News > LIC IPO unlikely to take place this fiscal due to delay in valuation
LIC IPO unlikely to take place this fiscal due to delay in valuation
19/12/2021 01:57 PM | Click to read full article
The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and preparatory work is still far from complete.
There are still some issues that need to be addressed with regard to the valuation of LIC.
