LIC IPO Launch Date 2022 Share Price, Lot Size & Details

Welcome to all of you in this article, in this article LIC IPO Launch Date 2022 Share Price, Lot Size & Details  The Life Insurance Corporation (LIC) is the largest and oldest Insurance provider in the country owned by the Government of India.


 The Government of India has announced ₹60 per equity share discount for IPO applicants applying under the ‘policyholder’ category and ₹45 per equity share discount for bidders applying

Under the ’employee’ category. The company has a vast network of 1.35 million Insurance Agents and is the oldest insurance business with major government holdings.

LIC IPO Launch Date 2022

The Indian finance minister, is closely tracking the process. In preparation for the IPO worth Rs. 80,000 to 1 lakh crores, the company is preparing its financial statements to file the DRHP with SEBI for the last quarter.

LIC IPO Launch Date

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Check LIC IPO Release Date 2022 which is now available for user to apply in registration they can register for further process in the program. Moreover, the process under LIC IPO Registration 2022 has gained some momentum through online mode.

LIC IPO Launch Date Main Point Overview:

IPO Opening DateMay 4, 2022
IPO Closing DateMay 9, 2022
Issue TypeBook Built Issue IPO
LIC IPO Size1,00,000 Crore
IPO Price₹902 to ₹949 per equity share

LIC IPO 2022

LIC has also advised policyholders to update PAN! They will also get the benefit of this at the time of IPO, from May 4, 2022,  retail investors will be able to subscribe to this IPO. The last date for bidding in IPO is 9th May 2022.

The bidding time is 10.00 A.M. to 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

In 2022-2023 budget officials announced that, up to 10% percent of the LIC IPO issue size would be reserved for its policyholders.

LIC IPO Launch Date

Size of LIC IPO Issue  

The government plans on raising between Rs. 80,000 and 1,00,000 crores through the upcoming IPO. The upcoming IPO is set to attract investors of all kinds. According to the government, the IPO is one way for it to achieve its disinvestment goal by 2022. The government will continue to hold a majority stake in the corporation after approximately 10% of its stakes are offered to the public.


The government will seek a total of 316,249,885 shares. For investors, the share will be priced at $10 per share. In addition, there will be a fixed quote for retail investors. the Indian government will sell its 5% stake in the LIC IPO and use the proceeds to raise funds.

However, experts are concerned about the amount of money that the government is raising through this IPO. You can also get GMP price as per trade rules since the transaction isn’t official. the LIC IPO is an excellent investment opportunity for retail investors.

  • From May 4, 2022, the Life Insurance Company will launch its initial public offering.
  • The LIC IPO Subscription application can be submitted after 09.05.2022.
  • A possible IPO price range for LIC might be between ₹902 to ₹949 per equity share.
  • LIC IPO issue price can range between ₹902 and ₹949
  • After the IPO is released, the share lot size will be announced.
  • The face value of each share in the LIC IPO is  $10 
  • The minimum investment amount for the LIC IPO 04 May 2022 is also released after the announcement.

How to apply for LIC IPO

There are two categories made available–one for LIC Policyholders and the other is a general or all investors’ category. A bidder is allowed to apply for a minimum of one lot and maximum of 14 lots of the LIC IPO.

Your PAN Card also needs to be linked with the policy if you want to apply under this category. LIC policyholders can enjoy benefits such as a 10% reserved allocation and a discount on the issue price. You can apply for the LIC IPO online via our online trading platform.

The GoI has announced ₹60 per equity share discount to the applicants having a LIC policy. However, only those LIC policyholders will be eligible for this discount who bought their policy on or before 13th April 2022, the day LIC filed its DRHP at SEBI.

LIC IPO Launch Date FAQs:

When will LIC IPO Come?

The LIC IPO date has been fixed for May 4. The LIC IPO will most likely open on May 4 and close on 09 May 2022.When will the LIC IPO issue launch for a subscription?

It is expected to be available from 4 May 2022.Who will be the Book Running Lead Managers for the IPO?

The names of lead managers will be disclosed after the issue of DRHP/Is the draft prospectus for LIC public issue available?

No, it has not been submitted yet by the company.For how many shares, LIC will launch the IPO?

The IPO is likely to be launched for not more than 10% stakes of the government in the company.

What is the price of LIC IPO?

LIC IPO price band is Rs 902 – Rs 949 per share.

What is the GMP of LIC IPO?

Dealers say LIC is commanding a grey market premium (GMP) of Rs 75. Life Insurance Corporation (LIC) is all set to launch what is going to be India’s largest initial share sale on May 4

Can I buy LIC IPO?

You can open a demat account by registering with a depository participant (DP), a list of which you can find on NSDL and CDSL websites.


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