2022
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How much discount will LIC policyholders get in LIC IPO?
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Rs 80
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Rs 40
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Rs 50
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Rs 60
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Explanation:
Detailed explanation-1: -During the IPO, a discount of ₹45 per share discount to eligible employees of LIC and retail investors.
Detailed explanation-2: -On the National Stock Exchange, it got listed at a discount of 8.11%.
Detailed explanation-3: -Special policyholder quota: In the past, IPOs have had special reservations for employees and shareholders of parent companies. LIC’s IPO will be the first to have a separate 10 per cent quota for policyholders.
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