LIC IPO to open for public from 4th to 9th of May

Life Insurance Corporation of India (LIC's Initial Public Offering will open on 4th of next month for public subscription and close on 9th of May. LIC IPO will list on the share markets on 17th May. LIC, the country's largest life insurer, has fixed the price band of 902 to 949 rupees per Equity Share for its maiden public offer. Investors can bid for a minimum of 15 Equity Shares and in multiples of 15 Equity Shares thereafter. The LIC has offered a discount of 45 per rupees E...