Nation's largest IPO coming in March!!!


The country's largest insurance company life insurance corporation of india ie LIC's IPO is coming. This will be the biggest IPO in the country to date, it is feared that its IPO may come in March. The government is planning to raise 40 to 50 thousand crore rupees by selling a 5% stake in it. DRHP has been filed for the IPO by lic, after which the countdown for the IPO has started. The issue of LIC's IPO can range from 60 thousand to 90 thousand crore rupees. It is expected that its IPO can be included in Nifty 50.


According to UBS Global Research on Moneycontrol, "LIC will be the third-largest listed company in india in terms of market cap. It will be the 32nd largest company in terms of free float. Due to this, it is expected to find a place in the Nifty 50 index. The market is under pressure from estimates.


What is DRHP?

DRHP is called Draft red Herring Prospectus. It is a type of offer document. It is prepared by merchant bankers in collaboration with the company offering the IPO. This document contains complete information about the company and its business.

Why LIC's IPO can bring profits?

The best thing about lic is that its branding is very strong. It comes in the top 10 companies of the world. lic has made its inroads in every household of India. It is the only life insurance company in the country before the year 2000. Many people in india have invested in lic, due to which it does not need branding.


మరింత సమాచారం తెలుసుకోండి: