LIC IPO: The proposed initial share sale of the Life Insurance Company of India will be the largest the country has seen so far. The IPO, through which the government will likely raise Rs 21,000 crore by offloading 3.5 percent of its 100 percent stake, will likely hit the Street early next month. Here's how the state-run life insurer fares among its peers.
|Company||Size (in crore rupees)|
|New India Assurance||9,600|
|Brand name, vast portfolio, market share, inorganic growth, high disposable income||Highly competitive industry, lack of investment in tech, loss-making investments in past|
|Product portfolio expansion, ability to spend heavily on ads||Pandemic, assumptions may not materialise, interest rate fluctuations may affect profitability|