LIC at new low: The story of India's biggest insurer's stock since listing

From the govt's announcement of plans to divest its stake in LIC, to its debut on the exchanges, to touching a new low, here is a snapshot of this journey so far

The shares of  Life Insurance Corporation of India (LIC) hit a new low on BSE on Monday, falling 2 per cent to Rs 786.05. This is the lowest LIC's shares has touched since its listing as the market capitalisation of India’s largest insurer went down below the Rs 5-trillion-mark.  

A timeline of IPO listing of LIC, which commands more than 60% of India's insurance market with a sales agent in almost every neighborhood across the country.

February 2020 

The Indian government first announced in February 2020 that it plans to sell its stake in LIC through