LIC IPO expected to deliver mild listing gains
Life Insurance Corporation's (LIC) initial public offering (IPO) is still attracting retail investors. The issue is receiving positive feedback and is likely to result in mild listing gains. Life Insurance Corporation's (LIC) initial public offering (IPO) continues to attract retail investors, including workers and policyholders, who are among the top bidders for the issue thus far. LIC remains appealing despite dropping premiums in the grey market, an extreme selloff in global markets, rate rise concerns, and inflationary concerns. According to the majority of market analysts, LIC is a long-term play, and investors should bid for the issue based on their money and risk tolerance. However, one should not wager on issues just for the sake of listing profits. According to VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, listing gains in LIC are conceivable because valuation is favourable. Vijayakumar said the medium-term prospects are simil...