LIC IPO: From demat account opening to subscription, guide for first time investors
If you are planning to be part of the process of subscription to the LIC IPO and want to participate, you should sign up for an account with a demat. Additionally it is also necessary to know how to subscribe for an IPO. The Life Insurance Corporation of India's (LIC) first public offer (IPO) is scheduled to open for registration in May 4. The government hopes to raise approximately 21,000 crores which would make it the country's largest initial public offering. The government wants to sell its 3.5 percent stake in the insurance company by offering 22.13 crore shares via…