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Coupon Rate Up to 9.80% p.a., Effective Yield Up to 9.80% p.m. Public issue of secured redeemable non-convertible debentures (“NCDs”) of face value and issue price of Rs. 1,000 each The Tranche IV Issue includes a base issue size of Rs. 100 crores with an option to retain oversubscription up to Rs. 900 crores aggregating […]

The much awaited initial public offering (IPO) of LIC is opening for policyholders and investors on Wednesday. Policyholders and employees of the state insurer can take part in the subscription process along with normal investors. The LIC IPO opens for institutional and retail buyers, policyholders, and employees on May 4. The subscription process will close […]


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