In today’s briefing:
- Life Insurance Corp of India IPO: Key Takeaways from the RHP
Life Insurance Corp of India IPO: Key Takeaways from the RHP
- Life Insurance Corp of India (LIC) (1248Z IN) is set to launch its IPO with the anchor investor offer period starting 2 May. The offer period closes on 9 May.
- At the IPO price range of Rs902-949, the Indian government aims to raise $2.6-2.7 billion, which is materially lower than the initial target of $8.7 billion.
- Following up on Life Insurance Corp of India IPO: Premium Market, in this note, we look at the latest developments from the Red Herring Prospectus.
Before it’s here, it’s on Smartkarma
