Life Insurance Corporation of India aka LIC IPO is going to be a reality in the coming years. In Budget 2020-2021 Nirmala Sitharaman said that LIC to go public. The LIC IPO will be one of the biggest IPO in the Indian Market. It will be like Aramco IPO which will be in the limelight when it comes and the investors will surely go long for it. As all know LIC is one of the biggest companies in India in the insurance sector. Government of India to sell stake in LIC by Initial Public Offer which will come in mid-2021. Stay tuned for LIC IPO dates, price band, and market lot details.
LIC IPO Updates:
- Modi govt begins LIC IPO process, but valuation will pose a major challenge - The Print
- Decks cleared for 'largest ever' LIC IPO - Economic Times
- Explained: The biggest LIC IPO that the government is set to launch - IndianExpress
LIC IPO Review:
- Adding Soon
LIC IPO Dates & Price Band: (Tentative)
|IPO Size:||Approx ₹- Crore (Approx)|
|Face Value:||₹10 Per Equity Share|
|Price Band:||₹- Per Share|
|Listing on:||BSE & NSE|
LIC IPO Market Lot:
|Lot Size:||Minimum - Shares & Maximum - Shares|
LIC IPO Allotment & Listing:
|Basis of Allotment:||-|
|Credit to Demat Account:||-|
LIC IPO Form:How to apply the LIC IPO? You can apply 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 you can apply LIC IPO via IPO forms download via NSE and BSE. Check out the LIC forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
|₹ in Crore|
- Government of India
Quick Links:DRHP Draft Prospectus
RHP Draft Prospectus
LIC IPO Registrar:Adding Soon
Note: Check LIC IPO allotment status on - website allotment URL. Click Here
LIC IPO Lead Managers:
- Adding Soon
Company Address:Adding Soon
LIC IPO FAQs:
When LIC IPO will open for Anchor Investors?
The Anchor Investors bidding is not announced yet.
When LIC IPO will open for QIB, NII, and Retail?
The IPO to open on - for QIB, NII, and Retail Investors.
What is LIC IPO Investors Portion?
The investors' portion for QIB--%, NII--%, and Retail--%.
How to Apply the LIC IPO?
You can apply LIC IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is LIC IPO Allotment Date?
LIC IPO allotment date is not finalized yet. You can check IPO allotment here.
What is LIC IPO Listing Date?
LIC IPO listing date is not finalized yet. The IPO to list on NSE and BSE.