Apr 27, 2022By: Bhakti Makwana
LIC’s initial public offering (IPO) size is reportedly ₹21,000 crore now than earlier predictions of ₹75,000 crore. If the reported issue size is true, it is now close to the second biggest IPO -- Paytm.
IPO size of the fintech company was ₹18,300 crore in 2021.
Next in line is the government-owned company that got listed a decade ago with an IPO size of ₹15,200 crore (2010).
The Anil Ambani company that is now into bankruptcy was another large IPO that the market witnessed with an IPO size of ₹11,700 crore in 2008.
The government-owned reinsurance company had an IPO size of around ₹ 11,000 crore in 2017.
Next in line is another government-owned firm, which is one of the biggest crude oil and natural gas suppliers, with an IPO size of around ₹10,000 crore back in 2004.
The government-owned general insurance company had an IPO size of around ₹9,000 crore in 2017.
The Haryana-based real estate company had launched with an IPO size of around ₹9,000 crore in 2007.
The Mumbai-based private life insurance company had debuted the market with an IPO size of ₹8,695 crore in 2017.
Gurgaon-based oil and gas exploration and production company is tenth in the list of largest IPOs in history with issue size of ₹5,260 crore in 2006.