LIC IPO: Govt’s treasure chest richer by Rs 20,557 crore after diluting 3.5% stake with the mega-offer
The government has moped up Rs 20,557 crore by diluting 3.5 per cent of its stake in the LIC.
May 13, 2022, 19:06 PM ISTGovt to sell 3.5% stake in LIC, IPO to fetch Rs 21,000 cr
The government is likely to sell a 3.5 per cent stake in Life Insurance Corporation (LIC) through an initial public offering which will hit the markets in the first week of the next month, an official said.
Apr 23, 2022, 21:14 PM IST