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The government will be selling the stake entirely through an offer for sale (OFS), under which 10 percent of the shares are reserved for LIC policyholders and 0.7 percent for LIC employees. Also, 31.25 percent is reserved for household (retail) investors.


LIC IPO Live Updates: 12% issue booked on launch;  staff 27%, policyholders 24%;  retail investors 18%




Yam Price Change % Chg
ntpc 159.60 2.10 1.33
sbi 490.35 -0.65 -0.13
Indiabulls Hsg 155.00 3.70 2.45
nhpc 33.15 -0.30 -0.9

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