# LIC Shares Decline After Government OFS Sees Weak Retail Demand

2026-08-06T06:14:51+00:00 | India | Indian Opinion Desk

The government completed an offer for sale of Life Insurance Corporation of India shares, selling 82.22 crore equity shares. This represented a 6.5% stake in LIC. The offer had a floor price of Rs 382 per share. The Retail category remained undersubscribed, with reports describing participation as weaker than expected. LIC’s share price declined after the sale. Available details do not provide the reasons for weak retail demand, institutional bidding levels or the longer-term market impact.

## Coverage

- www.ndtvprofit.com <https://www.ndtvprofit.com/markets/lic-share-price-falls-after-ofs-ends-with-muted-retail-demand-11872762>

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