What is the LIC IPO Size?

There’s a lot of excitement going around the upcoming LIC IP and it can be the mother of all IPOs. LIC IPO Size is expected to fetch around Rs 80000-100000 Cr. to the government. Even though the government has decided to dilute partial of its ownership in LIC through an IPO, the share sale of LIC, which was set up in 1956, is expected to be the largest.