Bitcoin

This is part of a global trend where governments offload stakes to manage fiscal deficits—similar to Saudi Aramco or Chinese SOE listings. For crypto, such large traditional IPOs can compete for retail and institutional capital, especially in a risk-off environment. India's regulatory stance on crypto (tax, ban speculation) further amplifies the local opportunity cost for investors choosing LIC over volatile digital assets.

India plans to begin formal marketing next month for a share sale in Life Insurance Corporation of India that could raise up to 100 billion rupees ($1 billion).