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LIC Wants to Have India’s Biggest IPO

33 min

LIC is the Indian government’s crown jewel as far as public sector undertakings go. The 65-year-old insurance behemoth has grown as part of India’s history and has found a home in all economic households across the country. Its IPO, set to launch soon, wi

LIC is the Indian government’s crown jewel as far as public sector undertakings go. The 65-year-old insurance behemoth has grown as part of India’s history and has found a home in all economic households across the country. Its IPO, set to launch soon, will be yet another milestone. But as a state-owned entity, going public will not be easy—it will bring fundamental changes to the forefront.   Story originally reported by Seetharaman G and Anand Kalyanaraman: https://the-ken.com/story/why-india-shouldnt-repeat-irctcs-valuation-misstep-with-lics-ipo/   With guest Professor Srinivasan R, Professor of Strategy at IIM-Bangalore.   Follow us on Twitter: https://twitter.com/TheKenWeb Psst are you going to buy the LIC IPO? Tell us on [email protected]