LIC IPO gets fully subscribed by anchor investors

By Gulveen Aulakh

  • 03 May 2022
Premium
Credit: Reuters

Life Insurance Corporation of India’s initial public offering (IPO) was fully subscribed by anchor investors including Norwegian wealth fund Norges Bank Investment Management and Singapore sovereign wealth fund GIC, officials aware of the development said.  “The anchor book is to be allocated up to maximum allowable of up to about Rs ......

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