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  • LIC OFS off to a strong start as institutional investors subscribe 66% by noon

    LIC OFS off to a strong start as institutional investors subscribe 66% by noon

    Government’s stake sale in Life Insurance Corporation (LIC) saw strong participation from institutional investors in the first leg of the Offer-for-Sale (OFS), with nearly two-thirds of the shares reserved for them subscribed by noon on Tuesday.Data available till midday showed institutional investors had bid for more than 18.81 crore shares, amounting to 66.10% of the…

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