_1651835052.jpeg)
Mr. Girirajan Murugan, CEO, FundsIndia
After garnering around ₹ 5,627 crore from anchor investors ahead of the IPO, India’s biggest public issue was subscribed 67 per cent on the first day of bidding. The subscription opened on a positive response, and we advise LIC policyholders and employees category applicants to apply for maximum possible. We also suggest investors, especially the first-time investors to apply with a long-term perspective and not short-term.
The valuation of the IPO is attractive to keep the issue stable. The EV (Embeded Value) seems to be in favour of LIC compared to the existing listing players on the insurance space. Life insurance has been one of the fastest growing segments in India’s insurance market and we advise people to invest in India's largest and World’s third strongest brand Life Insurance Corporation (LIC).
For those investors who are worried that LIC may lose market share to private players, we think LIC has distribution advantage, increasing sales mix of direct and corporate channels, and steady swing to high margin that could be growth drivers for LIC going ahead. We recommend subscribe to the investors.
Gurugram, India – October 11, 2023: Samsung announced exciting offers
Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G
Bengaluru, October 10, 2023 IN-SPACe (Indian National Space Promotion and
New Delhi, October 3, India- Philips India announces an exciting co
 (1)_1713611592.jpg)
Through this exciting initiative, the brand aims to emerge as the go-to purveyor of authentic Chinese in India
New D
Jaipur, 18 April: Students of Jaipur have recently shown their remarkable achievement in the UPSC Civil Services Examination-
· Technopark-based Lifology holds conversation on IER 2024
Thiru
Business / 20-04-2024
MasterChow taps renowned Chef Ranveer Brar as its Brand Ambassador to champion Asli ChineseSports / 20-04-2024
Aditya Mehta Foundation's para cyclists Jyoti Gaderiya & Arshad Shaik achieve top world rankings in the latest Track Para Rankings, bringing pride to India!Business / 18-04-2024
STUDENTS OF JAIPUR'S JAYSHREE PERIWAL HIGH SCHOOL BRING LAURELS TO SCHOOL IN UPSCBusiness / 18-04-2024
India Employment Report pitches for policy to promote jobsBusiness / 18-04-2024
The EMAK Festoon Silent Heroes Awards-24 Concludes at Le Méridien, KochiPelikken © Copyright 2022, All Rights Reserved
