LIC IPO 2022 Date Announced, GMP, Subscription, Allotment Status
LIC IPO 2022 Date, Check LIC IPO GMP which is also known as Grey market premium, know LIC IPO Subscription Status and Allotment Date:
So the most largest and Government owned Life Insurance Company is about to get a break in Share Market. So here we are with perfect news of LIC IPO 2022 which is about to open its IPO on 10th March 2022. Before doing LIC IPO Subscription, we suggest you to go through this post. We want to inform you that it is the oldest insurance company with major Government Holding and it has a vast network with 1.35 million Insurance Agents. In this post you can find LIC IPO Date 2022, LIC IPO GMP, LIC IPO Subscription Status and Allotment Dates for LIC IPO 2022. Moreover, for your ease we have discussed how LIC Policyholders can bid for LIC IPO 2022.
LIC IPO Date 2022
Company Name | Life Insurance of India (LIC) |
LIC IPO Date | 10th March 2022 |
Registrar | kFin Tech Technologies Private Limited |
LIC IPO Bid Start Date | 10 March 2022 |
Last Date to bid | 14 March 2022 |
Minimum Investment for LIC IPO | 14,700 INR |
LIC IPO Size | 1,00,000 Crore |
LIC IPO GMP | 2000 INR (Approx.) |
LIC IPO Price Band | 2,000 INR to 2,100 INR |
QIB Quota | 50% |
Retail Investors Quota | 35% |
LIC IPO Allotment Date | By 25th March 2022 |
LIC IPO Share Price Face Value | Rs 10/- |
LIC IPO for Policyholders | Available (Ask your Insurance Agent to provide details) |
LIC IPO Status Check | kFintech.com, bseindia.com |
Type of Post | News |
So investors who want to know about all the LIC IPO Dates 2022 can see this section above. Secondly, you can see LIC IPO Bid Date, Allotment Date and LIC IPO status check portals. We suggest you to definitely bid for the LIC IPO as soon as it is released because it can be very profitable. Finally, you must note that LIC IPO Share Price can be around Rs 10 per share and GMP is expected to be around Rs 1500/- to 3200/- per share so IPO GMP goes around Rs 12 per share.
LIC IPO Grey Market Premium, Price Band
- Life Insurance Company is going to release its IPO from 10 March 2022.
- You can start applying for LIC IPO Subscription after 10.03.2022.
- LIC IPO Price for each share after listing could be between Rs 1500/- to Rs 3200/- per share.
- LIC IPO Issue Price can be around Rs 2000/- to Rs 2100/-.
- Share lot size will be announced after IPO release.
- LIC IPO Each share bears face value of Rs 10 per share.
- Minimum Investment for LIC IPO 2022 is also revealed after announcement.
LIC IPO GMP
As we know LIC IPO can be profitable for you with issue price of Rs 2000/- to Rs 2100/-. If we talk about LIC IPO GMP then it is having high GMP as per brokers. You can transfer your shares to others if you find good enough LIC IPO GMP. Higher LIC IPO GMP means great profit for those who get LIC IPO Allotment. Moreover, the transaction for getting GMP price is non official so you can do it as per trade rules. So as per our analysis LIC IPO GMP 2022 will be very high.
LIC IPO 2022 Subscription for Policyholders
It is very exciting and unique news for Policyholders who have active LIC Policy. So now people who have LIC Policy can bid for IPO with 10% less price and it means that LIC IPO Issue Price for Policyholders will be Rs 1890/- per lot. So we suggest you apply for the LIC IPO at such a good discount and then see your Money growing. Although Share Market is prone, LIC is a good company which can give you good returns. You can apply with a discount for LIC IPO 2022 by contacting your Insurance Agent.
Steps for LIC IPO Subscription Status
- Open your Trading App on Mobile.
- Now click on IPO Button and search for LIC IPO.
- Thirdly, click on it and then fill up the subscription details.
- Now proceed for Mandate confirmation.
- Moreover, confirm the mandate from your Bank account and note down your Subscription Number.
- After that you have applied for LIC IPO Subscription, now you can check your IPO Allotment Status with your Subscription.
LIC IPO Allotment Date
LIC IPO Bid Start Date | 10th March 2022 |
LIC IPO Subscription Last Date | 14th March 2022 |
LIC IPO Allotment Date | 25th-26th March 2022 |
LIC IPO Listing Date | 27th March 2022 |
Links to Check LIC IPO Allotment Status
LIC IPO Allotment Status through kFintech | Check Now |
LIC IPO Allotment Status through BSE | Check Now |
Our website | anytvnews.com |
Queries on LIC IPO GMP, Subscription, Allotment
When did LIC IPO open?
The LIC IPO is expected to open on March 10 for anchor investors and a couple of days later for other investors. The insurance giant is expected to get regulatory approval by the first week of March, following which an indicative marketing price band will be set.
What is the expected LIC IPO per Share Price?
You can expect each share price of LIC Share around Rs 1500/- to Rs 3200/-.
Who is the registrar of LIC IPO 2022?
LIC IPO 2022 registrar is kFin Tech Technologies.
Can I buy LIC shares?
Yes. But in a joint LIC policy, only one of the two policyholders can apply for shares under the reserved portion. The policyholder will need to update the PAN number of the applicant bidding in the offer in the policy records. Additionally, the applicant must have a Demat account in their name.
Will LIC IPO benefits to policyholders?
According to the DRHP, up to 10 percent will be reserved for eligible LIC policyholders under the Policyholder Reservation Portion. … The state-run insurer, Life India Corporation (LIC) submitted its draft papers for its initial public offering (IPO) with capital market regulator, Sebi, on February 13, 2022.
What will be the lot size of LIC IPO?
One lot size is Rs. 14,700
Why is LIC going public?
Efforts to contain the spread of the virus, such as through stringent lockdowns, created a significant budget deficit and pushed millions into joblessness and poverty. The IPO of LIC will give a boost to the government’s efforts to raise much-needed cash through privatisations, which are running badly behind schedule.
What is LIC demat account?
A demat account or dematerialisation account is a medium through which the individual holds stock market shares and other securities. The LIC has asked its policyholders, those who do not have a demat account, to get one at their own cost.
Should you invest in LIC IPO?
“LIC IPO is expected to hit the market soon that may bring at least 1 crore new demat accounts and that could be a big positive for the dynamics of the Indian market because if 10 percent of these investors become active then it will increase participation of retail investors and it will also help the government