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Once listed, LIC is likely to become one of the biggest domestic companies with an estimated valuation of Rs 8-10 lakh crore

Once listed, LIC is likely to become one of the biggest domestic companies with an estimated valuation of Rs 8-10 lakh crore

The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and preparatory work is still far from complete. There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official of

LIC IPO unlikely to take place this fiscal due to delay in valuation

Foreign participation could be allowed as per the listing norms of the Securities and Exchange Board of India (SEBI) and the extant sectoral FDI guidelines.

Once the draft red herring prospectus (DRHP) is filed, merchant bankers will hold global and domestic road shows for investors by January

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Once the draft red herring prospectus is filed, merchant bankers will hold global and domestic road shows for investors by January

NEW DELHI, Oct 3: Country's largest insurer LIC is likely to file draft papers with Sebi by November for the largest IPO in country's history, a finance

Life Insurance Corporation is likely to file draft papers with Securities and Exchange Board of India (SEBI) by November