VERIFIEDET Markets·22 Sept 2026positive

LIC said to lead bidding in NSE’s Rs 22,800 crore India IPO

AI Summary

·LIC led bids for NSE's Rs 22,800 crore IPO with Rs 4,500 crore.
·Institutional demand for the IPO was 12.7x, while retail participation was 1.3x.
·The overall subscription for the IPO reached 5.7x before its September 24 listing on BSE.