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Why LIC IPO?

Prior to subscribing, everyone has the same question that why to invest in LIC IPO? Then its justification can be numbered as follows:

Largest insurer in India with robust business model.
Highest market share in terms of premium as in Dec 2019, its market share is 70.52%.
Strong network of branches and insurance agents all over the country.
291% fold rise in the LIC’s income during the period of 2009 to 2019.
180% jump in the net income from 2009 to 2019 shows its strong fundamentals.

Answered on 2020-08-10

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