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Life Insurance Corporation of India (LIC) has emerged as one of the biggest wealth destroyers among Asia s initial public offerings in 2022. LIC IPO, which was India s biggest ever IPO after Paytm (2021) and Coal India (2010), is now at the second spot in terms of loss in market cap since listing. I ....
LIC's Mega IPO: India's biggest-ever initial public offering (IPO), by Life Insurance Corp (LIC), is fully booked under all categories and the focus shifts to the listing on stock exchanges on May 17. ....
Foreign institutional investors have on the whole steered clear of Indias biggest share sale, deeming it too expensive given currency risks and the global market backdrop. ....