InvestorQ : How big is the LIC IPO likely to be?
shrinidhi Rajan made post

How big is the LIC IPO likely to be?

Answer
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3 months ago
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It looks like the government is now only considering selling 5% stake in LIC with no fresh issue component. Government may offer 31.60 crore shares out of the 632 crore shares it holds. LIC board will take a final call on 11-Feb. LIC has AUM of $500 billion and the IPO is expected to be 3.6 times the size of Paytm.

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