Who doesn’t want LIC of India’s IPO? THE SIZE MATTERS
As presumed, if the government dilutes 10 per cent ofLIC’s stake, the sum of the initial public offer (IPO) isexpected to be around ₹1 trillion to ₹1.5 trillion, whichthe Indian IPO market has never seen in history. Thesize would be roughly 10 times the size of the biggestprevious primary market issue and substantiallyhigher than the […]