Life Insurance Corporation of India
₹14,235(15 Shares)
Minimum Investment
IPO Dates
May 4, 2022 – May 9, 2022
Price Band
₹902–949 per equity share
Lot Size
15
Listing
May 17, 2022
Listing At
BSE, NSE
Life Insurance Corporation of India Live Subscription Details
All IPOsAll Live IPOsOverall Subscription
Total Bids Received
2.95x
Life Insurance Corporation of India IPO Issue Details
- Issue Price
- ₹902-949 Policy Holder Discount : ₹60 Per ShareRetail & EMP Discount : ₹45 Per Share Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Listing At
- BSE, NSE
- Listing Date
- May 17, 2022
Company Information
LIC is India's only government-owned insurance provider company. It is the largest company in the Indian insurance space with a market share of above 64.1% in terms of premiums and 66.2% market share ...
Valuations
RoNW
45.65%
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1To achieve the benefits of listing the equity shares on the stock exchange.
- 2To carry out an offer for sale of 221,374,920 shares by selling shareholders.
Life Insurance Corporation of India – Promoter(s)
Contact Details
Life Insurance Corporation of India IPO Documents
Frequently Asked Questions — Life Insurance Corporation of India IPO
The Life Insurance Corporation of India IPO price band is set at ₹902.00 to ₹949.00 per equity share.
The lot size for Life Insurance Corporation of India IPO is 15 shares per lot. The minimum investment amount is approximately ₹14,235.
The Life Insurance Corporation of India IPO opens on May 4, 2022 and closes on May 9, 2022.
Life Insurance Corporation of India IPO is expected to be listed on May 17, 2022 on BSE, NSE.
