LIC IPO subscription status is to start on May 04, 2022, Wednesday. LIC is a mainline IPO. The IPO is been subscribed by QIB, NII, Employees, Policyholders and Retail investors. LIC is going to raise ₹21008 crores via IPO which comprises an offer for sale of up to 221,374,920 equity shares. The IPO price band is fixed at ₹902 to ₹948 with a market lot of 14 shares. LIC is one of the biggest IPO to hit the Indian market. They offered ₹60 discount for policy holders quota and ₹45 discount for retail and employee quota on subscription. The company reported revenues of ₹2986 in 2021 against revenues of ₹2731 in 2020. The company’s financial report looks strong and profit is also looking strong. Please check the LIC IPO subscription status details over here.
IPOWatch View: We recommend investors may apply for an IPO with a short-term & long-term view. Investors should also look at the Retail and HNI numbers before investing. You can check the LIC IPO allotment status here.
LIC IPO Subscription Status (Live Update – Day 1)
Last Updated – [.]
Category | Day 1 | Day 2 | Day 3 |
QIB | 0.00 | – | – |
NII | 0.00 | – | – |
RII | 0.00 | – | – |
EMP | 0.00 | – | – |
PH | 0.00 | – | – |
Total | 0.00 | – | – |
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 Form
How to apply for the LIC IPO? You can apply for LIC IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the LIC IPO in the Invest section. The other option is you can apply for LIC IPO via IPO forms download via NSE and BSE. Check out the LIC forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
LIC IPO Subscription Status FAQs:
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One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and NSE websites. One can check the live subscription on NSE or NSE website on the particular IPO page.
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