LIC completes one year in the listed space: Here's a recap of the PSU insurance giant's mega IPO
LIC shares were listed on stock exchanges NSE and BSE on May 17, 2022. The stock, following a mega IPO of the state-run life insurance giant, debuted on the bourses at a discount of eight per cent to the issue price. Here's a quick recap.
LIC shares have tumbled more than 40 per cent from its IPO price and down by 35 per cent since listing - Image Source: Reuters