This has been a record year in terms of IPOs. The LIC issue has been in the pipeline for a while. Can you create a record with the biggest ever Indian issue this year?
A lot of work has been done since the government announced the IPO. For an insurance company, calculation of embedded value (EV) is very important and that is something that was never done and that was the biggest challenge. To get the EV done, we required software that was not available in India and had to be ..
