Insights

LIC IPO Expectations

“Once listed on the exchanges, Life Insurance Corporation (LIC) is expected to be pinned on global portfolio watchlists, said financial services provider Avener Capital. The insurer’s long-awaited Initial Public Offering (IPO) is likely to open for investors on May 4 and will remain open to subscription till May 9. It will be the largest and landmark public issue in the history of the Indian capital market.”