India's largest IPO of LIC to open on may 4, price band to ₹902-₹949 per share.

 India's largest IPO of LIC to open on may 4, price band to ₹902-₹949 per share Click here

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Life Insurance Corporation's (LIC) IPO will open on may 4 and will close on may 9 the company confirmed on wednesday. The price band will be ₹902-₹949, with a ₹60 discount on policyholders and ₹45 discount on retail investers and employees. The IPO, through which the government is selling it's 3.5% LIC states to raise ₹20,557 crore, it will be India's largest