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.
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Psst are you going to buy the LIC IPO? Tell us on firstname.lastname@example.org