LIC GMP turns negative, shares may list at a discount
LIC IPO GMP today is minus ₹26, which is ₹18 lower from its yesterday's grey market premium of minus ₹8, say experts
LIC IPO: Announcement of Life Insurance Corporation (LIC) share allocation may happen soon as tentative LIC IPO allotment date is 12th May 2022. However, ahead of LIC IPO allotment, grey market sentiment in regard to the Initial Public Offering (IPO) of the insurance behemoth has further gone southward. After nosediving in negative zone on Wednesday, LIC IPO GMP (grey market premium) has further gone down today. According to market observers, LIC shares are available at a discounted price of ₹26 in grey market today.
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