#lic ipo value

‘Govt has window till May 12 for LIC IPO’

The government has time till May 12 to launch the initial public offering (IPO) of LIC without filing fresh papers with market regulator SEBI, an official said. The government’s sale of about 31.6 crore shares or 5 per cent stake in Life Insurance Corporation (LIC), which was estimated to fetch around ₹60,000 crore to the exchequer, was originally planned to be launched in March, but the…