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

Posted on Posted in Business by 40 views

LIC’s initial public offering (IPO) has received a nod from market regulator the Securities and Exchange Board of India (Sebi). The approval was granted within 22 days of filing draft red herring prospectus (DRHP) by the country’s largest insurer, Sebi, according to a Business Today report. IPO approvals…

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LIC IPO: If you are an LIC policyholder, then here’s how you can participate in the upcoming IPO

Posted on Posted in Business by 23 views

LIC IPO: The government is expected to launch the initial public offering (IPO) of the country’s largest insurer Life Insurance Corporation (LIC) in the fourth quarter (Q4) of the ongoing financial year (FY22). The listing of LIC will be crucial for the government to meet its disinvestment target. The government…

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