LIC IPO: When size does matter, a few numbers that will baffle you

Updated : Feb 14, 2022 08:37
|
EJ Biz Desk

LIC IPO: The government will sell 5% of its stake in the country largest insurer Life Insurance Corporation of India (LIC) through an initial public offering (IPO) which is set to be India's largest ever IPO.

Here are some of the big numbers you need to note

• How much is the govt selling: 5%

• Shares to be offered: 316 million shares

• Embedded value of LIC: Rs 5.4 lakh crore 

• Has assets worth: Rs 44 lakh crore 

• Stock Portfolio: Rs 9.5 lakh crore 

• Number of branches:  2,000

• Number of employees: 10,000

• Policy holders: 286 million 

• Number of agents: 1.35 million

Also Watch: LIC IPO: DRHP filed with Sebi; here are all the details of India's largest IPO

LICLIC IPO

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