Is LIC IPO Good or Bad?

India’s largest public insurer’s IPO is expected to be on the ground soon that everyone is waiting for. LIC IPO may be a good move due to a number of reasons.

• Largest market share in the Indian insurance market.
• Strong brand reputation.
• Widespread distribution network of corporate offices, branches, and agents.
• The strong asset base of the organization.
• Healthy fundamentals as in 2018-19, the first time, LIC has marked a surplus above Rs. 500 billion to Rs. 532.14 billion at 9.9% growth.

The LIC IPO listing is expected to not just gain domestic investors' interest but also attract foreign investors and drive foreign capital inflow to the country.