The LIC IPO Subscription Status has started 04 May 2022 and it is also being subscribed by QIB and NII & RII. let you know that the LIC IPO has opened on 04 May 2022 and closes on 09 May 2022. Which will be subscribed by 09 May 2022. LIC IPO is preparing to raise ₹20,557.00 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹- Crores and Offer Sale of ₹20,557.00 Crores. and LIC IPO Price Band is Fixed ₹902 to ₹949 per share. Check LIC IPO GMP Here.
LIC is India’s only government-owned insurance provider company. They are providing life insurance in India for more than 65 years and is the largest life insurer company in India. LIC was formed by merging and nationalizing 245 private life insurance companies in India on September 1, 1956, with an initial capital of ₹50.00 million. From our Corporation’s incorporation until 2000, we were the only life insurer in India.
The Currently LIC functions with 2048 fully computerized branch offices, 8 zonal offices, around 113 divisional offices, 2,048 branches and 1408 satellite offices and the Central Office. it also has 73 customer zones and 25 metro-area service hubs located in different cities and towns of India. It also has a network of 1,537,064 individual agents, 342 Corporate Agents, 109 Referral Agents, 114 Brokers and 42 Banks for soliciting life insurance business from the public.
LIC IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the LIC IPO Subscription Status, you can see the below-day Subscription.
LIC IPO Review :
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LIC IPO Subscription Status {Live Update} :
The total LIC IPO Subscription Status subscribed 2.95x times so far, with QIB subscribed 2.83x and NII subscribed 2.91x times & RII 1.99x times and EMP 4.40x times and policy holder 6.12x times on Day 6. {Update time : 09 May 2022 07:00 Pm} (Closed)
| Category | Day 1 | Day 2 | Day 3 | Day 4 | Day 5 | Day 6 |
|---|---|---|---|---|---|---|
| QIB : | 0.33x | 0.40x | 0.56x | 0.67x | 0.67x | 2.83x |
| NII : | 0.27x | 0.47x | 0.76x | 1.08x | 1.24x | 2.91x |
| RII : | 0.60x | 0.93x | 1.23x | 1.46x | 1.59x | 1.99x |
| EMP : | 1.17x | 2.21x | 3.06x | 3.54x | 3.79x | 4.40x |
| Policy H : | 1.99x | 3.11x | 4.01x | 4.67x | 5.04x | 6.12x |
| Total : | 0.67x | 1.03x | 1.38x | 1.66x | 1.79x | 2.95x |
LIC IPO Date & Price Band & Details :
| IPO Open : | 04 May 2022 |
| IPO Close : | 09 May 2022 |
| IPO Size : | ₹20,557.00. Approx Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹902–₹949 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹20,557.00. Approx Cr |
| Fresh Issue : | ₹- Cr |
| Offer For Sale : | ₹20,557.00. Cr |
| Discount : | RII – ₹45, EMP – ₹60 |
LIC IPO Market Lot :
LIC IPO Minimum Market lot is 1 Lot with 15 shares with ₹14,235 Application amount. The retail investors can apply up to 14 lots with 210 Shares or ₹199,290 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 15 Shares |
| Minimum Amount : | ₹14,235 |
| Maximum Lot Size : | 14 Lot |
| Maximum shares : | 210 Shares |
| Maximum Amount : | ₹199,290 |
LIC IPO Dates :
LIC IPO Date is 04 May 2022 and closes on 09 May 2022. The allotment will be finalized on 12 May 2022 and the IPO may list on 17 May 2022.
| Open Date : | 04 May 2022 |
| Close Date : | 09 May 2022 |
| Allotment Date : | 12 May 2022 |
| Refund Date : | 13 May 2022 |
| Share Credit Date : | 16 May 2022 |
| Listing Date : | 17 May 2022 |
LIC IPO Form :
There are two ways to apply in LIC IPO. You can apply for LIC IPO through ASBA available in your bank account. You have to go to your online bank login and select LIC IPO in the Invest section and apply through your bank account. Another option is you can apply for LIC IPO through IPO form download through NSE and BSE. See the LIC IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
LIC Company Financial Report ( in millions) :
| Year | Revenue | Expense | PAT |
| 2022-6M | ₹15,197.24 | ₹2.48 | ₹15,040.13 |
| 2021 | ₹29,855.71 | ₹52.24 | ₹29,741.39 |
| 2020 | ₹27,309.56 | ₹124.40 | ₹27,104.78 |
| 2019 | ₹26,449.96 | ₹26.31 | ₹26,273.78 |
LIC IPO Subscription Status FAQs :
How much was the total LIC IPO Subscription Status?
The total LIC IPO Subscription Status 2.95x times Day 6.
What is the LIC IPO retail subscription Status?
LIC IPO Retail Subscription 1.91x times Day 6.
How much is the LIC IPO QIB subscription Status?
The LIC IPO QIB subscription 2.83x times Day 6.
How much did LIC IPO NII subscribe?
LIC IPO NII Subscription 2.91x times Day 6.
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. The IPO to list on BSE and NSE.
How to Apply the LIC IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and CLICk on IPO. You will see the IPO Name “LIC IPO”. CLICk on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO AppLICation Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the LIC IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and CLICk on IPO. You will see the IPO Name “LIC IPO”. CLICk on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO AppLICation Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the LIC IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and CLICk on IPO. You will see the IPO Name “LIC IPO”. CLICk on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO AppLICation Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the LIC IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and CLICk on IPO. You will see the IPO Name “LIC IPO”. CLICk on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO AppLICation Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| LIC IPO GMP: CLICk Here LIC IPO Details: CLICk Here LIC IPO Allotment: CLICk Here LIC IPO Listing: CLICk Here |
All LIC IPO-related links are available here. If you want to know the details then cLICk on CLICk Here Link.
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