LIC IPO: As grey market premium tumbles, what should investors do?
While grey market premium is not definitive indicators of how a share will perform on the listing day, the LIC stock might list on par or even at a discount.
lic ipo gmp
May 2022
April 2022
LIC IPO issue price set at ₹949 per share
The LIC IPO raked in ₹20,557.23 crore, the prospectus filed with SEBI shows, cementing the issue as the largest ever in the country.
LIC IPO: Grey market premium indicates listing gains for investors
The insurance major saw its grey market premium (GMP) rise 80% on April 28, a day after the IPO was announced.
