LIC IPO subscribed 0.89 times

The initial public offering (IPO) of Life Insurance Corporation of India (LIC) was subscribed 0.89 times at 3pm, on May 5.

The employee reserved portion has been subscribed 1.87 times, while retail investors portion has been subscribed 0.82 times.

Non Institutional investors have subscribed 0.37 times, while qualified institutional buyers was subscribed 0.34 times.

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