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LIC IPO

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LIC IPO LIC IPO would be the biggest ever in the history of the Indian stock market. Once listed LIC market valuation would be comparable to top companies like RIL and TCS. The LIC IPO was originally planned to be launched in March. But the Russia-Ukraine crisis has derailed the plans as markets are volatile. The government has time till 20 May to launch LIC IPO. If the government misses the 12 May window, LIC would have to file fresh papers with SEBI. The officials said it would wait for the market to stabilize so that retail investors get confidence to invest in the stock market According to the norm up to 5% of an issue size is reserved for employees. 10% is reserved for policyholders.