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LIC board approves reduction in IPO issue size to 3 5%: Sources

The government will now dilute 3.5 per cent of its shares in LIC instead of 5 per cent, subject to regulatory approval.

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LIC IPO latest update: Issue size, expected launch date, other key details

The LIC IPO would be the biggest ever in the history of the Indian stock market.

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LIC IPO: Decision on timing of public offer shortly

While the government is confident about the prospects of the issue, it is wary of market conditions and investor sentiment.

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LIC IPO: SEBI s approval for draft prospectus expected before Mar 10

LIC IPO: As per the DRHP, up to 31,62,49,885 (31.62 crore) equity shares will be on offer through the offer for sale (OFS), representing 5 per cent of equity stake.

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LIC DRHP to be filed this week, says DIPAM Secy Tuhin Kanta Pandey

Speaking at the BT Budget Roundtable 2022, DIPAM Secretary Tuhin Kanta Pandey said that the LIC IPO is scheduled for this month.

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