(IPO) of Life Insurance Corporation (LIC) has been cleared declared and an official announcement Open In May

LIC IPO

LIC IPO

LIC - IPO issue size for the company whose embedded approx. value the measure of the consolidated shareholders

LIC- shareholders’ value in an insurance company is approx. Rs 5.4-lakh crore will be Rs 21,000 crore.

The Indian government aims to offload a trimmed-down quantum of approx. 3.5 % of its holding in the insurance giant.

Life Insurance Corporation- IPO size is reduced by 1.5 percent or approximately 9.4 crore shares in market

The Life Insurance Corporation is a household name in India. So much so that long insurance meant LIC