Apr 3, 2022
Explained in 5 charts: India’s biggest IPO ever
NEW DELHI: India’s biggest ever initial public offer (IPO) by Life Insurance Corporation (LIC) of India is finally here. After much speculations, the government on Wednesday filed a revised draft red herring prospectus (DRHP) with Securities and Exchange Board of India (Sebi). “The time has come for LIC to be listed. I believe all LICians