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LIC is India’s biggest public insurance company with a 64.1% market share in terms of premium. LIC IPO is going to be India’s biggest IPO on boards with an embedded value of Rs. 5.4 trillion. Currently, LIC is fully owned by the Government of India (GOI) and is looking to disinvest around 5% stake through an offer for sale. Check out the key facts about LIC to decide how good is LIC IPO? Or is it worth buying LIC IPO?
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