News From Press LIC IPO may not come this year, says report

LIC IPO may not come this year, says report

Source: The Economic Times Sep 16, 2020

The initial public offering (IPO) of LIC, which many claim is likely to be the largest ever, may not hit the primary market this year as the pre-IPO process has been delayed, a media report said.

Business Standard quoting a government official said the government is yet to appoint an asset valuer, which is perhaps the most crucial part of the pre-IPO process.

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