Check the LIC IPO Launch Date, Share Price, GMP, Profile and more

This 10 Lakh Crore IPO is estimated to be the biggest IPO in the history of Indian stock market. It has created a huge buzz amongst investors & traders.

by FighterMan Updated: 14 May, 2021, 18:46 IST
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The highly anticipated IPO of all times i.e. LIC(Life Insurance Corporation of India) IPO is in much talk these days. Recently, it was confirmed that upto 10% of shares will be reserved for LIC policy holders. Moreover, it was revealed that this company will not go for privatisation and continue to be a Government entity. Besides, this 10 Lakh Crore IPO(possibly) is estimated to be the biggest IPO in the history of Indian stock market. Let’s get to know its Launch Dates, Share Price, GMP, Profile, and more.
LIC IPO
LIC IPO Launch Dates

LIC IPO is estimated to launch on 11th April 2022. Thus, you will have to wait for some time. It will most probably have 5 days for investors to subscribe to it which makes it the longest duration IPO till date.

LIC IPO Share Price

The price of 1 share in the LIC IPO is estimated to be anywhere between Rs 400 to Rs 600. It is calculated on the basis of paid up capital and valuation costs which are rumoured to be Rs 25k Crore and Rs 10 Lakh Crore respectively.

LIC IPO Grey Market Premium or GMP

As of now i.e. 18th March 2021, 11 am, the Grey Market Premium of LIC IPO is Rs 7000. Thus, its GMP is unbelievable, but market traders believe that it will end on Rs 2000.

Company Profile

The Life Insurance Corporation of India aka LIC was started in 1956. It is managed by the Government of India, and is the largest life insurance company in the country. Currently, it stands at 28 Crores in no of policies and Rs 45 Lakh Crore in total premium. These numbers are staggering & incredible. The company’s headquarters is in Mumbai, and is spread across a majority of cities and villages in the country. It is also into health insurance, pension plans, unit linked plans, and micro insurance.

Financials

LIC has 68.9% market share in new business premium collection and 60.9% share in annual premium collection. Moreover, it manages 72% of the market and has 66.24% intake in 1st year premium collection.

Financial Year

Financial Details

2018-19

Asset Volume of Rs 31.11 Lakh Crore

2018-19

Premium Value of Rs 2 Lakh Crore

2019

Investment Volume of Rs 29.84 Lakh Crore

Which Stock Market Brokers are Best for IPO Subscriptions?

There are many Stock Market Brokers available for IPO Subscriptions, but which are the ones giving the best advice, services, grey market insights, and more, is the question. Well, there are 2 brokers who have established themselves as one of the best in this industry. Those are Zerodha and 5paisa.

Zerodha

Zerodha is the biggest stock broker in India with regards to active retail clients. Currently, it has 4M+ investors and traders in India. It alerts you for an upcoming IPO beforehand via its Kite app so that you don’t miss the application deadline. Moreover, you can apply instantly directly from the app, but subject to funds availability in your account.

Zerodha Pricing

Let’s have a look at the popular Zerodha plans and their pricing.

Equity Delivery Investments on NSE and BSE

Free

Intraday & F&O Trades across Equity, Currency, and Commodity

Rs 20 or 0.03% on every Executed Order

Direct Mutual Fund Investments

Rs 0 Commission and Free DP

5paisa

5paisa is a fast growing stock broking company. Currently, it has 1M+ customers in India. It is well known for its excellent trading platforms. It includes research tools like Swing Trader, Smart Investor, Smallcase, Portfolio Analyser, and Sensibull for analysis.

5paisa Pricing

5paisa has a flat fee for unlimited number of trades in all segments. It also features add-on packs starting from Rs 249/month. These packs give discounted brokerage, advisory calls, portfolio analysis, research of 4K+ companies, and much more.

Stocks, Commodities, and Currency

Rs 20 per Order

Direct Mutual Fund Investments

Rs 0 Commission and Free DP

This year has been a year of IPOs. You can check the latest updates on Nazara IPO, Anupam Rasayan IPO, and EaseMyTrip IPO as they are currently trending. What are your views on the LIC IPO? Do share with us in the comments below.

17 Comments  |  
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Deal Baba Deal Baba

itna BADA 😲😲😲😲😲

p.s- invest 15k return 150k?? confused flushed

Deal Cadet Deal Cadet

Use your brains
Why not the company increase the ipo price, if it is already on such huge GMP?

Deal Cadet Deal Cadet

11th April 2022 ? – after more than 1 year flushed

Deal Newbie Deal Newbie

any discount for existing lic policyholders or separate categories other than retail/employee??

Deal Cadet Deal Cadet
shihabudheenk wrote:

any discount for existing lic policyholders or separate categories other than retail/employee??

May be they will reserve 10% of the stake to policy holders

Deal Newbie Deal Newbie

Just creating rumors… IPO will be coming in Oct or Nov….not confirm yet..

Entertainer Entertainer
good_virus wrote:

Use your brains
Why not the company increase the ipo price, if it is already on such huge GMP?

Won’t be surprised if it LISTS at an DISCOUNT to ISSUE Price.

Deal Cadet Deal Cadet
Expand
abhinavshah wrote:

Won’t be surprised if it LISTS at an DISCOUNT to ISSUE Price.

Chances are there. LIC knows how to manipulate it. They are the biggest domestic investor in stocks. They know this game for years.
Considering the hype it is going to create, they may issue at huge premium. 100% subscription is not hard for them.
It is possible to list at premium even with unrealistic valuation. But all these will settle down and come back to fair value within few days of listing.

replyuser