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19 December 2021

LIC IPO unlikely to take place this fiscal due to delay in valuation

LIC IPO unlikely to take place this fiscal due to delay in valuation

LIC IPO unlikely to take place this fiscal due to delay in valuation

The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and preparatory work is still far from complete.

from IndiaTV Business: Google News Feed LIC IPO unlikely to take place this fiscal due to delay in valuation
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