LIC OFS Explained: Floor Price Rs 382, Cut-Off vs Own Bid | Upstox
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LIC OFS Explained: Floor Price Rs 382, Cut-Off vs Own Bid | Upstox
📌 LIC's Offer for Sale opens on August 5. The government is selling a 6.5% stake worth about ₹31,000 crore, with a floor price of ₹382. Investors can bid at the cut-off price or place a bid at ₹382 or higher. Don't invest just for the discount—consider LIC's valuation and Q1 results due on August 6. The stock is under pressure as the ...
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