#lic valuation

Exercise to determine embedded value as on March 31, 2022 underway: LIC

An exercise to determine Indian Embedded Value as on March 31, 2022 is under progress and is expected to be completed by June 30, 2022, Life Insurance Corporation of India has said. “As soon as the exercise is completed, LIC of India shall make the required public disclosures,” the insurer said in a late night statement on Monday announcing its results for the fourth quarter as well as financial…

‘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…

LIC IPO: Valuation, Fact and Figures

LIC IPO Date 2021: BIG boon for investors! Govt to reserve 10 pct share for LIC policy holders; Over 1 cr Demat accounts to open The LIC IPO will contribute a significant chunk to the government’s budgeted disinvestment target of Rs. 2.10 lakh crore this fiscal year. The upcoming LIC IPO comes at a time when the government’s plans to divest its stake in Air India, BPCL and Concor have been put…