LIC IPO to open on May 4: Report ...Middle East

The Times of India - News
LIC IPO to open on May 4: Report
source : The Times of India ( Middle East ) () 24
The initial public offering (IPO) of the country's largest insurer LIC will open on May 4 and close on May 9, sources said. The IPO, through which the government will sell 3.5 per cent stake in state-owned Life Insurance Corporation (LIC), will fetch Rs 21,000 crore to the exchequer.

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