LIC Said to Lead Bidding in NSE’s $2.4 Billion India IPO

LIC Said to Lead Bidding in NSE’s $2.4 Billion India IPO

Life Insurance Corp. of India Ltd. was the biggest bidder in National Stock Exchange of India Ltd.’s initial public offering, according to people familiar with the matter, highlighting strong demand from local long-term institutional investors even a...

Life Insurance Corp. of India Ltd. was the biggest bidder in National Stock Exchange of India Ltd.’s initial public offering, according to people familiar with the matter, highlighting strong demand from local long-term institutional investors even as retail participation remained subdued.
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Bloomberg — Markets (EN)




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