India seeks $109b valuation for LIC mega IPO: report

It is slated to be the biggest IPO in the country.

India is seeking at least $109b (₹8t) for Life Insurance Corp., according to a report by Bloomberg.

The report said that the government is mulling selling a 5% to 10% stake in the company that could raise ₹400b to ₹1t.

The funds from the initial public offering will help the government’s goal to raise ₹1.75t by March.

Once the plans are pushed through, this could become the nation’s biggest IPO to date.

Follow the link s for more news on

Life Insurance Corp.

India's Biggest IPO

LIC $109b IPO

Also Read

Asia’s energy sector benefits from soft insurance market: Willis

MSIG Singapore unveils pet insurance with up to $15k coverage

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit