E-Paper
LIC IPO to open on May 4, close on May 9: Report
The IPO, through which the government will sell 3.5 per cent stake in state-owned Life Insurance Corporation (LIC), will fetch ₹21,000 crore to the exchequer.
Published on: Apr 25, 2022, 22:12:24 IST
Share via
Copy link
The initial public offering of the country's largest insurer LIC will open on May 4 and close on May 9, sources said.
The IPO, through which the government will sell 3.5 per cent stake in state-owned Life Insurance Corporation (LIC), will fetch ₹21,000 crore to the exchequer.
The IPO values LIC at ₹6 lakh crore.
