Life Insurance Corporation of India (LIC) is expected to come up with the largest Initial Public Offer (IPO) of India in March 2022. LIC has already filed the Draft Red Herring Prospectus on Sunday 13th February 2022. So, let’s discuss how is LIC as a business and whether one should apply for the IPO or not in the article as we move ahead.
The insurance sector is a high growth sector in terms of industry growth prospects wherein there are many private listed players like HDFC Life, SBI Life, etc. have a presence. But now LIC, the largest life insurance player is coming with its IPO which is expected to be the biggest till now in the country. From the facts and figures viewpoint, LIC as a business looks quite strong, but it needs to focus highly on its weaknesses or threats visible in the industry especially digital strength to maintain its leadership in the industry.
Originally Published On: https://blog.investyadnya.in/should-you-apply-for-lic-ipo/