Apply For FDI


Fraud Warning Disclaimer : FDI India warns you against certain individuals that might falsely present themselves as our affiliate agents, representatives, or employees. Under this false pretence, they might try to gain access to your personal information or to acquire money as Consultation fee or any other form or other valuables from you by offering fictitious employment opportunities or by claiming that they are contacting you on our behalf. Don’t fall prey into the fraudulent misrepresentation. Such fraudulent claims and offers are received generally via email, text message, phone, or internet, etc.

FDI India would like to bring to your notice that our authorized official Email IDs are,, and Contact Numbers are 1800 891 1610 and 8595911148. FDI India shall not be liable for any claims, damage, or loss of any kind inflicted by any other unauthorized entity. Be very mindful of such scams.
Legal : We own all the information, images, text, logo, and other content provided by us. The use of information is strictly prohibited without our consent. We hold the right to take a legal action against any individual or organization violating or using our site information.
Become A Partner Apply For FDI
Fdi India news

LIC IPO: Govt Plans to Allow 20% Foreign Investment in India's Biggest Offering

    6 October , 2021         Fdiindia

LIC IPO: Govt Plans to Allow 20% Foreign Investment in India's Biggest Offering

According to a source familiar with the situation, India is contemplating allowing foreign investors to hold up to 20% of Life Insurance Corporation, allowing them to participate in the country's largest initial public offering.

A proposal to change FDI regulations so that investors may buy a share without the government's permission via the so-called automatic route is being discussed, according to the source, who asked not to be named because the discussions are private. The idea would be discussed by government officials as early as Wednesday afternoon in New Delhi, according to the source.

A spokesperson for the finance ministry did not immediately return calls seeking comment.

As a result of the epidemic, Prime Minister Narendra Modi's administration is counting on funds from the state-run insurer's initial public offering (IPO) to fulfil its budget deficit goal for the fiscal year ending March 2022. While other Indian insurers are allowed up to 74 percent foreign direct investment, the restrictions do not apply to the LIC since it is an unique organisation established by an act of parliament.

The Reserve Bank of India defines FDI as a person or organisation from outside India purchasing a 10% or greater interest in a listed business, or any foreign investment in an unlisted company. As a result, LIC's FDI approval not only enables global investors to participate in the IPO, but it also allows for a substantial share acquisition following the IPO.

According to Bloomberg, the government is seeking a value of between 8 trillion and 10 trillion rupees ($134 billion) for LIC, and is contemplating a share sale of 5% to 10%, which could generate between 400 billion and 1 trillion rupees.

Last month, banks began interacting with prospective investors, with a potential listing anticipated between January and March 2022.