LIC IPO Explained: Downsized offer, reworked valuation but is India's largest insurer a good investment bet. Does LIC the insurer give enough assurance to investors to want a slice of the Rs 21000 cr pie up for grabs till May 9? How does a retail investor really evaluate this mega IPO and balance the risks and rewards.
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We posed this question to Nasser Salim, Managing Partner at Flexi Capital who details for us how a potential investor should view the LIC IPO and the investment's path to profitability.