LIC IPO Big News

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The news about LIC IPO Draft is that the government insurance company had submitted the draft to SEBI in February.

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The government had asked SEBI to approve the draft in 3 weeks. With the approval of SEBI, the possibility of LIC draft going public has increased soon.

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This approval of SEBI has come within 22 days of handing over the draft. Earlier, SEBI had not approved the draft of any IPO so quickly.

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With the approval of SEBI, there are also indications that LIC IPO is going to be launched sooner than postponing.

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LIC IPO Latest News Update:

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A report in ET Now quoted sources as saying that SEBI has also issued an observation letter while approving the draft.

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Now the way has been cleared to launch LIC IPO in the market. The government insurance company had submitted the draft of the IPO to SEBI in February.

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The government can sell up to 10 percent of its stake in LIC through LIC IPO. If this happens, then its size can go beyond Rs 1 lakh crore.

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For LIC IPO date and any information related to LIC IPO, Please click on the button given below!

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