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LIC IPO - Finding The Right Price Point For Investors
24 Dec 2021, 01:10 PM IST
The much-awaited initial public offer from India’s largest life insurer is in final stages of preparation. Life Insurance Corporation of India Ltd.—which has undergone corporatisation ahead of the IPO—will have an equity of 632.49 crore shares of Rs 10 face value each, giving it a share capital of Rs 6,325 crore, according to the September-end shareholding disclosure on its website.For the past year, media reports including Bloomberg...
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