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Ever since the government has announced discounts for policyholders, there has been a flood of demat account openers.
In the month of January itself, 34 lakh new demat accounts have been opened and in February this number is expected to increase further.
he government is looking forward to launch LIC’s IPO in the market by the end of March, but investors are even more eager than that. Ever since the government has announced discounts for policyholders, there has been a flood of demat account openers.
Brokers say that no investor wants to let this opportunity pass by. As much as the government is preparing to launch LIC’s IPO, investors are also completing their preparations as fast as possible.
This is the reason that 34 lakh new demat accounts have been opened in the month of January itself and this number is expected to increase further in FebruaryQuota will be reserved for policyholders The
government has also reserved quota for IPO for LIC policyholders. Policyholders will get 10 percent of the total shares issued in the IPO separately. Apart from this, a discount will also be given on the value of the shares in the IPO.
This is the reason why policyholders are increasingly opening demat accounts so that they can take advantage of this opportunity.
various schemes to attract policyholders and retail investors. Brokers, both digital and traditional, are offering various discounts to policyholders including gift vouchers for opening demat accounts. Analysts are estimating that the government is preparing to raise around Rs 1 lakh crore through LIC’s IPO.
The agent of the company is also waiting for the opportunity,
the agent of LIC says that they have more emotional attachment with the company than investment and they do not want to let this opportunity go by any means.
This will be a big opportunity for us that we will also become the owner of LIC shares. Significantly, there are about 13 lakh agents associated with LIC across the country.
