LIC OFS gets strong response from retail investors, subscribed 1.82 times the base size
- Posted on August 5, 2026
- By Business News Today
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- 1 min read
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LIC OFS gets strong response from retail investors, subscribed 1.82 times the base size
LICs retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.82 times. The governments 6.5% stake sale follows robust institutional demand and will help the insurer move closer to Sebis minimum public shareholding requirement.