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LIC IPO: Govt to file details with SEBI soon

New Delhi, March 11 The Union government will soon be filing detailed papers for LIC’s initial public offering (IPO) with SEBI. A government official said the papers will provide details about the price band, discount for policyholders and retail buyers,...
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New Delhi, March 11

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The Union government will soon be filing detailed papers for LIC’s initial public offering (IPO) with SEBI. A government official said the papers will provide details about the price band, discount for policyholders and retail buyers, and the actual number of shares to be put on sale.

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The IPO will be put up after analysing the market volatility induced by the Russia-Ukraine war. —

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