LIC IPO worth Rs 21,000 crore opens for public subscription today

The Initial Public Offering, IPO of Life Insurance Corporation of India (LIC) has opened for public subscription from today. It will remain open for subscription till 9th of May. LIC IPO is the biggest public offering in the country. AIR correspondent reports that the allotment of shares to the Demat account of bidders will take place by 16th May and the IPO will list for trading on 17th May. The country's largest life insurer, LIC opens its IPO today. An initial public offering, IPO re...