LIC IPOs & Factors

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The primary market timing for the LIC IPO has been extended till May 4. Should you purchase or avoid ?

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LIC plans to raise up to Rs 5,630 crore at the upper end of the price band from the anchor investors.

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LIC IPOs & Factors

Should new investors buy LIC IPOs?

The primary market timing for the LIC IPO has been extended till May 4. Should you purchase or avoid ?

LIC plans to raise up to Rs 5,630 crore at the upper end of the price band from the anchor investors.

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From May 4 To May 9, The Initial Public Offering (IPO) Will Be Available To The General Public. Investors Would Be Asked For A Total Of Rs 21,000 Crore By The Insurance.

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“LIC's Contribution To Growth In The Protection Category Is Smaller Than Its Competitors. “We Believe LIC Is Well Positioned To Grasp The Industry Opportunity,” Said KR Choksey.

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Reliance securities also advises investors to ‘subscribe' to the offer, citing lic's primary risk of failure to retain and attract individual agents on schedule and within budget.

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“Investors Should Be Aware That The Insurance Industry Is Long-Term In Nature,” Said Nyati.