The LIC IPO fever is gripping the country. There are many investors who want to participate. But will LIC create long term wealth for its shareholders?
The most awaited and the biggest IPO to date, that of the insurer Life Insurance Corporation of India (LIC) is set to hit the primary market on May 4 to raise Rs 21,000 crore from investors. Here’s what at least 10 analysts on Dalal Street have to say about the IPO.