Its IPO is an offer for sale only and aimed at offering liquidity for the promoter shareholders.
The issue comprises a fresh issue of equity shares worth up to INR 500 crore together with an offer for sale of up to INR 877.50 crore.
LIC showed growth of 12.7% in new business premium for September 2025 on yoy basis
The market breadth was neutral with an Advance-Decline Ratio of 49-51.
The government shutdown may have added a new dimension to the Fed policy stance
Nifty 50 ended September 2025 on a flat note
The FPI selling in September 2025 remained heavy; healthcare, IT, and FMCG accounting for bulk of FPI selling
The issue comprises an offer for sale of up to 101,815,859 equity shares.
The total offer size for the IPO is upto INR 2,517.75 crore. The entire issue is an offer for sale of up to 237,500,000 equity shares.
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