LIC IPO: PMJJBY policyholders are eligible for discounted IPO shares, says Chairman MR Kumar

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are entitled to a discount in LIC's initial public offering (IPO) through the Policyholder Reservation Portion. The total number of reservations for eligible policyholders shall not exceed 10% of the total offer size.

from Personal Finance News-Wealth-Economic Times https://ift.tt/9XlmrqK