Pre-IPO process on, valuation to start soon, says LIC MD Mukesh Gupta

The IPO will be handled by the Department of Investment and Public Asset Management, said Gupta

Life Insurance Corporation | IPO

BS Reporter  | 
New Delhi 

The pre-initial public offering (IPO) process of (LIC) is underway and the valuation exercise is likely to start soon, its Managing Director Mukesh Gupta said on Tuesday.

“The will be handled by the Department of Investment and Public Asset Management (Dipam). The transa­ctional advisors have already been appointed and the valuation by the selected actuary will start soon,” he said.

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First Published: Wed, February 10 2021. 01:47 IST