LIC IPO - Noteworthy Highlights
LIC is that the solely government-owned insurer within the country. The entity was fashioned by merging around 245 insurance corporations. alternative highlights embrace –
- Per the 2019-2020 annual report, LIC occupies sixty nine of the market share within the life assurance phase.
- Besides life assurance, the corporate conjointly extends mutual funds, pension funds, housing finance, and card services.
-Besides digital payment, the corporate is adept at cross-selling tiny sachets of insurance policies and loans.
- As of thirty one March 2021, there have been around thirteen.53 lakhs individual LIC agents.
- it's quite one.14 hundred thousand staff.
LIC IPO
Open Date To be announced
Close Date To be announced
Price Band To be announced
Lot Size To be announced
Investment Per Lot To be announced
Listing at To be announced
LIC IPO - Competitive Analysis
LIC of Asian nation is that the largest life assurance policy supplier within the country with a colossal capitalisation.
However, these entities area unit among LIC's most noteworthy competitors. The table below offers associate degree insight into its competition and market standing within the last year.
LIC IPO Dates
Open Date To be announced
Close Date To be announced
Allotment Date To be announced
Initiation of Refunds To be announced
Credit of Shares to Demat Account To be announced
Listing Date. To be announced
LIC IPO Subscription Breakup
QIBs To be announced
Non-Institutional Investors To be announced
Retail Individual Investors To be announced
Strengths
Brand recognition: the corporate encompasses a world footprint in additional than twenty four countries with a partnered network of over one.5 million restaurants.
Business model: Zomato follows a B2C business model that connects customers to a good network of restaurants. the corporate has associate degree asset-less business model, giving it high money leverage.
Marketing: Zomato follows a robustly artistic promoting strategy each on-line and offline. consequently, it's a good client engagement and has over eleven.2 million active users monthly.
User-friendly: The Zomato app associate degreed internet portal go with an easy-to-navigate UI.
What is LIC IPO?
The government is diluting its stake in LIC through this future IPO. it's asking for the general public to participate in its possession. Post listing, the corporate can come back underneath the rules of SEBI.
When can LIC IPO open for subscription?
There is no data out there as of the time of writing.
What is the minimum heap size that retail investors will subscribe?
The company has not disclosed any data during this regard
When is that the LIC IPO listing date?
The LIC IPO timeline is nonetheless to be declared.
How can I receive shares?
The LIC shares are attributable to the Demat account post allotment.
Who area unit the businessperson bankers for LIC IPO?
The Central Government is nonetheless to appoint businessperson bankers for this future IPO.
What is the minimum order amount for LIC IPO?
The company has not discharged any information nonetheless.
Who is that the registrar for LIC IPO?
We will share all the relevant details once the corporate offers additional data.
Which classes of investors area unit allowed to participate during this IPO?
Retail individual, NIB, and QIB area unit the expected classes which will participate during this IPO.
0 Comments: