LIC IPO (Initial Public Offering) has opened for subscription today and the public issue price is Rs. 21,008.48 crore will be open for subscription till 9th May 2022. The Government of India (Government of India) has fixed the issue price of LIC IPO. from 902 949 per equity share. Government of India has announced 60 per share discount to LIC policyholders and 45 per equity share discount to LIC employees applying for LIC Public Offering. Meanwhile, the gray market is also showing positive signs with respect to the public issue as the shares of LIC are available at a premium. 65 in the gray market today.
Here we list the important LIC IPO details:
– LIC IPO GMP: According to market experts, lic ipo gray market premium (GMP) today is 65, who is around 20 more than this morning’s gray market premium 85.
, LIC IPO Membership Status: The insurance giant’s public issue has been subscribed 0.44 times as of 02:23 PM today while its retail portion has been subscribed 0.47 times. The policyholder segment is almost fully subscribed at 1.49 times and employee segment subscription at 0.7 times.
, LIC IPO Price: The Government of India has fixed the price band for the public issue: from 902 949 per share.
– LIC IPO Size: Government of India aims to raise 21,008.48 crore from this public issuer.
– LIC IPO Lot Size: A bidder will be able to apply for LIC IPO in lots and one lot will consist of 15 shares of LIC.
– LIC IPO Application Limit: A bidder is allowed to apply for a minimum of one lot and a maximum of 14 lots.
– LIC IPO Discount: Government of India has announced 60 per equity share exemption for applicants applying under ‘policyholder’ category, while it has announced exemption 45 per equity share to applicants applying under ‘Employee’ category.
– LIC IPO Allotment Date: The tentative date of announcement of share allotment is 12th May 2022.
– LIC IPO Listing: The public issue will be listed on NSE and BSE and the tentative date of LIC share listing is 17th May 2022.
– LIC IPO Registrar: KFin Technologies Limited has been appointed as the Official Registrar of Public Issues.
– LIC IPO Nature: The book built issue is 100% offer for sale (OFS) in nature.