LIC IPO Grey Market Premium & GMP
Published 21 Feb 2022 · Main-IPO
Here you can find LIC IPO GMP & Grey market premium, Kostak Rates, Subject to Sauda .
LIC IPO is hit the market in the 4th May and close on 9th May,2022. LIC board has also approved reducing the issue size. LIC IPO, the government has now decided to dilute its 3.5 per cent stake for Rs 21,000 crore, compared with the 5 per cent proposed in the draft papers. The government is likely to price LIC IPO at Rs 948 per share. The initial public offering is expected To value LIC at around 1.1X price/ embedded value.
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 GMP Rates day by day.
| Date | GMP |
| 14 May | -10 Rs |
| 13 May | -10 Rs |
| 6 May | 65 Rs |
| 5 May | 65 Rs |
| 4 May | 65 Rs |
| 3 May | 85 Rs |
| 2 May | 85 Rs |
| 30 April | 90 Rs |
| 29 April | 75 Rs |
| 28 April | 45 Rs |
| 27 April | 25 Rs |
| 26 April | 25 Rs |
| 23 April | 15 Rs |
| 11 March | -32 Rs |
| 10 March | -32 Rs |
| 09 March | -32 Rs |
| 08 March | -32 Rs |
| 07 March | -32 Rs |
| 04 March | -32 Rs |
| 03 March | -32 Rs |
| 02 March | -32 Rs |
| 01 March | -32 Rs |
| 28 Feb | -32 Rs |
| 25 Feb | -32 Rs |
| 24 Feb | -32 Rs |
| 23 Feb | -32 Rs |
| 22 Feb | -32 Rs |
LIC IPO GMP FAQ Question
- What is LIC IPO GMP Today?
The LIC IPO GMP Grey market premium is -10 Rs.
- What is LIC IPO Subject to Sauda Price Today?
The LIC IPO kostak rate is 0 Rs.
- What is LIC IPO Subject to Sauda Price Today?
The LIC IPO subject to sauda rates is 0 Rs.
- LIC IPO Expected Returns?
The LIC IPO expected return is 0%.
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