Which company is likely to launch IPO worth USD 8 billion in March?

A)
Life Insurance Corporation (LIC)
B)
Hindustan Aeronautics Limited(HAL)
C)
Air India
D)
Oil and Natural Gas Corporation(ONGC)

Correct Answer : Option (A) - Life Insurance Corporation (LIC)



India's state-run Life Insurance Corporation (LIC) is set to launch India's biggest-ever IPO worth USD 8 billion on March 11, 2022. LIC's IPO is expected to get regulatory approval by the first week of March after which the marketing price band will be set.

Published On : February 18, 2022
Category : Business and Economics