LIC is not a company how can it be listed?

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34 Points Posted on 19 October 2021
(१)LIC is not a company so Govt. iska ipo kaise la sakti hai?
(२) if it got listed, will it consider as listed company?
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On 19 October 2021 at 19:17 Report
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This discussion delves into the question of whether LIC, as it's not traditionally a company, can be listed via an IPO. It explores the implications of such a listing, considering LIC's status as the largest life insurer in India and its historical nationalisation. The thread touches upon the government's potential future plans for privatisation.

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engineer
1085 Points Posted on 19 October 2021

Future plan is to privatise, wait and watch.

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On 19 October 2021 at 23:39
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Chartered Accountant
24588 Points Posted on 20 October 2021
LIC is the largest life insurance company in India with an asset value of over 2,529,390 crores. LIC of India was created on 1st September 1956 when the government of India passed the Life Insurance of India Act, nationalising the private insurance industry in India

So IPO can be used
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On 20 October 2021 at 06:05

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