LIC IPO: Analysts worried about timing, but expect issue to sail through

Most analysts see several headwinds for the markets that can keep them choppy over the next few months, which is not an ideal scenario for an issue the size of LIC to sail through easily

Despite all the buzz and the interest in the initial public offer (IPO) of Life Insurance Corporation (LIC) slated to open in March 2022, market experts think that the timing of the issue may not be right given the recent headwinds that have triggered a sharp correction across global financial markets, including India.

Dubbed as India's 'Saudi Aramco moment' given its sheer size, the government plans to mop up over Rs 65,000 crore by divesting 5 per cent share in the state-owned insurer. Back