2 Big IPOs are expected to open soon.
1. Adani Wilmar – Last Week of January 2022
2. LIC of India – Mid March 2022
LIC expected to raise 85000 – 90000 crores and it will be Biggest ever IPO in the history of Indian Markets.
LIC will also offer Policyholder Quota in IPO.
Caution:
I have observed in the past that a big IPO generally leads to bring market down. Although that fall is always temporary.
🙂