LIC IPO Grey Market Premium

The LIC IPO Grey Market Premium aka GMP details is something investors are eagerly waiting for. The much-awaited LIC IPO, the biggest IPO of the season is ready to hit the markets early next year.

LIC IPO Grey Market Premium

Life Insurance Corporation, LIC might file DRHP next month and will hit the market during the January-March quarter. Established in the year 1956, LIC is the only Government-owned insurance firm in India.

The LIC IPO Grey Market Premium will start once the IPO and its Price band are announced. The grey market deals are done by trusted investors and brokers. The GMP depends on the market conditions, demand, and the number of times the upcoming IPO is subscribed.

The LIC IPO Grey Market Premium, GMP has started trading in the grey market and is currently trading at Rs.85.

Stay tuned for more details.

 

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