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The Economic Times

Business / The Economic Times

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LIC said to lead bidding in NSEs Rs 22,800 crore India IPO

LIC emerged as the largest bidder in NSEs 22,800 crore IPO with 4,500 crore in bids, joined by ICICI Prudential and Quant Mutual Fund. Despite cautious retail participation (1.3x), strong institutional demand (12.7x) drove overall subscription to 5.7x ahead of its September 24 listing on BSE.

22 Sep 2026 3:37 pm