5 August 2026 at 11:49 am
Summary
The government has increased the size of LIC's offering by an additional four percent, making it India's largest OFS, following strong institutional interest and a 3.3 times subscription on the first day, aiming to raise approximately Rs 31,400 crore.
LIC Shares Fall After India's Largest OFS Closes With Oversubscription
6 Aug 2026, 6:01 pm · Stock Market
LIC Offer For Sale: Govt's Surprise Timing Helps Raise $3.3 Billion
6 Aug 2026, 3:56 pm · Government
Milky Mist IPO price band set at Rs 133-140; Rs 1,553-crore issue opens August 11
6 Aug 2026, 11:10 am · Finance
Government Mobilizes ₹31,552 Crore Through LIC Offer for Sale
6 Aug 2026, 11:10 am · Government
Milky Mist IPO Price Band Fixed at ₹133-140 Per Share; Subscriptions Open August 11
6 Aug 2026, 8:14 am · Finance
Government Mops Up ₹31,552 Crore from LIC Share Sale
6 Aug 2026, 3:59 pm · finance
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