The Biggest LIC IPO in an India Hit the market Soon 

LIC IPO Biggest IPO Ever in India

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LIC IPO will be one of the biggest IPO ever in India The biggest IPO till date is recorded by Paytm but now after LIC IPO hit the market, this record will be of LIC IPO.

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The Government insurance company LIC IPO is ready to come soon. The government has handed over the draft of LIC IPO to the market regulator SEBI late on Sunday evening 13 Feb 2022, according to the draft, a total of 316,249,885 crore shares of LIC will be issued through offer for sale. There will be no fresh issue of LIC IPO.

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LIC IPO: Centre amends FEMA rules to allow 20% FDI in insurer

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FV - ₹10

Policy Holder Stake - 10%

Size - 65,000- 70,000 Cr

Total IPO OFS 

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316,249,885 shares

The Lic IPO Hit the market soon according to source the company filled the RHP file April - May Month.

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