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
|
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 |
| 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:
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 ₹1000.
What is LIC Share Price on Listing Day?
The IPO is listed at ₹872.00 on NSE and at ₹867.00 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.
