Overview

• The government has greenlit an Offer for Sale to divest up to 6.5% of LIC and bring its public float to 10% by the May 16, 2027 deadline.
• The Department of Disinvestment will set the transaction’s size, timing and price based on prevailing market conditions.
• LIC shares trade around ₹924 apiece, valuing the insurer at roughly ₹5.85 lakh crore on the Bombay Stock Exchange.
• This move follows the May 2022 IPO that offloaded 3.5% of LIC and raised about ₹21,000 crore at a ₹902–949 price band.
• LIC’s record-breaking policy sales and a 38% jump in Q4 FY25 profits have strengthened its share performance ahead of the proposed stake sale.