India’s substantial financial institution, #LifeInsuranceCorporation, which operates around Rs 40 lakh crore of public money, is getting listed on the stock exchanges with a Rs 21,000 crore Initial Public Offering this month. The Life Insurance Corporation kicked off its mega #IPO process on May 02. The #AnchorInvestor portion of LIC has oversubscribed with bids of over Rs 7,000 crore.