The IPO will be handled by the Department of Investment and Public Asset Management, said Gupta
BS Reporter |
Last Updated at February 10, 2021 01:57 IST
The pre-initial public offering (IPO) process of Life Insurance Corporation (LIC) is underway and the valuation exercise is likely to start soon, its Managing Director Mukesh Gupta said on Tuesday.
“The IPO 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.
First Published: Wed, February 10 2021. 01:47 IST