LIC IPO: Increase in surplus transfer to shareholders won’t impact policyholders, says DIPAM secretary Tuhin Kanta Pandey

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While the valuation of the insurer will be known closer to the listing, it is believed to be worth Rs 8-11.5 lakh crore, meaning a 10% stake sale could fetch the government around Rs 80,000-1,00,000 crore.

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