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The Times of India
The Times of India
Business
PTI

6.48 crore policyholders keen to buy LIC IPO, says official

BENGALURU: Ever since the Life Insurance Corporation (LIC) announced launching the initial public offering (IPO), 6.48 crore LIC policyholders have shown interest to get the much-touted share of the largest insurance company in the country, an official said.

“The response to our IPO launch is wonderful. We have some figures: 6.48 crore policy holders have linked their PAN number with the policy details up to the cut-off date (February 28, 2022),” Rahul Jain, director of the department of investment and public asset management (DIPAM) in the ministry of finance, told reporters.

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