News > LIC policyholders may get its shares at a discount: Pandey

LIC policyholders may get its shares at a discount: Pandey

The Hindu | 07/02/2022 10:55 PM | Click to read full article

The forthcoming initial public offering (IPO) of state-run Life Insurance Corporation (LIC) may come with a discount for its millions of policyholders as the government is all set to file the draft red herring prospectus (DRHP) or offer document this week.

Some concession may also be expected for retail investors and employees.