LIC IPO: Zeebiz Exclusive | Centre to file DRHP with SEBI by January 23, valuations pegged at around Rs 10 lakh cr
In a big development on LIC IPO, the government will be selling 10 per cent stake to float the Indias largest initial public offering in the form of Life Insurance Coproration of India, said Zee Business Managing Editor Anil Singhvi on Friday
In a big development on LIC IPO, the government will be selling 10 per cent stake to float India's largest initial public offering in the form of Life Insurance Corporation of India, said Zee Business Managing Editor Anil Singhvi on Friday.
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LIC IPO draft red herring prospectus (DRHP) is expected to be filed with the Securities Exchange Board of India (SEBI) by January 23, Zee Business correspondent Tarun Sharma informed Anil Singhvi.
The valuation of the World's largest insurance company is pegged at Rs 8-10 lakh crore, said Tarun.
The sources told Tarun that the IPO is likely to get approval within 21 days
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