My URL ProMy URL Pro

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Hans Albert Einstein Net Worth: Unveiling The Wealth Of A Brilliant Legacy,  Age, Height, Career, And Other Info

    September 27, 2023

    Nipsey Russell Net Worth: Unraveling The Legacy Of A Legendary Entertainer, Age, Height, Career, And Other Info

    September 27, 2023

    Rhinoplasty vs Bulbous tip Rhinoplasty

    September 25, 2023
    Facebook Twitter Instagram
    • Technology
    • Home Improvement
    • Business
    • Gaming
    • Lifestyle
    • Home Improvement
    Facebook Twitter Instagram
    My URL ProMy URL Pro
    • Home
    • Business

      From Dust to Delight: Transforming Rugs with Expert Cleaning

      September 22, 2023

      Why Good Architectural Design Matters for Businesses

      September 22, 2023

      The Future of Industrial Trucks: Trends and Innovations to Watch

      September 21, 2023

      10 Ways to Optimize Material Handling Equipment for Warehouse Operations

      September 20, 2023

      Why Are Industrial Plastic Bins Becoming More Popular?

      September 20, 2023
    • Technology
    • Home Improvement
    • Lifestyle
      • Health
      • Fashion
      • Travel
      • Food
      • Pets
    • More
      • Sports
      • World
      • Gaming
      • Real Estate
      • Digital Marketing
      • Finance
      • Automobile
      • Law
      • Education
    My URL ProMy URL Pro
    Home » Finance » What are the Advantages and Disadvantages to Apply for a LIC IPO? 
    Finance

    What are the Advantages and Disadvantages to Apply for a LIC IPO? 

    davidharnoldBy davidharnoldJanuary 23, 2022Updated:February 14, 2023No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    What are the Advantages and Disadvantages to Apply for a LIC IPO? 
    Share
    Facebook Twitter LinkedIn WhatsApp Pinterest Email

    Last Updated on February 14, 2023 by admin

    As we all know, LIC IPO is the most anticipated IPO in our country. It will soon reach the markets for investors to invest. While it reaches the market, you need to know some basic knowledge about it and procedures to get the policy. LIC has created reservations for this policy like Policyholders, Employees, Qualified institutional buyers, Non-Institutional buyers, and Retail buyers.

    Various reservations come as mentioned before to apply for LIC IPO Like for policyholders, the investors who will apply should have a LIC policy so that you can get in that 10% reservation. Now, to avail of this, you need to fulfill the necessary conditions to get your chances to get the IPO. First is the LIC policy that you should have, second is the PAN card linked with the policy and the final thing is the Demat account. All this will help you apply for the LIC IPO and increase your chances of getting it.   

    Table of Contents

    • Challenges Faced 
    • Advantages of Applying for a LIC IPO  
    • How it is Advantageous to the Company 
    • Disadvantages of Applying for a LIC IPO 

    Challenges Faced 

    • The IPO’s cost is not cheap for the company; they need to hire lawyers, investment bankers, and accountants are required. They often also need consultants from outside that can help the company with the process.
    • Going public for a company like LIC also means that the company information and data will be publicly available. There will be periodic audits and public reporting, which the company will have to do and adjust with this change.
    • During this period, the company has to spend a lot of its time and energy on the IPO process, which will change the company’s focus from what they were doing before to what they are doing now. 

    Advantages of Applying for a LIC IPO  

    • The most important is the brand itself. The name LIC is a very wide known policy insurer, that is why it is known as the country’s largest insurer. With a market share of 64.1% based on premium.
    • Insurers’ operations and governance will become more open with the LIC IPO.
    • The LIC IPO will attract a large number of individual investors and overseas investors.
    • Since the government has agreed to sell only 10% of the stakes, the Indian government will retain complete control over the operations.
    • In this offer by LIC, there will be no more than a 5% reservation offered to eligible employees.
    • If you apply for a LIC IPO, there will be a 10%reservation offered to policyholders, and there might be a discount on the premium.
    • IIFL Securities will also be there helping their customers with the LIC IPO. You can apply through IIFL to get the best LIC IPO when the IPO launches.
    • The company will need to show its financial reports in detail, and the company will have to be more transparent as it is going to provide IPO to its investors.

    How it is Advantageous to the Company 

    • From this IPO, the government wants the company to earn money to recover from the losses during the pandemic.  
    • With this IPO, the company aims to collect Rs 50,000cr to Rs 1,00,000cr, depending on the offer price.
    • With this money that the company collects from the LIC IPO, it can help develop the capital market and improve the country’s economic growth.
    • The new investors can also share their insights and expertise with the company, which will indirectly help the company to grow more.
    • As India’s largest insurance provider LIC will get its needs fulfilled by this IPO; if the company wants, they can take over other insurance companies to earn more profits.

    Disadvantages of Applying for a LIC IPO 

    • The size of this IPO is very large and which can cause a lot of problems in the listing gains.
    • Private firms are also catching up with LIC with a determination to capture the market share, which can happen sooner or later.
    • You may or may not get the IPO even though you may fulfill the criteria that the company has put forth. As the demand is high for this IPO, there are few shares the company is giving to the public. It will create problems, and many investors could not get the IPO due to high demand in the market. 

    Read More: Quick Loans Provider: Personal Loan Service in Auckland

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    davidharnold

    Related Posts

    Demystifying FICO Scores: What You Should Know

    September 8, 2023

    How to check the reputation of a credit institution so as not to fall for scammers

    June 15, 2023

    Maximize Your Travel Budget with These Money-Saving Tips

    May 20, 2023

    How can a lawyer help you get rid of assault charges?

    April 17, 2023

    From Corporate to Coach: How to Achieve Financial Freedom and Fulfillment as an Online Coach

    March 30, 2023

    Important Key Factors You Must Consider While Opting for A Home Loan

    March 29, 2023
    Add A Comment

    Comments are closed.

    Recent Posts
    • Hans Albert Einstein Net Worth: Unveiling The Wealth Of A Brilliant Legacy,  Age, Height, Career, And Other Info
    • Nipsey Russell Net Worth: Unraveling The Legacy Of A Legendary Entertainer, Age, Height, Career, And Other Info
    • Rhinoplasty vs Bulbous tip Rhinoplasty
    Don't Miss

    Hans Albert Einstein Net Worth: Unveiling The Wealth Of A Brilliant Legacy,  Age, Height, Career, And Other Info

    By Abdul WaheedSeptember 27, 2023

    Introduction In the world of extraordinary legacies, Hans Albert Einstein net worth, the eldest son…

    Nipsey Russell Net Worth: Unraveling The Legacy Of A Legendary Entertainer, Age, Height, Career, And Other Info

    September 27, 2023

    Rhinoplasty vs Bulbous tip Rhinoplasty

    September 25, 2023

    An Overview Of Marshall Goldsmith Net Worth, Career, Personal Life, Height, Age, Awards, and Other Info

    September 24, 2023
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Our Picks

    Hans Albert Einstein Net Worth: Unveiling The Wealth Of A Brilliant Legacy,  Age, Height, Career, And Other Info

    September 27, 2023

    Nipsey Russell Net Worth: Unraveling The Legacy Of A Legendary Entertainer, Age, Height, Career, And Other Info

    September 27, 2023

    Rhinoplasty vs Bulbous tip Rhinoplasty

    September 25, 2023

    An Overview Of Marshall Goldsmith Net Worth, Career, Personal Life, Height, Age, Awards, and Other Info

    September 24, 2023

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Top Picks
    • Technology
    • Home Improvement
    • Business
    • Gaming
    • Lifestyle
    • Home Improvement

    Hans Albert Einstein Net Worth: Unveiling The Wealth Of A Brilliant Legacy,  Age, Height, Career, And Other Info

    September 27, 2023

    Nipsey Russell Net Worth: Unraveling The Legacy Of A Legendary Entertainer, Age, Height, Career, And Other Info

    September 27, 2023
    About Us

    Hi, Welcome to My URL Pro. My URL Pro is a news and updates website which uploads only official and authentic content. My URL Pro was founded in 2019 by Abdul Waheed.
    Contact us: admin@myurlpro.com

    Facebook Twitter Instagram Pinterest
    • Home
    • About
    • Contact Us
    • Privacy Policy
    © 2023 All rights reserved by My URL Pro.

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT