LIC IPO Latest Update; LIC IPO Size, Date and Valuation

LIC IPO Latest Update

LIC IPO Latest Update: The Govt of India will be file DRHP { Draft Red Herring Prospectus } of LIC in Sebi around today or tomorrow according to the source. LIC IPO is the largest IPO in Indian Stock market history. Around 10% of LIC IPO is reserved for LIC Policyholders.

LIC IPO Date :

Govt probably file the [DRHP] of LIC IPO today or tomorrow in Securities and Exchange Board (SEBI). Tuhin Kanta Pandey (DIPAM secretary) said in an interview LIC IPO come fast after Initial work done consultation with Sebi. So LIC IPO comes on End of march or the First week of April in the Indian stock market.

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LIC IPO Size:

Tuhin Kanta Pandey says ” The embedded value could be more than Rs 5 lakh crore and the enterprise value will be multiples of that,” The value of LIC IPO is around Rs. 15 to 25 Lakh crore. Because Mr Pandey said in an interview with Reuters. The IPO Size of LIC will be around 3 to 5 times the embedded value.

LIC Policy Holders:

According to Reports: the Indian govt would be reserve around 10 % Of LIC IPO for LIC Policyholders at discount prices.

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