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IPO: Policyholder new sub-category

Mumbai: For the forthcoming mega IPO of LIC, inventory exchanges will introduce a brand new sub-category “policyholder” for bidding for reservation on its ebook constructing platform.

“BSE has introduced a new Sub-category- “POL” (Policyholder) for bidding for reservation under Policy Holder category on its book building platform –IBBS,” the inventory trade mentioned in a discover issued to its buying and selling members and different market intermediaries on November 19.

 

The BSE has additionally organised a mock public challenge from November 22 until December 24 to make the web based mostly ebook constructing environment friendly in mild of introduction of this new sub-category and sought suggestions from intermediaries.

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