LIC IPO Dates Announced with Share Price, GMP, Lot Size, and more (May 2022)

For rest:
https://ris.kfintech.com/ipo...us

Investors, who had bid for the issue, can check the allotment status on BSE website:

1) Visit https://www.bseindia.com/investors/appli_chec...px
2) Under the issue type, click Equity
3) Under the issue name, select Life Insurance Corporation of India Limited in the dropbox
4) Write the application number
5) Add the PAN card ID
6) Click on ‘I am not a Robot’ and hit submit

Did anyone got allotment?

😀flop IPO hai .. PE 200 ka hai High PE hai Best Price 500 Hoga agar Buy karna hai to 
GMP Mat Dekho OPretor GMP ko 30% up leke ja sakte hai 😌

Profit margins are high so i will apply

I will be applying for it for sure…….Just go through the profits they share to the government on a yearly basis to verify the history…… Again it’s upto the individual….. I am sure these will be gone just like hot cakes on the first day itself……

I will be applying for lic IPO from all 4 account.i am tired of hearing negative news about IPO all the time people said same negative things about ruchi soya now see where it’s at also some people comparing Paytm a loss making company to a government owned profit making and largest insurance provider in India

Will apply on last day

@FighterMan @MJ911 Dark Theme in the App messed the table’s content in the article. Please, get it fixed by the Technical Team. Problem is same with other articles with tables too.

The color of the text in the table should be in white color. But black color text in dark theme makes it hard to read.

I am new to this, can someone please provide steps on how one can buy shares. What are the things I need to setup before.

Will apply for 1 lot only….Will decide on last day

Good company

All new people into investing will be applying just as they did for paytm.
Personally I wouldn’t apply.

If anyone is applying the probability of getting share are high as it’s huge 

It will be flop show, wait and watch

Anyone applying for it?
@malikcool @guest_999 @bikidas2060

The highly anticipated upcoming IPO of 2022 is finally here. We are talking about the LIC IPO by Life Insurance Corporation of India. It will be the biggest IPO of all time surpassing Paytm’s ₹18,300 crore IPO.

The government will sell its 3.5% stake in LIC via this IPO. Earlier it was 5% but due to the Russia-Ukraine war and other geological tensions it has come down by 9.4 crore shares. Also due to this, the LIC IPO which was supposed to open in March 2022 got delayed.

LIC Company officials will meet on 26th April 2022 i.e. today to discuss the IPO details like share price, lot size, discounts, etc. You can check How to Link Your LIC Policy with PAN to apply for LIC IPO Quota?

The LIC IPO issue will open on 4th and close on 9th, but make a note that you cannot apply on 7th and 8th May as the stock market is closed on weekends.

The LIC IPO Share Price band is ₹902-₹949 per equity share.

The LIC IPO Lot Size is 15 shares. Thus, you can apply for a min of 1 lot of 15 shares worth ₹14,235 and max 14 lots of 210 shares worth ₹1,99,290.

You can see the LIC IPO Financials as per its DRHP for the last 3 financial years. Its assets value has shown growth, but revenue & profits have gone down in the last year by almost 50% which is a concern. However, the best part about LIC is that its revenue is almost similar to what it earns which shows that it is supremely established in the country.

Currently, the LIC IPO GMP is very low, but will pickup as the issue nears its opening. The kostak rate is currently ₹1500 i.e. you get allotment or not, you will earn ₹1500 per lot.

Will the LIC IPO bring listing profits? Will it be beneficial for long-term investors? Please do share your views below with our budding IPO community. Before going, here's How to pay Life Insurance Premium at a Discount?