In a 1st, LIC looks to split mega IPO into 2 offerings

The initial public offering (IPO) for life insurance behemoth LIC, through which the government is planning to mobilise about Rs 1 lakh crore, could be split into two consecutive offerings with a gap of a few months since it’s believed that the market may not have the capacity to absorb the entire issue of such mammoth size in one go.

from Economy-News-Economic Times https://ift.tt/3xIEpQH
via