Macro Finance
LIC Said to Lead Bidding in NSE’s $2.4 Billion India IPO
Bloomberg Markets·September 22, 2026·1 min read
Life Insurance Corp. of India Ltd. was the biggest bidder in National Stock Exchange of India Ltd.'s initial public offering, according to people familiar with the matter. The state-run insurer's large bid highlights strong demand from local long-term institutional investors, even as retail participation remained subdued in the $2.4 billion IPO.
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