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R. Kumar, LICBanking & Finance

LIC Files DRHP With SEBI for Mega IPO

According to DIPAM Secretary, the IPO is 100 per cent OFS by the Government of India and no fresh issue of shares by LIC. LIC has a 66 per cent market share in New Business Premiums with 283 million policies and 1.35 million agents as of March 31, 2021.

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