Will LIC shares get fast entry in Sensex, Nifty, other indices after listing?1 min read 16 Feb 2022, 03:23 PM IST
Despite being a lower float name, there is a medium to high probability of LIC stock getting fast entry in the MSCI Index, as per Edelweiss
Life Insurance Corporation of India (LIC) has filed a draft red herring prospectus (DRHP) and has commenced formal roadshows in the country’s largest public issue to date. The issue is expected to commence in mid-March and LIC shares may get listed in the same month. As per the offer document, government will sell 5% in the public issue and around 316 million shares are to be sold in total.
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