LIC IPO - Many hits and a few misses. Should investors subscribe?

[IndiaInsurance]

https://www.moneycontrol.com/news_image_files/2022/200x200/L/LIC-IPO_200.jpg LIC#39;s IPO is priced at a significant discount to private peers. Why so?

More... (https://www.moneycontrol.com/news/life-insurance/lic-ipo-many-hitsa-few-misses-should-investors-subscribe_16328921.html)