Correct Answer : Option (D) - May 4th, 2022
The much-awaited initial public offering, Life Insurance Corporation of India (LIC IPO) is likely to open on May 4th and close on May 9th, 2022. The development comes after market regulator, Sebi, gave its approval to the updated draft red herring prospectus, which lists a 3.5 percent stake sale instead of 5 percent as mentioned in the previous draft papers.
Published On : April 26, 2022
Category : Insurance and Finance