LIC IPO Subscription Status: LIC IPO is an offer for sale (OFS) by the Government of India and is not a fresh issue of shares by LIC. The government has a 100 percent stake or more than 632.49 crore shares in LIC. The face value of the share is Rs. 10 per share.
LIC IPO Subscription Status (Live)
LIC IPO Subscription Status on Day 1: LIC IPO subscribed a total of 0.67 times on day 1.
LIC IPO Subscription Status on Day 2: LIC IPO subscribed a total of 1.03 times on day 2.
LIC IPO Subscription Status on Day 3: LIC IPO subscribed a total of 1.38 times on day 3.
LIC IPO Subscription Status on Day 4: LIC IPO subscribed a total of 1.66 times on day 4.
LIC IPO Subscription Status on Day 5: LIC IPO subscribed a total of 1.79 times on day 5.
| Date | QIB | NII | RII | EMP | POL. HOLD. | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.33x | 0.27x | 0.60x | 1.17x | 1.99x | 0.67x |
| Day 2 | 0.40x | 0.47x | 0.93x | 2.22x | 3.11x | 1.03x |
| Day 3 | 0.56x | 0.76x | 1.23x | 3.06x | 4.01x | 1.38x |
| Day 4 | 0.67x | 1.08x | 1.46x | 3.54x | 4.67x | 1.66x |
| Day 5 | 0.67x | 1.24x | 1.59x | 3.79x | 5.04x | 1.79x |
LIC Financial Report ₹(in cr)
| Year | Revenue | Expense | PAT |
| 2019 | ₹ 2645 | ₹ 2.62 | ₹ 2627 |
| 2020 | ₹2731 | ₹ 1.24 | ₹ 2710 |
| 2021 | ₹2986 | ₹ 5.22 | ₹ 2974 |
LIC IPO Date & Details
| IPO Open Date | 04 May 2022 |
| IPO Close Date | 09 May 2022 |
| IPO Size | ₹21,008.48Cr |
| Issue Type | Book Building |
| Fresh Issue | — |
| Offer For sale | 221,374,920 Eq Share |
| Face Value | ₹10/Equity share |
| Price Band | ₹902 to ₹949 |
| List On | NSE & BSE |
| DRHP Draft | Click Here |
LIC IPO Market Lot Size
In LIC IPO Minimum of 7 Shares in 1 lot with ₹14,700 application amount. If you want to come under retail investor then you can apply a maximum for 13 Lot, 91 shares with ₹ 191,100 application amount.
| Minimum Lot Size | 15 Share in 1 lot |
| Minimum Amount | ₹14,235 |
| Maximum Lot Size | 210 Share in 14 lot |
| Maximum Amount | ₹199,290 |
Click Here to Check Upcoming IPO of 2022
LIC IPO Reservation
The reservation for the LIC IPO is like 50% is for QIB, 15% is for NII and 35% is for RII, employee quota is not shared.
| Category | Reservation(%) |
|---|---|
| QIB | 50% |
| NII | 15% |
| RII | 35% |
| EMP | 10% for emp & policyholder |
LIC IPO TimeTable
LIC IPO Listing Date is on 17 May 2022, closing date is 09 May 2022, and are as follows.
| IPO Open Date | 04 May 2022 |
| IPO Close Date | 09 May 2022 |
| Allotment Date | 12 May 2022 |
| Refund Date | 13 May 2022 |
| Credit to Demat Account | 16 May 2022 |
| Listing Date | 17 May 2022 |
LIC IPO FAQs
Q. LIC IPO Price Band?
The IPO price bands are ₹902 to ₹949.
Q. What is the launch date of LIC IPO?
The IPO opens on 04 May 2022 and closes on 09 May 2022.
Q. LIC IPO Subscription status?
LIC IPO subscribed a total of 1.79 times on day 5.
Q. Is good to apply for the IPO of LIC?
The company reported a profit of ₹2,974cr in FY 2021 and also had year-on-year growth in profit which is good.
Q. Who is the owner of LIC Now?
Ministry Of Finance and Government of India.
Q. LIC IPO Size?
The Size of the LIC IPO is worth ₹21,008.48cr.
Q. LIC IPO allotment Date?
LIC IPO allotment date is 12 May 2022.
Q. LIC IPO Listing Date?
The listing date is 17 May 2022 and the IPO list on BSE and NSE.