Age of Empires IPO Review

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IPO Reviews by Age of Empires

IPO	Review
Life Insurance Corporation of India (LIC) IPO	Avoid Whenever the government issues an IPO (think of GIC Re, New India Assurance, etc), it asks LIC to step in and mop up the shares and stabilise the price on listing days. LIC IPO is a large issue. It is likely to pull down market leading to the IPO. When it lists, LIC cannot obviously buy their own shares. A small trigger is enough to make this stock to crack. On the top of it valuations are high. My reco is just to avoid this IPO. April 28, 2022 10:29:04 PM

IPO

Review

Life Insurance Corporation of India (LIC) IPO

Avoid

Whenever the government issues an IPO (think of GIC Re, New India Assurance, etc), it asks LIC to step in and mop up the shares and stabilise the price on listing days. LIC IPO is a large issue. It is likely to pull down market leading to the IPO. When it lists, LIC cannot obviously buy their own shares. A small trigger is enough to make this stock to crack. On the top of it valuations are high. My reco is just to avoid this IPO.

April 28, 2022 10:29:04 PM

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