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How good is LIC IPO?

LIC is India’s biggest public insurance company with a 64.1% market share in terms of premium. LIC IPO is going to be India’s biggest IPO on boards with an embedded value of Rs. 5.4 trillion. Currently, LIC is fully owned by the Government of India (GOI) and is looking to disinvest around 5% stake through an offer for sale. Check out the key facts about LIC to decide how good is LIC IPO? Or is it worth buying LIC IPO?

  • Largest insurance company in India with a 1% market share in terms of GWP and 66.2% market share in terms of New Business Premium.
  • Different insurance products such as life insurance, unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products.
  • Largest AUM (Asset Under Management) of Rs. 39,558,929.24 million as of 30 Sep 2021.
  • Largest omnichannel distribution network; 2048 branches and 1554 satellite offices in 91% of districts in India.
  • Subsidiaries in Bahrain, Bangladesh, Nepal, Singapore, and Sri Lanka and foreign offices in Fiji and Mauritius.
  • Largest agent base of 1.35 million life insurance agents as of March 31, 2021.
  • Brand Finance reported LIC as the 3rd strongest and 10th most valuable global insurance brand.
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  26. What is the basis of allotment in the Retail Individual Investor (RII) category?
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