LIC OFS oversubscribed by institutional investors with ₹36,400 crore bids
· thehindubusinessline.com
LIC's 6.5% OFS attracted ₹36,400 crore in institutional bids on Day 1, paving the way for a ₹31,000 crore government stake sale.
N Institutional investors on Tuesday over-subscribed the government’s 6.5 per cent share sale offer in Life Insurance Corporation (LIC) by putting in bids wor...