LIC IPO Listing Date & Share Price on NSE & BSE

LIC IPO listing date is fixed, The IPO is to list on May 17, Tuesday at 10:00 AM. Life Insurance Corporation is controlling around 72% of the market and around 66% share of the total premium collection. The valuation of the company stayed around ₹9 Lakh to ₹10 Lakh crore. The company was founded way back in 1956. It’s a merger of 245 insurance companies. The IPO was subscribed 2.95x times comprises of Qualified Institutional Buyer (QIB) 2.83x, Non-institutional Bidders (NII) 2.91x, and Retail (RII) 1.99x. The stock will list in B Group. As per the market speculations the stock might list in between the ₹920 to ₹960 range. Check out the LIC IPO listing details as given below:

Latest Update: LIC IPO is not listed yet! Check the LIC share price as on the listing day. Happy Investing!


Details BSE Listing NSE Listing
IPO Price
List Price
High Price
Low Price
Close Price

BSE Notice of Listing: Notice

LIC IPO Listing Details

Find the LIC IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the LIC share listing day.

BSE Code 543526
Group B Group
ISIN No INE0J1Y01017
Offer Price ₹949
Face Value ₹10
Listing Date May 17, 2022, Tuesday

LIC IPO Subscription Status (Live Update – Day 5)

Last Updated – 7:00 PM

Category Day 3 Day 4 Day 5
QIB 0.55 0.67 2.83
NII 0.68 1.05 2.91
RII 0.19 1.39 1.99
EMP 2.96 3.46 4.39
Policyholder 3.88 4.50 6.11
Total 1.33 1.60 2.95

LIC IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders and Policyholders

LIC IPO Date & Price Band (Final)

 IPO Open:  04 May 2022
 IPO Close:  09 May 2022
 IPO Size:  Approx ₹21,008 Crores
 Fresh Issue:  Approx – Crores
 Offer for Sale:  Approx 221,374,920 Equity Shares
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹902 to ₹949 Per Share
 Listing on:  BSE & NSE
 Retail Quota:  35%
 QIB Quota:  50%
 NII Quota:  15%
 Discount:  ₹60 for Policy Holders
 ₹45 for Retail & Employees
 DRHP Draft Prospectus:  Click Here
 RHP Draft Prospectus:  Click Here

LIC IPO Market Lot Size

 Minimum Lot Size:  Minimum 15 Shares for 1 lot
 Minimum Amount:  ₹14,235 for 1 lot
 Maximum Lot Size:  Maximum 210 Shares for 14 lot
 Maximum Amount:  ₹199,290 for 14 lot

LIC IPO Application for Policyholders

 Minimum Lot Size:  Minimum 15 Shares for 1 lot
 Minimum Amount:  ₹13,335 for 1 lot
 Maximum Lot Size:  Maximum 210 Shares for 14 lot
 Maximum Amount:  ₹186,690 for 14 lot

LIC IPO Application for Retail & Employees

 Minimum Lot Size:  Minimum 15 Shares for 1 lot
 Minimum Amount:  ₹13,560 for 1 lot
 Maximum Lot Size:  Maximum 210 Shares for 14 lot
 Maximum Amount:  ₹189,840 for 14 lot

LIC IPO Subscription Listing Dates

 Price Band Announcement:  27 April 2022
 Anchor Investors Allotment:  02 May 2022
 IPO Open Date:  04 May 2022
 IPO Close Date:  09 May 2022
 Basis of Allotment:  12 May 2022
 Refunds:  13 May 2022
 Credit to Demat Account:  16 May 2022
 IPO Listing Date:  17 May 2022

LIC IPO Listing FAQs:

When is LIC IPO Listing Date?

LIC IPO listing date is May 17, Tuesday.

What will be the estimated listing price of LIC stock?

As per the market speculations, the IPO might list at ₹920 to ₹960 levels. If the market supports the stock might go on a higher side around the ₹1000 level while on the downside the stock might hit to ₹900 level.
How many returns are expected in LIC IPO?

The IPO might give a listing profit/loss of +-₹500 to ₹100.
What is LIC Share Price on Listing Day?

The IPO is listed at ₹0.00 on NSE and at ₹0.00 on BSE.
Will LIC will list on NSE and BSE?

Yes, The IPO to list on NSE and BSE both the indices.
Should I buy LIC shares on a listing day?

Long-term investors should buy the stock on a listing day. Stock Market investments are subject to market risks.
What is a BSE and NSE Code for the LIC IPO?

The BSE Code is 543526 while NSE Code is LICI.

Follow IPO Watch for the upcoming IPO list and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

Source link