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The most awaited and the biggest IPO to date, that of the insurer Life Insurance Corporation of India (LIC) is set to hit the primary market on May 4 to raise Rs 21,000 crore from investors. Here’s what at least 10 analysts on Dalal Street have to say about the IPO.
LIC's largest holding in percentage terms is Reliance Industries (RIL) with a 5.98% stake at the end of October 2021. The second-largest holding is Infosys with 5.55% stake.
The LIC public issue is expected to be the largest ever by any Indian company and would dwarf the likes of Paytm and Coal India by a very wide margin.