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 listed at an 8% discount. LIC share price is listed at ₹872 on NSE and ₹867 on BSE. The stock was not able to list on premium as per predicted by our IPO Watch team. Happy Investing!
LIC Share Price Live Quote
| Details | BSE Listing | NSE Listing |
| IPO Price |
₹949.00
|
₹949.00
|
| List Price |
₹867.20
|
₹872.00
|
| High Price |
₹920.00
|
₹918.95
|
| Low Price |
₹860.10
|
₹860.00
|
| Close Price |
₹872.70
|
₹881.95
|
| Volume |
2,751,315
|
48,755,565
|
BSE Notice of Listing: Notice
LIC IPO Listing Details
| BSE Code | 543526 |
| NSE Code | LICI |
| 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:
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