The Mother of all IPO's is here!
IPO Dates: TBC
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LIC is India's biggest insurance provider, founded in 1956. It is an Indian insurance and investment corporation under the ownership of the Ministry of Finance, Government of India, and is the only government-owned insurance provider.
There have been announcements of a tentative 10% reserve for the IPO, especially for LIC Policyholders. There are possibilities of a discount on the issue price for LIC policyholders, these can only be confirmed once the DRHP is issued. Eligible holders would be able to apply for the IPO under the 'Policyholder Category'