Know Key details of the LIC IPO

The largest financial institution in India, Life Insurance Corporation (LIC), currently managing more than Rs 38 lakh crore of public funds, is getting listed on the stock exchanges with an initial public offering (IPO) of Rs 21,000 crore early next month.

LIC priced its IPO, the largest in the Indian history of the market despite a reduction in size, at Rs 902-949 per share.