LIC GMP turns negative, shares may list at a discount
Thu, May 12, 2022 10:23 AM

LIC GMP turns negative, shares may list at a discount

A Flip by Shubhra
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Though Life Insurance Corp's share allocation is scheduled to take place today (12th May 2022), the grey market sentiment concerning the insurance behemoth's IPO has further gone southward. After nosediving in the negative zone on Wednesday, LIC IPO GMP further declined today. Market observers quoted that LIC shares are available at a discounted price of ₹26 today.

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