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The largest life insurer in India, LIC's IPO accounted for around 39% of the total fundraising in FY23. Nevertheless, FY23 fundraising in FY23 is still the third highest ever in the IPO market.
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https://www.livemint.com/market/ipo/ipo-fundraising-halves-to-rs-52-116-crore-in-fy23-37-firms-go-public-11680167741315.html
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