(१)LIC is not a company so Govt. iska ipo kaise la sakti hai?
(२) if it got listed, will it consider as listed company?
Future plan is to privatise, wait and watch.
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 20 October 2021
LIC is the largest life insurance company in India with an asset value of over 2,529,390 crores. LIC of India was created on 1st September 1956 when the government of India passed the Life Insurance of India Act, nationalising the private insurance industry in India
So IPO can be used
So IPO can be used
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