LIC IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 04 May 2022 - 09 May 2022
Issue Size ₹21,008.48 Cr
Issue Price ₹902-949
Market Lot 15 Shares
Shares on Offer 221,374,920
Registrar KFintech
GMP ₹75-77
Kostak ₹1400
Subject to Sauda ₹1100
Listing Date 17 May 2022
Listing Price N/A
Listing Gain% N/A

About Life Insurance Corporation of India

Every day they wake up to the fact that more than 250 million lives are part of our family called LIC.

They are humbled by the magnitude of the responsibility they carry and realise the lives that are associated with us are very valuable indeed.

Though this journey started over six decades ago, they are still conscious of the fact that, while insurance may be a business for us, being part of millions of lives every day for the past 65 years has been a process called TRUST.

Company Promoters

The President of India, acting through the Ministry of Finance, Government of India is the company promoter.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 37,464,044.68 34,141,745.74 33,663,346.17
Total Revenue (In ₹ Millions)
Profit After Tax (PAT) (In ₹ Millions) 29,741.39 27,104.78 26,273.78

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
29 Apr 2022 ₹75-77 ₹1400 ₹1100

Strengths & Weaknesses

Strength
Weakness

Life Insurance Corporation of India IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 04 May 2022 0.33 0.27 0.60 0.67
Day 2 - 05 May 2022 0.40 0.47 0.93 1.03
Day 3 - 06 May 2022 0.56 0.76 1.23 1.38
Day 4 - 07 May 2022 0.67 1.08 1.46 1.66
Day 5 - 08 May 2022 0.67 1.24 1.59 1.79
Day 6 - 09 May 2022 2.83 2.91 1.99 2.95

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Life Insurance Corporation of India IPO FAQs

  1. When will Life Insurance Corporation of India IPO open?

    Life Insurance Corporation of India IPO will open on 04 May 2022 and close on 09 May 2022.

  2. What is the listing date of Life Insurance Corporation of India IPO?

    Life Insurance Corporation of India IPO will list on 17 May 2022.

  3. What is the offer price of Life Insurance Corporation of India IPO?

    The offer price of Life Insurance Corporation of India IPO is ₹902-949.

  4. What is the lot size of Life Insurance Corporation of India IPO?

    The lot size of Life Insurance Corporation of India IPO is 15.

  5. What is the Grey Market Premium (GMP) price of Life Insurance Corporation of India IPO?

    The Grey Market Premium (GMP) price of Life Insurance Corporation of India IPO is ₹75-77.

  6. What is the Kostak price of Life Insurance Corporation of India IPO?

    The Kostak price of Life Insurance Corporation of India IPO is ₹1400.

  7. What is the Subject to Sauda price for Life Insurance Corporation of India IPO?

    The Subject to Sauda price for Life Insurance Corporation of India IPO is ₹1100.

Life Insurance Corporation of India IPO Review/Comments

the big company have big loss and big profit but his work goes to wrong who judge his loss and say the company have no plain and his plain goes crass, so create history good luck guys

PRATEEK THAKUR

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