LIC IPO Date, Review,GMP, Price, Form & Market Lot Details
Published 15 Feb 2022 · Main-IPO
LIC is established in 1956.
LIC IPO Details: LIC is the only government-owned insurance corporation in India. It is the largest insurance firm in India, with a market share of around 64.1 percent in terms of premiums and 66.2 percent in terms of new business premiums. Unit linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products are among the company's participating and non-participating insurance products.
It has a total AUM of Rs. 39,558,929.24 million as of 30 September 2021. In Delhi, Mumbai, Kolkata, Chennai, Kanpur, Patna, Bhopal, and Hyderabad, the company operates eight Zonal offices. The firm has 2048 branches, 113 divisional offices, and 1,554 satellite offices as of September 30, 2021. Fiji, Mauritius, Bangladesh, Nepal, Singapore, Sri Lanka, the United Arab Emirates, Bahrain, Qatar, Kuwait, and the United Kingdom are among the countries where it operates. It has the largest agent network of 1.35 million life insurance agents as of March 31, 2021.
LIC IPO Promotors
The President of India, acting through the Ministry of Finance, Government of India is the company promoter.
Read : Upcoming IPO
LIC IPO Date, Details & Price Band
| IPO Opening Dates | 4-May-2022 |
| IPO Closing Dates | 9-May-2022 |
| Price Band | 902-949 Rs |
| Offer For Sale | 21,008.48 Crore |
| Fresh issue | NIL |
| Total size | 21,008.48 Crore |
| Minimum bid (lot size) | 15 Shares |
| Face Value | 10 Rs share |
| Retail Allocation | 35% |
| QIB Allocation | 50% |
| NII Allocation | 15% |
| Policy Holder Discount | 60 Rs |
| Employee Discount | 45 Rs |
| Retail Discount | 45 Rs |
| Listing On | NSE, BSE |
LIC IPO Market Lot
The LIC IPO minimum market lot is 15 shares With 14,235 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 15 | 14,235 Rs |
| Maximum | 14 | 210 | 1,99,290 Rs |
Financial Record of the last year (In Millions)
Financial Period : 31-Dec-21 (Restated Consolidated) Total Assets : 40,907,867.78 Profit After Tax : 17,153.12 Earnings Per Share (EPS) FY2021 : - INR
LIC IPO GMP & Grey Market Premium
LIC IPO GMP Grey market premium has been started today. Check Latest LIC IPO GMP, Kostak Rates and Subject to Sauda Price here.
LIC IPO Prospectus
LIC IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
LIC IPO Allotment Date & Details
| Allotment Date | 12-May-2022 |
| Initiation of refunds | 13-May-2022 |
| Transfer of shares to Demat accounts | 16-May-2022 |
| Listing Date | 17-May-2022 |
| Check Allotment Status | Click here |
Registrar of LIC IPO
Kfin Technologies Private Limited
Selenium Tower B, Plot 31 & 32
Gachibowli Financial District
Nanakramguda, Serilingampally
Hyderabad 500 032, Telangana
Phone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com.com
LIC Contact Details
Life Insurance Corporation of India
Yogakshema, Jeevan Bima Marg,
Nariman Point,
Mumbai 400 021,
Phone: +91 22 6659 8732
Email: [email protected]
Website: www.licindia.in
LIC IPO Lead Managers
Axis Capital Limited
BofA Securities India Limited
Citigroup Global Markets India Private Limited
Goldman Sachs (India) Securities Private Limited
ICICI Securities Limited
J.P. Morgan India Private Limited
JM Financial Consultants Private Limited
Kotak Mahindra Capital Company Limited
Nomura Financial Advisory And Securities (India) Pvt Ltd
SBI Capital Markets Limited
LIC IPO FAQ
What is LIC IPO?
LIC IPO is a Mainline IPO. They are going to raise 21,008.48 Crores via IPO. The issue is priced at 902-949 per equity share. The IPO is to be listed on NSE,BSE.
What is price band of LIC IPO?
LIC IPO price band is 902-949 Rs Per share.
What is LIC IPO Size?
LIC IPO size is 21,008.48 crore.
When is LIC IPO will open?
LIC IPO will open on4-May and end on 9-May 2022.
What is LIC IPO GMP Grey market premium?
LIC IPO GMP Grey market premium has been started yet.
What is LIC IPO allotment date?
LIC IPO allotment date is 12-May-2022.
What is LIC IPO listing date?
LIC IPO listing date is 17-May-2022.
Original address: https://ipowala.in/lic-ipo-date-review-price-form-market-lot-details/ · WordPress record 7472
Leave a reply
Your email address will not be published. Required fields are marked *
Comments are readers’ own views. They are checked before they appear, and they are not investment advice or a source of IPO data. For figures and dates, use the issue page and its sources.