LIC IPO unlikely to take place this fiscal due to delay in valuation
Once listed, LIC is likely to become one of the biggest domestic companies with an estimated valuation of Rs 8-10 lakh crore
Source: asianage.com
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LIC IPO 'on course': Govt refutes 'speculation' around state insurer's public offer
Tuhin Kant Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM) took to Twitter stating that the media conjectures "doubting the feasibility" of the state insurer this fiscal year "is not correct."
Source: businesstoday.in
LIC IPO unlikely to take place in ongoing fiscal, here's why investors will have to wait a little longer | Companies News
The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022.
Source: india.com
LIC IPO unlikely this fiscal; here's why
LIC's IPO requires vetting not only by SEBI (Securities and Exchange Board of India) but also the IRDAI (Insurance Regulatory and Development Authority of India that doesn't have a head for almost seven months.
Source: businesstoday.in
LIC IPO unlikely to take place this fiscal due to delay in valuation
There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official of one of the merchant bankers said.
Source: indiatvnews.com