Below is Quote on LIC IPO By Puneet Maheshwari, Director, Upstox
“A record number of IPOs hit the Indian stock market last year, and LIC's impressive debut is anticipated to add to the record-breaking excitement of the IPO trend in India. This initial public offering will boost not only the Indian financial industry but also the country's economic growth.
The LIC has the largest market share in the insurance sector. Its IPO is expected to increase equity participation rates by creating long-term value in the equity markets, resulting in the opening of more demat accounts.
At Upstox, we hope that the LIC IPO will attract a large number of investors. Hence, we're constantly improving our infrastructure in order to meet the rising demand for the LIC IPO. In addition, we are developing a comprehensive, all-encompassing strategy in order to make it innovative and engaging for our customers.”
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