LIC IPO itemizing date is fastened, The IPO is to checklist on May 17, Tuesday at 10:00 AM. Life Insurance Corporation is controlling round 72% of the market and round 66% share of the whole premium assortment. The valuation of the corporate stayed round ₹9 Lakh to ₹10 Lakh crore. The firm was based approach again in 1956. It’s a merger of 245 insurance coverage corporations. The IPO was subscribed 2.95x instances includes of Qualified Institutional Buyer (QIB) 2.83x, Non-institutional Bidders (NII) 2.91x, and Retail (RII) 1.99x. The inventory will checklist in B Group. As per the market speculations the inventory may checklist in between the ₹920 to ₹960 vary. Check out the LIC IPO itemizing particulars as given beneath:
Latest Update: LIC IPO is just not listed but! Check the LIC share value as on the itemizing day. Happy Investing!
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BSE Notice of Listing: Notice
LIC IPO Listing Details
Find the LIC IPO itemizing particulars like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given beneath will show you how to on the LIC share itemizing day.
| BSE Code | 543526 |
| NSE Code | LICI |
| Group | B Group |
| ISIN No | INE0J1Y01017 |
| Offer Price | ₹949 |
| Face Value | ₹10 |
| Listing Date | May 17, 2022, Tuesday |
LIC IPO Subscription Status (Live Update – Day 5)
Last Updated – 7:00 PM
| Category | Day 3 | Day 4 | Day 5 |
| QIB | 0.55 | 0.67 | 2.83 |
| NII | 0.68 | 1.05 | 2.91 |
| RII | 0.19 | 1.39 | 1.99 |
| EMP | 2.96 | 3.46 | 4.39 |
| Policyholder | 3.88 | 4.50 | 6.11 |
| Total | 1.33 | 1.60 | 2.95 |
LIC IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, and many others
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders and Policyholders
LIC IPO Date & Price Band (Final)
| Â IPO Open: | Â 04 May 2022 |
| Â IPO Close: | Â 09 May 2022 |
|  IPO Size: |  Approx ₹21,008 Crores |
| Â Fresh Issue: | Â Approx – Crores |
|  Offer for Sale: |  Approx 221,374,920 Equity Shares |
|  Face Value: |  ₹10 Per Equity Share |
|  Price Band: |  ₹902 to ₹949 Per Share |
| Â Listing on: | Â BSE & NSE |
| Â Retail Quota: | Â 35% |
| Â QIB Quota: | Â 50% |
| Â NII Quota: | Â 15% |
|  Discount: |  ₹60 for Policy Holders  ₹45 for Retail & Employees |
| Â DRHP Draft Prospectus: | Â Click Here |
| Â RHP Draft Prospectus: | Â Click Here |
LICÂ IPO Market Lot Size
| Â Minimum Lot Size: | Â Minimum 15 Shares for 1 lot |
|  Minimum Amount: |  ₹14,235 for 1 lot |
| Â Maximum Lot Size: | Â Maximum 210 Shares for 14 lot |
|  Maximum Amount: |  ₹199,290 for 14 lot |
LICÂ IPO Application for Policyholders
| Â Minimum Lot Size: | Â Minimum 15 Shares for 1 lot |
|  Minimum Amount: |  ₹13,335 for 1 lot |
| Â Maximum Lot Size: | Â Maximum 210 Shares for 14 lot |
|  Maximum Amount: |  ₹186,690 for 14 lot |
LICÂ IPO Application for Retail & Employees
| Â Minimum Lot Size: | Â Minimum 15 Shares for 1 lot |
|  Minimum Amount: |  ₹13,560 for 1 lot |
| Â Maximum Lot Size: | Â Maximum 210 Shares for 14 lot |
|  Maximum Amount: |  ₹189,840 for 14 lot |
LICÂ IPO Subscription Listing Dates
| Â Price Band Announcement: | Â 27 April 2022 |
| Â Anchor Investors Allotment: | Â 02 May 2022 |
| Â IPO Open Date: | Â 04 May 2022 |
| Â IPO Close Date: | Â 09 May 2022 |
| Â Basis of Allotment: | Â 12 May 2022 |
| Â Refunds: | Â 13 May 2022 |
| Â Credit to Demat Account: | Â 16 May 2022 |
| Â IPO Listing Date: | Â 17 May 2022 |
LIC IPO Listing FAQs:
LIC IPO itemizing date is May 17, Tuesday.
The BSE Code is 543526 whereas NSE Code is LICI.
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– Source : IPOWATCH