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LIC IPO: Anchor Investors

Published on May 03, 2022
Current Context: LIC went for an IPO, where Anchor Investors made a substantial investigation today.
LIC IPO: Anchor Investors
  • Anchor Investors, who are considered to generate confidence among the retail investors, have invested 5,600 crore rupees since the IPO was first opened for them.
  • The Securities market regulator SEBI had easies the norms for conducting the IPO of LIC by allowing below threshold liquidation of company shares (i.e 3.5%, instead of 5%).
  • Major foreign investors who contributed under the Anchor Investors category are - CPPIB, CDPQ, Brookfield, KIA, NORGES, etc, in addition to the domestic investors. The share price has been kept at 949 rupees per issue.


Q.1 How much has LIC been able to raise through Anchor Investors?
a. 5,000 crore INR
b. 5,600 crore INR
c. 3,400 crore INR
d. 2,800 crore INR

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