LIC Likely to Finalise IPO Share Allotment on May 12

The oldest and biggest insurance company in India, LIC, may finalise IPO Share Allotment Today, May 12.

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Bidders will be able to check LIC IPO allotment status online by logging in at the BSE website.

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After completing 6 days of bidding for the IPO of Life Insurance Corporation (LIC) of India, the allotment date is expected to be on May 12.

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The company will credit refunds in the bank accounts of unsuccessful investors by May 13.

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And Equity shares will be credited to the demat accounts of eligible investors by May 16.

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Finally, LIC will make its grand debut on the BSE and NSE on May 17.

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