Some foreign investors have concerns about LIC IPO: Chairman1 min read . Updated: 27 Apr 2022, 04:59 PM IST
- M R Kumar's comments came a day after LIC filed its initial public offering (IPO) papers that showed India expects to raise up to $2.74 billion, just a third of its original target, from selling a 3.5% stake in LIC's IPO
Foreign institutional investors (FIIs) have some concerns about Life Insurance Corp's (LIC) IPO but global pension funds have "good interest" in the Indian state-run insurance giant's issue, the company's chairman said on Wednesday.
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