Monday, May 09, 2022

LIC IPO Subscription Status Today Live Update from NSE & BSE

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 discounts for policyholders quota and ₹45 discounts 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

    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 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:


    When LIC IPO Subscription will start?


    The IPO subscription starts on May 04, 2022 for QIB, NII, and Retail Investors.

    How much is LIC IPO subscribed Today?

    The IPO subscribed 2.95x times on day 5.

    What is LIC IPO Retail subscription status?

    The RII subscription is 1.99x on day 5.

    How to Subscribe the LIC IPO?

    You can apply LIC IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Subscribe the LIC IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "LIC". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Subscribe the LIC IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "LIC". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

    How to Subscribe the LIC IPO through Paytm Money?

    Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name "LIC". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

    How do I check live LIC IPO Subscription Numbers Today?

    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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