Life Insurance Corporation of India (LIC) IPO 4th May - 9th May 2022

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Deal Captain
vshah

LIC is the Main Market Player in the Indian Insurance Industry.The Government of India has decided to reduce its Holding in LIC. So there will be a Launch of LIC IPO in 2022, most likely in Mid-march.

https://cdn0.desidime.com/attachments/photos/734455/medium/download_%2815%29.jpg?1642150172

Reasons for Investing in LIC IPO.

  1. Beneficial for both retail and institutional investors and employees for the long term.

  2. By the listing of the IPO it will bring Transparency in the company.

  3. LIC has Asset under Management of around Rs.31 Lakh Crore.LIC has millions of Policyholders in india. Thus IPO can be rewarding for the Old policyholders. As there will be 10% reserve for Policyholders.

  4. The Policyholders may get a discount on the offer price.


LIC IPO Date – 4th May 2022 – 9th May 2022


IPO price band is set from Rs.902 to Rs.949 per share.


Listing date for this IPO is 17th May 2022.



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We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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Deal Newbie Deal Newbie
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I don’t have any policy…which policy to buy for getting advantage in IPO?

Deal Captain Deal Captain
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agwl.nitin0 wrote:

I don’t have any policy…which policy to buy for getting advantage in IPO?

There are no restriction on which policies will get this advantage,can you buy any policy whichever is suitable for you and your family

Deal Newbie Deal Newbie
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vshah wrote:

There are no restriction on which policies will get this advantage,can you buy any policy whichever is suitable for you and your family

No..I already have term and health insurance outside LIC..what I need to know is which policy will give me good returns from investment point of view and then I get quota in IPO also

Deal Subedar Deal Subedar
Admin
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LIC IPO list at 8% discount at Rs.872 vs the IPO price of Rs.949

Pro Entertainer Pro Entertainer
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gaya bhai gaya… 77 down at start… sad sad

replyuser
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