LIC Offer For Sale: Govt's Surprise Timing Helps Raise $3.3 Billion

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Government

6 August 2026 at 3:56 pm

LIC Offer For Sale: Govt's Surprise Timing Helps Raise $3.3 Billion

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Summary

The government's surprise timing for LIC's Offer For Sale helped raise $3.3 billion in the biggest secondary share sale, with the launch date kept confidential even from some advisors.

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