LIC IPO: Anchor investor portion oversubscribed
According to sources, on the first day itself, the bids from the anchor investors or large investors are twice the size of the anchor book.
According to sources, on the first day itself, the bids from the anchor investors or large investors are twice the size of the anchor book.
Half of the issue has been reserved for qualified institutional buyers, 35 per cent for retail investors and 15 per cent for non-institutional bidders.