LIC IPO Journey begins ⏳ – #12 by fno_Q – IPOs – Buying and selling Q&A by Zerodha

LIC IPO Journey begins ⏳ - #11 by t7support - IPOs - Trading Q&A by Zerodha

The Journey to India’s Most Awaited and Greatest IPO has formally kick-started. An actuarial valuation train has arrived at a valuation of 150 Billion $ for this Insurance coverage and funding behemoth i.e.,LIC. The corporate is about to do extra such valuation workouts and in addition begin highway reveals from December for its preliminary share sale.

The Authorities appears to be eager to rope in Fastened Earnings funds and Long run pension and sovereign funds as LIC’s key shareholders as anchor traders (who’re primarily long run traders) as a substitute of hedge funds and brief time period oriented fairness funds who primarily give attention to brief time period returns.

Listed here are among the attention-grabbing info about LIC : 10 interesting facts you didn’t know about LIC – Blog by Tickertape

Ever puzzled what does LIC do with its humongous cash? This text throws some mild on it : What does LIC do with its money?

Among the latest updates from LIC :

  • LIC has issued 2.1 Crore recent insurance policies and settled 2.28 Crore insurance policies in 2020-21.

  • Earnings from fairness marketplace for the 12 months 2020-21 is 36900 Crores. (vs 18370 Crores in 2019-20)

  • Contemporary investments by LIC within the 12 months 2021-21 is 94000 Crores (vs 60000 Crores in 2019-20)

The above particulars had been taken from the information supplied by LIC here

At present It’s LIC vs the remainder of the sector. Lets see how LIC fares in opposition to different personal gamers in among the key metrics :

1. Share of Single Premium merchandise (Indicating the share of lumpsum merchandise corporations promote)

2. Market Share within the group enterprise.

3. Pattern in Common Coverage Ticket Measurement.

4. Variety of Common insurance policies issued.

5. Whole Agent Rely.

Supply : MOFSL Report

Let’s share and talk about different attention-grabbing knowledge factors and updates relating to LIC and its IPO.

What are your preliminary ideas on the preliminary valuation of 150 Billion US {dollars} for LIC ? Is it trying enticing in comparison with different Insurance coverage gamers? What are the Professionals and Cons of investing in LIC?

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