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Description: Dipam secy: FII response not to the extent given the market condition. Dipam secy: FIIs chose not to come into LIC IPO in large numbers. Dipam secy: Green shoe option not practical since it will require special arrangements post listing. Dfs secy: Despite FIIs exiting from India, they have invested in LIC IPO is a thumbs up LIC IPO closed for subscription on May 9 getting oversubscribed 2.95 times. The major response was from policyholders for which it was oversubscribed 6.12 times. FIIs response was muted towards the LIC IPO as a spillover effect of the geopolitical hostilities. Employees quota was oversubscribed 4.40 times. Retail investors quota was oversubscribed 1.99 times. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : goo.gl/U9ibPb The NewsHour Debate : goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : goo.gl/zJhWjC Apple App Store : goo.gl/d7QBQZ Social Media Links :- Twitter - goo.gl/hA0vDt Facebook - goo.gl/5Lr4mC G+ - goo.gl/hYxrmj Website - etnownews.com