LIC becomes 5th largest listed firm in m-cap; bigger than top 5 insurers
At the current share price, LIC's m-cap is higher than the industry giants like Hindustan Unilever (₹5.3 lakh crore) and ICICI Bank (₹4.9 lakh crore).
At the current share price, LIC's m-cap is higher than the industry giants like Hindustan Unilever (₹5.3 lakh crore) and ICICI Bank (₹4.9 lakh crore).
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.