Monthly Bulletin – May 2022
LIC will launch the biggest initial public offer (IPO) in the history of Indian stock markets on may 4 2022.Through this IPO, the central government will be liquidating its 3.5% stake in the LIC, and aims to mop up about Rs.21,000 crore at the upper end of the price band on Rs.902 – 949 per share. This will result in market capitalization of Rs.6 lakh crore of the company.
Thanking you for the opportunity given to serve you,
For Link-K Insurance Broker Co. (Pvt.) Ltd
Principal Officer and Managing Director