scorecardresearchLIC IPO delayed, likely to be launched in mid-May: Reports

LIC IPO delayed, likely to be launched in mid-May: Reports

Updated: 14 Mar 2022, 03:58 PM IST
TL;DR.
  • LIC’s published embedded value will be valid for the IPO until May as per rules. A delay beyond that would mean LIC would have to re-calculate the embedded value.
LIC filed the draft red herring prospectus (DRHP) with SEBI on February 13. 

LIC filed the draft red herring prospectus (DRHP) with SEBI on February 13.