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.”