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The Times of India

Business

TIMESOFINDIA.COM

LIC IPO fully subscribed on day 2 of bidding

LIC IPO Insurance Life Insurance Corporation India New Delhi

NEW DELHI: India's biggest initial public offer (IPO) by insurance behemoth Life Insurance Corporation (LIC) was fully subscribed on day 2 bidding, data from exchanges showed.

Bids were received for 16.25 crore shares as against 16.20 shares being offered for sale by LIC.

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