News > LIC IPO in early March, Neelachal Ispat Nigam sale soon

LIC IPO in early March, Neelachal Ispat Nigam sale soon

Scroll | 28/01/2022 01:50 PM | Click to read full article

Life Insurance Corporation (LIC), India's largest insurer, could launch its jumbo initial public offering (IPO) in early March, a top government official told CNBC-TV18 on January 27, adding that the government is also giving finishing touches to the sale of Neelachal Ispat Nigam Limited.

“We are very sanguine about bringing the LIC IPO in early March,” said Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey.