LIC m-cap drops over ₹87,500 cr against IPO issue price. Have shares become cheaper3 min read . Updated: 01 Jun 2022, 09:40 PM IST
- When LIC was listed on May 17, it held the fifth rank in terms of market capitalisation and since then has lost its spot to Hindustan Unilever and ICICI Bank.
- At the IPO's upper price band of ₹949 apiece, LIC's market cap stood at ₹6,00,242 crore.