The world's most valuable life insurer could soon be Indian
State-owned Life Insurance Corporation of India might seem stodgy, but it benefits from a dominant market position and looks cheap compared with peers
Source: livemint.com
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LIC IPO: State-run insurer seeks ₹65,400 cr from listing as roadshows start
LIC shares could be priced between ₹2,000 to ₹2,100 each, with discounts to some retail investors. The issue is slated to run March 10-14 if regulatory approvals are obtained in time
Source: livemint.com
LIP IPO: Govt seeks regulatory fast track as it gears for India's largest listing
The draft prospectus is likely to be submitted to SEBI in the next few days, according to a report citing sources.
Source: businesstoday.in
India Expects To Open LIC IPO Issue By Mid-March: Report
LIC, country's largest insurer, is likely to file a draft prospectus as early as end of this month and begin issuing public shares by mid-March
Source: ndtv.com
Expect to list LIC by end of FY22: Govt official
The government also expects to complete selling state-owned refiner Bharat Petroleum Corp Ltd and national carrier Air India in the current fiscal year
Source: businesstoday.in