Most large global investors may give LIC's initial public offering a miss

But would consider investment after assessing post-listing performance

Most large global investors that the Centre was wooing for Life Insurance Corporation of India’s (LIC’s) initial public offering (IPO) such as those who haven't ever anchored any Indian IPO may give the issue a miss. But in their interactions with the Centre, they have committed to consider investing in the insurer’s future offerings, based on its performance as a listed entity.

During roadshows for the LIC IPO, the Centre had reached out to 180-200 large investors that included sovereign wealth funds, investors who focus on only large IPOs globally, and those who make investment decisions based on environmental, social, and