LIC is likely to open its IPO for subscription from 4 May.

The wait is finally getting over for the investors to invest in the mammoth insurer of the country. The initial public offering of the Life insurance corporation of India is likely to open for subscription from 4 May. This will be the first-ever IPO that will remain open for Subscription for 4 days, a day extra than the usual 3 days of the window for a subscription. The IPO is to open for anchor investors from 2 May.

However, there have been certain changes that have come up in the LIC IPO, the first and foremost being the issue size and thus the valuation of the Insurer.

Key Changes in the Maiden Public Offering of LIC

More details are expected to be clear by the 27th of April. Stay tuned to Invest19.con to know about the updates on the LIC IPO.

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