Saturday, March 08, 2025 | 02:54 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

LIC may need to be revalued if the listing is pushed beyond May

The government is hopeful of bringing out India's largest IPO before May

LIC IPO
Premium

This would also require the government to seek fresh approval from Sebi for the life insurer’s IPO

Nikunj Ohri New Delhi
The government may have to rework the valuation of Life Insurance Corporation of India (LIC) for its initial public offering (IPO) if the listing is pushed beyond May, an official said.

The current embedded value of LIC, pegged at Rs 5.4 trillion as of September 30 and for the six-month period ended September, will have to be re-evaluated if the issue is pushed beyond May 12, as approved by the Securities and Exchange Board of India (Sebi). This would impact the market value of LIC, that is currently being internally estimated at 3-4 times of the embedded value.

This would also require

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in