What makes LIC IPO a long-term investment bet?

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What makes LIC IPO a long-term investment bet? The much-awaited IPO of Life Insurance Corporation is set to open for subscription today, after it recorded bumper participation from anchor investors. Find out if you should subscribe to it.

The initial public offer of Life Insurance Corporation is set to open for subscription today. At Rs 21,000 crore, the offer will be India’s biggest issue till date. The next two biggest issues that hit the Street in the past were that of Paytm-owner One97 Communication, and state-run Coal India. Globally, this is the world’s fifth biggest IPO in...read more


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