Centre amends FEMA rules to allow 20% FDI in LIC
2 years, 8 months ago

Centre amends FEMA rules to allow 20% FDI in LIC

Hindustan Times  

The government has amended rules of the Foreign Exchange Management Act, paving the way for up to 20 per cent foreign direct investment in the insurance behemoth LIC. Following the Cabinet approval, the Department for Promotion of Industry and Internal Trade on March 14 had amended the Foreign Direct Investment policy to facilitate overseas investment in LIC ahead of the mega public offer. FEMA notification was required to operationalise the provisions DPIIT issued through a press note, including FDI policy changes that will allow large foreign portfolio investors to subscribe to shares of LIC. Since the foreign inflows' ceiling for public sector banks is 20 per cent under government approval route as per the present FDI policy, it has been decided to allow foreign investment of up to 20 per cent in LIC and other such corporate bodies.

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History of this topic

RBI, Sebi issue framework for reclassifying FPI investments as FDI
1 month, 1 week ago

RBI, Sebi issue framework for reclassifying FPI investments as FDI

New Indian Express  

MUMBAI: The Reserve Bank of India and the Securities and Exchange Board have directed foreign portfolio investors to obtain necessary approvals from the government and concurrence from the investee companies in cases of acquisition of equity holdings beyond the prescribed limits. The direction better aligns with the Fema rules, the regulators said in separate notifications Monday and helps lift the …

LIC IPO: Investors may get shares dividend, hints insurer
2 years, 6 months ago

LIC IPO: Investors may get shares dividend, hints insurer

India Today  

Life Insurance Corporation of India will hold a meeting of its board of directors to consider and approve payment of dividends, if any, the insurance behemoth said in a BSE-filing. The country's largest insurer made a lacklustre debut on stock exchanges, listing at over 8 per cent discount after a successful initial public offering which fetched Rs 20,557 crore for …

LIC set to debut shares on stock market today; here's what you need to know
2 years, 7 months ago

LIC set to debut shares on stock market today; here's what you need to know

Firstpost  

LIC had last month reduced its IPO size to 3.5 per cent from 5 per cent decided earlier due to the prevailing choppy market conditions New Delhi: The country’s largest insurer LIC will list its shares on the stock exchanges on Tuesday after witnessing a good response from domestic investors in the initial share sale, which fetched Rs 20,557 crore …

LIC IPO Opens Today: India's Biggest Public Issue Live Now, Here's How to Buy LIC IPO Shares
2 years, 7 months ago

LIC IPO Opens Today: India's Biggest Public Issue Live Now, Here's How to Buy LIC IPO Shares

News 18  

LIC IPO: The Dalal Street has been set abuzz once again, with India?s largest life insurer, Life Insurance Corporation of India is opening its initial public offering on May 4, Wednesday. The LIC IPO opens today, which means the wait is over for subscribers and investors who want to invest in the largest public issue in India?s history. The LIC …

LIC IPO: State insurer raises over Rs 5,600 crore from anchor investors
2 years, 7 months ago

LIC IPO: State insurer raises over Rs 5,600 crore from anchor investors

India Today  

The LIC IPO got off to a bumper start as the national insurer garnered around Rs 5,620 crore. Of the over 22.13 crore LIC shares on offer, over 9.88 crore shares are reserved for qualified institutional buyers and over 2.96 crore shares for non-institutional buyers. LIC's embedded value, which is a measure of the consolidated shareholder's value in an insurance …

LIC IPO: SBI, Aditya Birla, ICICI Pru, 2 Others Make Investment Commitments; Check Details
2 years, 7 months ago

LIC IPO: SBI, Aditya Birla, ICICI Pru, 2 Others Make Investment Commitments; Check Details

News 18  

Even as the LIC IPO is all set to hit the market this week, investors have started making commitments for the initial public offer. Norway’s Norges Bank Investment Management, Singapore’s GIC Pte, and Abu Dhabi Investment Authority have also committed to becoming anchor investors in the LIC IPO, according to a Bloomberg report. LIC IPO: Date, Size, Quota The price …

LIC IPO Opens Next Week: Key Things to Know Before Buying LIC Shares
2 years, 7 months ago

LIC IPO Opens Next Week: Key Things to Know Before Buying LIC Shares

News 18  

LIC IPO: India’s largest insurer Life Insurance Corporation is set to open its initial public offering or IPO next week. LIC IPO Price Band: The price band of LIC IPO is set at Rs 902 to Rs 949 per equity share, with a Rs 60 discount for policyholders and Rs 45 discount for employees and retail investors. The price band …

LIC IPO: A Guide for LIC Policyholders to Buy Shares at Discounted Rates
2 years, 7 months ago

LIC IPO: A Guide for LIC Policyholders to Buy Shares at Discounted Rates

News 18  

LIC IPO: The mega initial share sale of the Life Insurance Corporation of India, or LIC, is finally set to open next week, on May 4 and close on May 9. LIC IPO: Discount for Policyholders At the moment, what most people across India may find attractive is the discount LIC policyholders get while buying shares of the LIC IPO. …

LIC IPO Launch Highlights: 'Mother of All IPOs' is Here; Issue Opens on May 4
2 years, 7 months ago

LIC IPO Launch Highlights: 'Mother of All IPOs' is Here; Issue Opens on May 4

News 18  

LIC IPO Live Updates: The Life Insurance Corporation’s public issue offer, India’s biggest is finally here. With the revised price band, the government now expects to raise up to Rs 21,000 crore from selling a 3.5 per cent stake in LIC in place of the earlier 5 per cent, a third of the original expectations. The Securities and Exchange Board …

LIC fixes price band at ₹902-949 for May 4 IPO
2 years, 7 months ago

LIC fixes price band at ₹902-949 for May 4 IPO

The Hindu  

The Life Insurance Corporation of India on April 27 fixed its price band at ₹902- 949 per share for its Initial Public Offering set to open on May 4. Earlier, the government had planned to sell 5% of its stake in LIC, amounting to 31.6 crore shares, and had filed draft papers to that effect with Securities and Exchange Board …

LIC IPO announced: Date, price band, discounts, bid lot for policyholders, employees, investors
2 years, 7 months ago

LIC IPO announced: Date, price band, discounts, bid lot for policyholders, employees, investors

India Today  

Life Insurance Corporation of India's on Wednesday announced the largest-ever initial public offering in India. LIC policyholders and its employees and general investors must go through all the details carefully before parking money in the IPO. With this IPO, the government would sell a 3.5 per cent stake in the insurance giant by selling 22.13 crore shares. LIC has reserved …

LIC IPO to Open on May 4: Price, Quota, Discount for Policyholders to be Announced Today
2 years, 7 months ago

LIC IPO to Open on May 4: Price, Quota, Discount for Policyholders to be Announced Today

News 18  

Life Insurance Corporation of India is all set to announce the offer price and discounts for its policyholder and retail investors of its initial public offering on Wednesday. The much-awaited LIC IPO is expected to be priced in the range of Rs 902-949 per share, according to the sources. LIC IPO Price The price band for mega LIC IPO has …

LIC IPO: FDI Tweak, Policyholders' Discount, Govt Goes The Distance to Make IPO a Success
2 years, 7 months ago

LIC IPO: FDI Tweak, Policyholders' Discount, Govt Goes The Distance to Make IPO a Success

News 18  

As the LIC IPO is set to hit the market in the first week of May, the government and Life Insurance Corporation‘s executives are making all-out efforts to make the initial public offering a success. Recently, the government also amended the Foreign Exchange Management Act’s rules, paving the way for up to 20 per cent foreign direct investment in LIC. …

LIC IPO price band set at ₹902-949 a share for ₹21,000 crore: Report
2 years, 7 months ago

LIC IPO price band set at ₹902-949 a share for ₹21,000 crore: Report

Hindustan Times  

Life Insurance Corporation, an insurance giant, has fixed the price band at ₹902-949 per share for the ₹21,000 crore public offer that may open on May 4, news agency PTI reported, citing sources. The government had in February planned to sell a 5 per cent stake or 31.6 crore shares of the insurance company and had filed draft papers with …

LIC IPO to open on May 4, govt to sell 3.5% stake in state-owned insurer
2 years, 7 months ago

LIC IPO to open on May 4, govt to sell 3.5% stake in state-owned insurer

India Today  

The long-awaited Initial Public Offering of insurance behemoth Life Insurance Corporation has been cleared and an official announcement is likely in the coming days. According to sources, the IPO issue size for the company whose embedded value, a measure of the consolidated shareholders’ value in an insurance company, is pegged at about Rs 5.4-lakh crore will be Rs 21,000 crore. …

LIC IPO: Reduced Size May Affect Fiscal Deficit Target; Disinvestment Mop-Up To Be Hit
2 years, 7 months ago

LIC IPO: Reduced Size May Affect Fiscal Deficit Target; Disinvestment Mop-Up To Be Hit

News 18  

After missing the disinvestment target by a wide margin in the financial year 2021-22, the government this year expects to garner Rs 65,000 crore by asset-sales. The majority of the target was expected to come from the LIC IPO, which earlier aimed to garner around Rs 50,000 crore. However, now, the government has reduced Life Insurance Corporation‘s size to Rs …

LIC IPO: SEBI May Exempt LIC From 5% Mandatory Listing Rule; Know Details
2 years, 7 months ago

LIC IPO: SEBI May Exempt LIC From 5% Mandatory Listing Rule; Know Details

News 18  

LIC IPO Update: According to the latest development on the LIC IPO, CNBC TV18 has learned from its sources that it will not approach the market for a year for LIC FPO. Further, sources with the knowledge of the matter have also said that, the market regulator, SEBI is considering the exemption sought by LIC on a mandatory 5 per …

LIC IPO: Fresh DRHP Filed; New Issue Size Approved; Know Launch Date, Price, More Info
2 years, 8 months ago

LIC IPO: Fresh DRHP Filed; New Issue Size Approved; Know Launch Date, Price, More Info

News 18  

The government has filed a fresh draft red herring prospectus with markets regulator Sebi for the LIC IPO and is likely to file red herring prospectus in the first half of next week. In the LIC IPO, the government has now decided to dilute its 3.5 per cent stake for Rs 21,000 crore, compared with the 5 per cent proposed …

LIC board okays cut in IPO issue size to 3.5%
2 years, 8 months ago

LIC board okays cut in IPO issue size to 3.5%

Hindustan Times  

The board of Life Insurance Corporation of India on Saturday trimmed the size of the state-owned insurer’s initial public offering to 3.5% from 5% earlier at an estimated valuation of ₹6 lakh crore, two people aware of the development said. The issue size of the IPO has been revised to a minimum of 3.5% from the earlier 5% based on …

LIC IPO: Size Reduced, New Launch Date; All Latest Updates
2 years, 8 months ago

LIC IPO: Size Reduced, New Launch Date; All Latest Updates

News 18  

The size of the Life Insurance Corporation‘s initial public offering may be slashed to Rs 21,000 crore, said people in the know. The LIC IPO, however, may come with a greenshoe option of Rs 9,000 crore. The total IPO size, after accounting for the greenshoe option, will work out to Rs 30,000 crore and will lead to a 5 per …

LIC IPO to have a Bumper Listing? You Can Expect as Insurer Sees Robust Growth in FY22
2 years, 8 months ago

LIC IPO to have a Bumper Listing? You Can Expect as Insurer Sees Robust Growth in FY22

News 18  

LIC IPO: The Life Insurance Corporation of India, or LIC’s chances to perform well at the bourses when the LIC IPO gets listed, just got higher. In March, however, the country’s largest insurer’s premium collections jumped to Rs 42,319.22 crore, a 51 per cent increase than the previous year, as per the data. In the year ended March 31, 2022, …

LIC IPO Launch Likely in End-April; Know Date, Discount, Anchor Investors, Other Details
2 years, 8 months ago

LIC IPO Launch Likely in End-April; Know Date, Discount, Anchor Investors, Other Details

News 18  

LIC IPO: In a major development in the run-up to the listing of the life insurance behemoth, the government has amended the rules of the Foreign Exchange Management Act. LIC IPO: Updated DRHP According to sources, the country’s largest insurer is likely to file an updated draft red herring prospectus for the LIC IPO after consultations between the Department of …

Centre amends FEMA rules to let 20% foreign investment in LIC's public issue
2 years, 8 months ago

Centre amends FEMA rules to let 20% foreign investment in LIC's public issue

Firstpost  

The government is planning to dilute its stake in LIC through the the IPO. LIC in February had filed the Draft Red Herring Prospectus before the markets regulator Sebi for the IPO New Delhi: The government has amended rules of the Foreign Exchange Management Act, paving the way for up to 20 per cent foreign direct investment in the insurance …

LIC IPO date, price, size details, discounts: All you need to know
2 years, 8 months ago

LIC IPO date, price, size details, discounts: All you need to know

India Today  

The wait for Life Insurance Corporation of India's initial public offering is likely to be over this month. LIC IPO DATE The country's largest insurer is likely to file an updated draft red herring prospectus for the LIC IPO after consultations between the Department of Investment and Public Asset Management and investment bankers and a key meeting of the LIC …

LIC IPO Latest: Govt to Open in Last Week of April: Know Date, Size, Quota, All Details
2 years, 8 months ago

LIC IPO Latest: Govt to Open in Last Week of April: Know Date, Size, Quota, All Details

News 18  

The much-awaited initial public offering of Life India Corporation of India is all set to open in the last week of April, sources confirmed. The Russia-Ukraine war and its impact on the domestic stock market, has prompted the government to start a discussion on increasing the size of mega LIC IPO. LIC IPO Quota Reserved for Investors The government has …

LIC IPO: Date, price details, size for policyholders, investors
2 years, 8 months ago

LIC IPO: Date, price details, size for policyholders, investors

India Today  

The government is unlikely to decrease its stake further in the Life Insurance Corporation of India, according to an ANI report. LIC officials said that the insurance behemoth won't require funding support from the government for the next two years, the ANI report says. LIC IPO DATE LIC, which was to be launched in March, got delayed due to the …

LIC IPO: Top points you must know about updated draft papers
2 years, 9 months ago

LIC IPO: Top points you must know about updated draft papers

India Today  

The government has filed an updated draft red herring prospectus with market regulator the Securities and Exchange Board of India for LIC's initial public offering. The government is expecting to garner over Rs 60,000 crore by selling about 31.6 crore or 5 per cent stake in the life insurance firm to meet the curtailed disinvestment target of Rs 78,000 crore …

LIC IPO: Updated DRHP Filed; Know LIC IPO Date, Price, Quota, Discounts
2 years, 9 months ago

LIC IPO: Updated DRHP Filed; Know LIC IPO Date, Price, Quota, Discounts

News 18  

LIC IPO: Life Insurance Corporation of India has filed an updated DRHP for LIC IPO with SEBI. The government will sell about 31.6 crore shares or a 5 per cent stake in the insurance behemoth, which is estimated to fetch around Rs 60,000 crore to the exchequer. LIC IPO: Details on Price Band, Discount Rate This will provide details about …

LIC IPO: Govt files updated draft papers with Q3 financials
2 years, 9 months ago

LIC IPO: Govt files updated draft papers with Q3 financials

India TV News  

Highlights Govt is expecting to garner over Rs 60,000 crore by selling about 31.6 crore or 5% stake in LIC LIC IPO was originally planned to be launched in March, but Russia-Ukraine crisis derailed the plan The govt has time till May 12 to launch the IPO without filing fresh papers with the SEBI The government has filed updated draft …

LIC IPO Listing, Price Band, Policyholder Discount; Key Details Investors Should Know
2 years, 9 months ago

LIC IPO Listing, Price Band, Policyholder Discount; Key Details Investors Should Know

News 18  

LIC IPO: The much-awaited initial public offering of the Life Insurance Corporation of India is set to be the biggest ever in India, the Reserve Bank of India said in its March Bulletin. “The LIC IPO is set to be the biggest IPO ever in India, and hence, correct timing of the IPO is crucial,” the writers said in their …

LIC IPO launch date to discounts for employees, policyholders | Top points
2 years, 9 months ago

LIC IPO launch date to discounts for employees, policyholders | Top points

India Today  

LIC's IPO is likely to be delayed till mid-April, according to a Reuters report. LIC IPO DATE "Most likely, LIC would now be listed by mid-April," Reuters reported quoting a senior government official. Another senior government official said the government would also wait to see the impact of expected monetary tightening by the U.S. Federal Reserve which could adversely affect …

Govt has time till May 12 to launch LIC IPO without seeking fresh Sebi approval
2 years, 9 months ago

Govt has time till May 12 to launch LIC IPO without seeking fresh Sebi approval

India TV News  

Highlights Govt has time till May 12 to launch LIC IPO without filing fresh papers with market regulator Sebi LIC IPO launch was earlier planned in March but delayed amid Russia-Ukraine war If govt misses May 12 window, LIC would have to file fresh papers with Sebi The government has time till May 12 to launch the initial public offering …

LIC IPO Date, Price Band, Discounted Rate for Policyholders: Key Things to Know
2 years, 9 months ago

LIC IPO Date, Price Band, Discounted Rate for Policyholders: Key Things to Know

News 18  

LIC IPO: The government is planning to file final papers for the LIC’s Initial Public Offering with market regulator the Securities and Exchange Board of India. LIC IPO: Details on Price Band, Discount Rate This will provide details about the price band, discount for policyholders and retail buyers, and the actual number of shares to be put on the block, …

LIC IPO: Key update on price band, discount for policyholders
2 years, 9 months ago

LIC IPO: Key update on price band, discount for policyholders

India Today  

The government is planning to file final papers for the LIC's Initial Public Offering with market regulator the Securities and Exchange Board of India, according to a PTI report. LIC IPO DATE The government is presently in the wait-and-watch mode because of the market volatility due to the Russia-Ukraine war and will decide on the timing of the IPO of …

LIC IPO Price Band, Policyholders Discount Details Soon: Govt to File Final Papers With Sebi
2 years, 9 months ago

LIC IPO Price Band, Policyholders Discount Details Soon: Govt to File Final Papers With Sebi

News 18  

LIC IPO Final Papers: The Centre is will soon be filing the final papers for India’s mega LIC IPO soon. The government is planning to soon file the final papers for LIC IPO with market regulator Sebi, which will provide details about the price band, discount for policyholders and retail buyers, and the actual number of shares to be put …

LIC IPO gets Sebi approval; what's next for investors, policyholders
2 years, 9 months ago

LIC IPO gets Sebi approval; what's next for investors, policyholders

India Today  

LIC's initial public offering has received a nod from market regulator the Securities and Exchange Board of India. Sebi's approval comes in the wake of reports that the initial share sale was set to be delayed to next financial year due to market volatility stoked by the Ukraine crisis. RUSSIA-UKRAINE WAR IMPACT ON LIC IPO Last week, DIPAM Secretary Tuhin …

LIC IPO Gets Sebi's Nod; to Have Special Quota for Policyholders
2 years, 9 months ago

LIC IPO Gets Sebi's Nod; to Have Special Quota for Policyholders

News 18  

LIC IPO gets SEBI approval: Life Insurance Corporation of India on Tuesday has received capital markets regulator Sebi’s approval to raise funds through an initial share sale, sources told CNBC-TV18. The government will take a call on the IPO of the country’s largest insurer LIC in the “best interest of the investors”, Department of Investment and Public Asset Management Secretary …

LIC IPO draft papers cleared by Sebi
2 years, 9 months ago

LIC IPO draft papers cleared by Sebi

India TV News  

Markets regulator Sebi has given approval to mega IPO proposal of Life Insurance Corporation to help the government mobilise about Rs 63,000 crore to meet the disinvestment target for the current fiscal year, sources said. Going by the DRHP, the initial public offering would see sale of 31.6 crore shares or 5 per cent stake of the government. Although the …

LIC IPO: Govt may defer launch to next fiscal amid Russia-Ukraine war, say experts
2 years, 9 months ago

LIC IPO: Govt may defer launch to next fiscal amid Russia-Ukraine war, say experts

India TV News  

Highlights Govt expected to defer mega initial public offering of LIC to next financial Govt was looking to sell 5 per cent stake in Life Insurance Corporation this month IPO would have helped meet the curtailed disinvestment target of Rs 78,000 crore this fiscal The government is expected to defer the mega initial public offering of LIC to the next …

LIC IPO to be postponed? All you need to know
2 years, 9 months ago

LIC IPO to be postponed? All you need to know

India Today  

The wait for the mega initial public offering of LIC may get longer as the ongoing Russia-Ukraine war has left its impact on global stock markets, including sensex and nifty, according to a PTI report. The central government may defer the mega IPO of the country's national insurer and wait for an opportune time to get the maximum value of …

Cabinet allows up to 20% FDI in LIC ahead of IPO
2 years, 9 months ago

Cabinet allows up to 20% FDI in LIC ahead of IPO

Hindustan Times  

The Union cabinet chaired by Prime Minister Narendra Modi on Saturday allowed up to 20% foreign direct investment in state-run Life Insurance Corporation under the automatic route, paving the way for participation of overseas funds in one of the country’s biggest initial public offerings, expected next month, two officials aware of the development said. One of the officials said the …

Cabinet allows up to 20% foreign direct investment in IPO-bound LIC: Sources
2 years, 9 months ago

Cabinet allows up to 20% foreign direct investment in IPO-bound LIC: Sources

Firstpost  

New Delhi: The Union Cabinet on Saturday permitted up to 20 per cent foreign direct investment under automatic route in IPO-bound LIC with an aim to facilitate disinvestment of the country’s largest insurer, sources said. Since as per the present FDI policy, the foreign inflows ceiling for public sector banks is 20 per cent under government approval route, it has …

Days ahead of LIC IPO, Modi govt approves FDI up to 20%
2 years, 9 months ago

Days ahead of LIC IPO, Modi govt approves FDI up to 20%

Hindustan Times  

Continuing with its efforts to make India an attractive investment destination, an amendment has been approved to permit foreign direct investment in the Life Insurance Corporation of India with the existing policy further simplified. The FDI policy reform will further enhance ‘ease of doing business’ in the country, leading to larger FDI inflows and, thereby, contributing to the growth of …

LIC IPO guide for policyholders: Price band, size, discounts, must do things
2 years, 10 months ago

LIC IPO guide for policyholders: Price band, size, discounts, must do things

India Today  

India's largest ever public offering is all set to hit the market as Life Insurance Corporation of India filed a Draft Red Herring Prospectus with capital market regulator Securities and Exchange Board of India for the sale of a five per cent stake by the government. LIC IPO DATE The initial public offering of over 31.6 crore shares or five …

LIC IPO: Centre to sell 5% stake in company; here's all you need to know
2 years, 10 months ago

LIC IPO: Centre to sell 5% stake in company; here's all you need to know

Firstpost  

As per the draft red herring prospectus of the public issue filed with SEBI, the government will put 316,249,885 equity shares of LIC on sale Some more updates have emerged on the public issue of Life Insurance Corporation of India. As per the draft red herring prospectus of the public issue filed with the Securities Exchange Board of India, the …

Stage set for historic LIC IPO! Govt files DRHP to sell 5% for ₹63,000 crore
2 years, 10 months ago

Stage set for historic LIC IPO! Govt files DRHP to sell 5% for ₹63,000 crore

Live Mint  

Setting the stage for the country's biggest-ever public offering, Life Insurance Corporation on Sunday filed draft papers with capital market regulator Sebi for the sale of a 5 per cent stake by the government for an estimated ₹63,000 crore. The initial public offering of over 31.6 crore shares or 5 per cent government stake is likely to hit the D-street …

LIC IPO Date, Price, Size, Objective, Investors' Quota, Policyholders' Discount, Key Points
2 years, 10 months ago

LIC IPO Date, Price, Size, Objective, Investors' Quota, Policyholders' Discount, Key Points

News 18  

The central government has filed the draft prospectus of upcoming initial public offering of Life Insurance Corporation with market regulator Sebi. Let’s take a look at details of LIC IPO before investing LIC IPO Size: The central government owns 100 per cent stake in Life Insurance Corporation of India. LIC IPO Allocation for Anchor Investors The largest insurer of India …

LIC IPO: India's Biggest-Ever IPO is Finally Here, Govt to Offload 5% Stake; Know Details
2 years, 10 months ago

LIC IPO: India's Biggest-Ever IPO is Finally Here, Govt to Offload 5% Stake; Know Details

News 18  

Life Insurance Corporation of India filed the draft red herring prospectus with the market regulator for its much-awaited initial public offering. LIC IPO Size: The central government owned 100 per cent stake in Life Insurance Corporation. The proceeds of LIC IPO will go to the central government and the insurance company will not receive any funds as the issue will …

LIC IPO proposal filed with market regulator Sebi
2 years, 10 months ago

LIC IPO proposal filed with market regulator Sebi

India Today  

The government-owned Life Insurance Corporation of India filed its draft red herring prospectus for its mega initial public offering with the Securities and Exchange Board of India today, February 13. "The DRHP of LIC IPO has been filed today with the SEBI," Department of Investment and Public Asset Management secretary Tuhin Kanta Pandey wrote in a tweet. DETAILS OF LIC …

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