Finally, the hustle for the biggest ever IPO to hit the Indian market is over. The subscription window for the sale of 16.2 crores shares is now closed and all investors are eagerly waiting to get the allotment. Investors are excited to have some early listing gains as the Grey market premium is indicating Rs40 above Rs949, the higher side of the price band.
Life insurance corporation of India has received 2.95 times applications for subscription of its shares for sale.
Details of Subscription under various categories of investors are as follows: –
LIC IPO ALLOTMENT STATUS
Allotment of the Life insurance of India will be done on 12th May 2022. Details of Checking The allotment are given below: