Mumbai (Maharashtra) [India], May 17 (ANI): The much-awaited stock market listing of Life Insurance Corporation of India has failed to cheer investors as the scrip debuted at around 9 per cent discount at Rs 867.20 apiece at the BSE on Tuesday against its issue price of Rs 949.
Mumbai (Maharashtra) [India], May 16 (ANI): Life Insurance Corporation of India will make its stock market debut on Tuesday. Shares are likely to get listed below their issue prices, grey market data indicates.
New Delhi [India], May 9 (ANI): The share allotment of Life Insurance Corporation of India (LIC) will be done on May 12 and the country's largest insurer will be listed on the stock exchanges on May 17, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey