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What is LIC IPO?

LIC being the country’s oldest and the largest insurer, LIC IPO is expected to be one of the biggest capital market issue. As per FM Announcement, government is all set to sell its 10% shareholdings in LIC to public through LIC IPO. It means that company will issue its shares to public for subscription and will be list on the stock exchange.

Answered on 2020-08-10

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