LIC IPO GMP today: The bidding process for the initial public offer (IPO) of the Life Insurance Corporation of India (LIC) will end today. Yes, the last day to subscribe for LIC IPO is today- Monday, May 9, 2022. Investors and bidders who have not yet applied for the public offering can do it online via Paytm, Groww, Upstox, among others. According to the information provided by livemint.com, market observers have said that LIC IPO GMP today is Rs. 36, which is Rs. 24 lower from its yesterday's GMP of Rs. 60.
On Day 5: The shares of the ₹21,000-crore issue were subscribed 1.79 times on Sunday, 5th day of the bidding process. The portion reserved for Qualified Institutions (QIB) was subscribed 0.67 times, Non-institutional Buyers 1.24 times, Retail Investors 1.59 times, Employees 3.79 times, and Policyholders 5.04 times.
On Day 4: The issue was subscribed 1.66 times on the 4th day of the bidding process. The portion reserved for Qualified Institutions (QIB) was subscribed 0.67 times, Non-institutional Buyers 1.08 times, Retail Investors 1.46 times, Employees 3.54 times, and Policyholders 4.67 times.
On Day 3: On the third day of the bidding process, the public issue was subscribed 1.38 times. The portion reserved for Qualified Institutions (QIB) was subscribed 0.56 times, Non-institutional Buyers 0.76 times, and Retail Investors 1.23 times.
On Day 2: The issue was subscribed 1.03 times on day 2. The portion reserved for Qualified Institutions (QIB) was subscribed 0.40 times, Non-institutional Buyers 0.47 times, and Retail Investors 0.93 times.
On Day 1: The shares of the LIC IPO were subscribed 0.67 times on day 1. The portion reserved for Qualified Institutions (QIB) was subscribed 0.33 times, Non-institutional Buyers 0.27
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