid is 210 shares (₹199,290). The Book Running Lead Managers of the IPO are Kotak Mahindra Capital Company Limited, Axis Capital Limited, BofA Securities India Limited, Citigroup Global Markets India Private Limited, Goldman Sachs (India) Securities Private Limited, ICICI Securities Limited, JM Financial Limited, J.P. Morgan India Private Limited, Nomura Financial Advisory and Securities (India) Private Limited, and SBI Capital Markets Limited.
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– Source : IPOWATCH