Here we list out important LIC IPO details:
- LIC IPO GMP: According to market observers, LIC IPO grey market premium (GMP) today is ₹65, which is around ₹20 higher from its today morning grey market premium of ₹85.
- LIC IPO subscription status: The public issue of the insurance behemoth has been subscribed 0.44 times by 02:23 PM today whereas its retail portion has been subscribed 0.47 times. The policyholder segment has been nearly fully subscribed at 1.49 times and employee segment subscription stands at 0.7 times.
- LIC IPO price: The Government of India has fixed price band of the public issue at ₹902 to ₹949 per share.
- LIC IPO size: The GoI aims to raise ₹21,008.48 crore from this public issuer.
- LIC IPO lot size: A bidder will be able to apply for LIC IPO in lots and one lot will comprise of 15 LIC shares.
- LIC IPO application limit: One bidder has been allowed to apply for minimum one lot and maximum 14 lots.
- LIC IPO discount: The GoI has announced ₹60 per equity share discount for applicants applying under 'policyholders' category whereas it has announced a discount of ₹45 per equity share to applicants applying under 'employees' category.
- LIC IPO allotment date: The tentative date for announcement of share allotment is 12th May 2022.
- LIC IPO listing: The public issue will list on NSE and BSE and the likely date for LIC share listing is 17th May 2022.
- LIC IPO registrar: KFin Technologies Limited has been appointed as official registrar of the public issue.
- LIC IPO nature: The book built issue is 100 per cent offer for sale (OFS) in nature.
