LIC OFS: Non-retail bidding opens tomorrow at ₹382/share, retail bidding opens on Aug 5
2 sources·Updated August 3, 2026
Covered by 2 sources
- Business Today IN·10h agoLIC OFS: Non-retail bidding opens tomorrow at ₹382/share, retail bidding opens on Aug 5
The government currently holds a 96.5% majority stake in the insurance behemoth after selling a 3.5% stake during its May 2022 market debut. SEBI has mandated LIC to raise its public shareholding to at least 10% by May 2027.
Read at Business Today IN → - Economic Times·11h agoLIC OFS opens tomorrow as govt looks to sell up to 6.5% stake. Check details
The government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest up to 6.5% through a base 2.5% offer and green shoe option, advancing minimum public shareholding compliance.
Read at Economic Times →
