1 min read.Updated: 04 May 2022, 05:58 AM ISTLivemint
LIC IPO's anchor book has been oversubscribed and has raising around ₹5,620 crore from anchor investors
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The anchor investor portion of Life Insurance Corporation of India's (LIC) initial public offering (IPO) was oversubscribed on Monday, raising around ₹5,620 crore from anchor investors. The IPO of the state-owned insurer, that opened for anchor investors on Monday, will run for the public from May 4 to May 9.