LIC IPO

LIC IPO
LIC IPO

LIC IPO: LIC was Incorporated in 1956, Life Insurance Corporation of India i.e. LIC IPO will break into the market as per the market consideration. LIC is the biggest and Leading insurance provider company in India. LIC has high trust in the public for life insurance and investment both.

LIC IPO is going to be one of the greatest IPOs ever launched in India. The government to sell their 5% stake via mega IPO. You can also check GMP OF IPO for LIC IPO Grey Market Premium. LIC is controlling around 72% of the market and above 66.2% share in total premium collection.

They have around 2000+ branches in India with 8 zonal offices situated in Kolkata, Bhopal, Delhi, Kanpur, Mumbai, Hyderabad, Patna, and Chennai. They have over 2048 fully computerized branch offices, around 113 divisional offices, 2048 branches, 1408 satellite offices, and Central Office. It also has 73 customer zones and 25 metro-area service hubs located in different cities and towns of India.

Life Insurance Corporation of India (LIC) Services:

LIC provides both Insurance as well as investment services like

  • Life insurance
  • Health insurance
  • Investment management
  • Mutual fund

GMPOFIPO View

Grey Market Premium

We recommend investors check Retail and HNI numbers before investing in IPO. Investors may apply for this IPO with risk. You can also check IPO Allotment Status from this page.

IPO Review (Apply or Not)

  • Apply
  • Good to Apply for Long Term

Top Brokerage Firm Reviews About P.E. Analytics IPO

  • Chittorgarh IPO: – N/A
  • Hem Securities: – Apply
  • Angel Broking: – Apply
  • Capital Market: – May Apply
  • Ventura Securities: – Apply
  • ICICI Securities: – N/A
  • Choice Broking: – N/A
  • Marwadi Financial: – N/A

LIC Share Price Live Quote

DetailsBSE ListingNSE Listing
IPO Price₹949.00₹949.00
List Price867.20872.00
High Price₹0.00₹0.00
Low Price₹0.00₹0.00
Close Price₹0.00₹0.00
Volume00

Life Insurance Corporation of India (LIC)

LIC Company IPO: LIC launching its Initial Public Offering (IPO) opening on 04 May and closing on 09 May 2022. This IPO of Approx 316,249,885 Equity Shares of the company with a face value of Rs.10 each with a price band of  ₹902 to ₹949 Per Share to raise  Approx ₹21,008Crores from the primary offering.

LIC IPO Subscription Status (Live Update – Final Data)

CategoryDay 1Day 2Day 3Day 4Day 5Day 6
QIB0.330.400.560.670.672.83
NII0.270.470.761.081.242.91
RII0.600.931.231.461.591.99
EMP1.172.223.063.543.794.40
Policyholder1.993.114.014.675.046.12
Total0.671.031.381.661.792.95

LIC IPO GMP Live Rates day by day with Kotak rates.

DateGMPKostakSubject to
12 May+-₹10₹-₹-
11 May+-₹10₹-₹-
10 May₹30₹-₹-
09 May₹40₹800₹2000
07 May₹60₹900₹2000
06 May₹50₹1000₹1500
05 May₹65₹1000₹1500
04 May₹65₹1500₹2000
03 May₹85₹1500₹2000
02 May₹85₹1500₹2000
30 April₹90₹1500₹2000
29 April₹75₹1000₹1500
28 April₹45₹800₹1100
27 April₹25₹500₹1000
26 April₹25₹400₹-
25 April₹15₹-₹-
23 April₹15₹-₹-
21 April₹-₹-₹-
20 April₹-₹-₹-
19 April₹-₹-₹-
18 April₹-₹-₹-
15 April₹-₹-₹-
14 April₹-₹-₹-
13 April₹-₹-₹-
12 April₹-₹-₹-
29 March(-₹35)₹-₹-
28 March(-₹35)₹-₹-
25 March(-₹55)₹-₹-
24 March(-₹55)₹-₹-
23 March(-₹55)₹-₹-
22 March(-₹55)₹-₹-
21 March(-₹55)₹-₹-

LIC IPO Details

You can find all the details as well as the price band of this IPO on this page. This IPO will open on 04 May 2022 and close on 09 May 2022.

IPO Open: 04 May 2022
 IPO Close: 09 May 2022
 IPO Size: Approx ₹21,008 Crores
 Fresh Issue: Approx – Crores
 Offer for Sale: Approx 316,249,885 Equity Shares
 Face Value: ₹10 Per Equity Share
 Price Band: ₹902 to ₹949 Per Share
 Listing on: BSE & NSE
 Retail Quota: 35%
 QIB Quota: 50%
 NII Quota: 15%
 Discount: ₹60 per share for Policy Holders & ₹40 per sharenfor Retail & Employees
 DRHP Draft Prospectus: Click Here
 RHP Draft Prospectus: Click Here

This IPO’s total size will be Approx ₹21,008 Crores and the face value for this will be ₹10 Per Equity Share. You can also get the DRHP & RHP Draft documents from the above table.

LIC IPO Allotment, Listing & Important Dates

In this table, you will get a clear idea of When LIC IPO will open & close? allotment date and all important dates related to this IPO.

Price Band Announcement:26 April 2022
Anchor Investors Allotment:02 May 2022
 IPO Open Date:04 May 2022
 IPO Close Date:09 May 2022
 Basis of Allotment:12 May 2022
 Refunds:13 May 2022
 Credit to Demat Account:16 May 2022
 IPO Listing Date:17 May 2022

LIC IPO Lot Size / Market Lot

Minimum Lot Size:Minimum 15 Shares for 1 lot
 Minimum Amount:₹14,235 for 1 lot
Maximum Lot Size:Maximum 210 Shares for 14 lot
Maximum Amount:₹199,290 for 14 lot

LIC Company Details & Financials

Here you will find detailed company analytics as well as financial reports. How well the company has performed in the last few years.

LIC Company Address

Life Insurance Corporation of India
Central office: Yogakshema, Jeevan Bima Marg,
Nariman Point, Mumbai 400 021,
Maharashtra, India
Contact Person: Pawan Agrawal
Company Secretary and Compliance Officer
Tel: +91 22 6659 8732
E-mail: [email protected]
Website: www.licindia.in
IRDAI Registration number: 512

LIC Company Financial Reports ( ₹ in Crores )

YearRevenueExpensePAT
2019₹2645₹2.63₹2627
2020₹2731₹1.24₹2710
2021₹2986₹5.22₹2974
2022 6M₹1520₹0.25₹1504

LIC IPO Valuation – FY2021

Earning Per Share (EPS): ₹4.70 per Equity Share
 Price/Earning P/E Ratio: N/A
 Return on Net Worth (RoNW): 45.65%
 Net Asset Value (NAV): 10.30 per Equity Share

LIC IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding96.50%

LIC Company Promoter

  • The President of India, Acting Through The Ministry Of Finance, Government of India

LIC IPO Registrar

KFin Technologies Private Limited
Selenium, Tower B, Plot No- 31 and 32
Gachibowli, Financial District
Nanakramguda, Serilingampally
Hyderabad 500 032, Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.kfintech.com
Contact Person: M Murli Krishna
SEBI Registration Number: INR000000221

LIC IPO Allotment Status

You can check the LIC IPO Allotment Status Very Easily. Click Here and you can check the status from the N/A website.

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