LIC IPO seems all set to hit the Indian markets soon – take a look at India’s biggest public issues ever

Apr 27, 2022

Credit: Canva

LIC issue size

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.

Credit: LIC

PayTM is the second largest IPO ever

IPO size of the fintech company was ₹18,300 crore in 2021.

Credit: Wikipedia

Coal India

Next in line is the government-owned company that got listed a decade ago with an IPO size of ₹15,200 crore (2010).

Credit: Wikipedia

Reliance Power

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.

Credit: BCCL

General Insurance Corporation (GIC)

The government-owned reinsurance company had an IPO size of around ₹ 11,000 crore in 2017.

Credit: ONGC

Oil and Natural Gas Corporation (ONGC)

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.

Credit: ONGC

New India Assurance

The government-owned general insurance company had an IPO size of around ₹9,000 crore in 2017.

Credit: BCCL

DLF

The Haryana-based real estate company had launched with an IPO size of around ₹9,000 crore in 2007.

Credit: BCCL

HDFC Standard Life Insurance

The Mumbai-based private life insurance company had debuted the market with an IPO size of ₹8,695 crore in 2017.

Credit: BCCL

Cairn India

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.

Credit: Cairn India