India saw the mid-time line to launch the Mega’s first public offering from its biggest insurance company in the hope that the market volatility triggered by the Russian invasion to Ukraine would subside, according to people who were familiar with this problem. The embedded value of life insurance published by the Corp will apply to […]
LIC’s Mega IPO is not possible for this financial year: Source
New Delhi: Initial Public Offering (IPO) The largest Indian life insurance company, Corporation of India (LIC) seems impossible in this financial year 2021-22, the source told NDTV. The government can delay the Mega IPO LIC about market volatility as a Russian-Ukrainian conflict goes berserk, they add. While the center has until May 12 to launch […]
LIC asks policyholders to update PAN details before IPO
In run-up to the initial public offering (IPO), The Life Insurance Corporation (LIC) requested its policy holder to update the details of their permanent account number (PAN) and open a Demat account to participate in public problems. Although the Ministry of Finance has not completed the timeline for LIC IPO, the government can launch a […]