LIC IPO may hit market by mid-May

LIC IPO may hit market by mid-May

The DRHP filed by LIC on February 13 pegged its embedded value at Rs 5.4 lakh crore. Sebi approved the draft prospectus on March 9. While the mega initial public offer (IPO) of Life insurance Corporation will now happen only in next financial year, chances are that the issue will hit the market by mid-May, […]