How much discount will LIC policyholders get in LIC IPO?

• A. Rs 80
• B. Rs 50
• C. Rs 40
• D. Rs 60

Answer: (D)

The mega LIC IPO Price Band has been fixed at Rs 902-949 per share with Rs 60 discount per share for policyholders and a Rs 40 discount per share for retail investors and employees.