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Life Insurance Corporation of India (LIC) IPO Message Board (Page 1)

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1829. Pandugeet |   Link |  Bookmark | June 29, 2022 10:42:50 PM
Still waiting for updates from expertpeople who recommended to buy on dips after the stock tanked. Are they still buying it as this stock is only dipping.
1828. IPO guro |   Link |  Bookmark | June 22, 2022 9:42:55 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Looking at the IPO price and the current price, it seems to be a very weak company.
1828.1. Pandugeet |   Link |  Bookmark | June 29, 2022 10:45:34 PM
It was always a weak company made fat by the government and gullible customers who bought endowment based term.plans
1827. IPO guro |   Link |  Bookmark | June 19, 2022 3:54:12 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
बंद मुट्ठी लाख की खुल गई तो खाक की।
Ha ha ha 😄
1826. Nimboo ka aachar |   Link |  Bookmark | June 17, 2022 4:39:36 PM
I have only 1 thing to say to all those who applied for long term and did not sell on listing day in this sandalwood IPO.

Pls remain invested in this sandalwood for the rest of your life.
Keep holding your lic shares 'jindagi ke saat bhi aur jindagi ke baad bhi.'
1826.1. ipo share |   Link |  Bookmark | June 18, 2022 7:27:12 AM
IPO Guru IPO Guru (1500+ Posts, 700+ Likes)
@Nimboo Ka Achar
I think what you are saying is absolutely true.
After creating false trap (pulling back to 700 level), LIC again resumed it's downward journey.
Doesn't seem to have formed any base yet. God knows where it will stop.
Very surprising that big investors are unable to foresee hidden valuation which Authorities have assumed while fixing it's pricing.
Who will solve this mystery?????
1825. Ipo tracker |   Link |  Bookmark | June 16, 2022 1:52:38 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
You win by centimeters
But you lose by meters
1824. IPO guro |   Link |  Bookmark | June 16, 2022 9:21:31 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Washing without soap.
IPO price ₹ 949
Now trading below ₹ 700
Asia's second highest money sinking IPO!😊
1823. All Time High |   Link |  Bookmark | June 15, 2022 10:39:30 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Sudden uptrend now (~30 up). 🤔🙄
1822. Jetha Lal |   Link |  Bookmark | June 13, 2022 4:21:37 PM
IPO Guru IPO Guru (1000+ Posts, 2100+ Likes)
Many times I mentioned that there is no institution demand and massive downfall is inevitable in this junk sandalwood.

I was going through MF holding in LIC and I found that between 12th May 2022 i.e Listing to 31st May 2022 Mutual funds have "NET SOLD" 9,88,500 qty of LIC shares in this period.
Those must be those who either participated in QIB quota or bought post listing. June MF data will clear the whole picture but till that time it will be too late to exit. Mostly probably available in 500 range.

Anchor book has benn opened to supply and see the downfall now. The game has just begun. Let's see till when SBI MF will save this suicidal share.

Disclaimer: I am not an expert, I am just learner and observer.
1822.1. yazoo |   Link |  Bookmark | June 13, 2022 10:40:53 PM
i agree we are all students and observers,
a bulk deal to sell LIC will be at a substantial discount.. a large open sale order will trigger a circuit algos are quite smart nowadays the only entity purchasing in bulk will be a govt entity .. in case of a lower circuit
no one will try to clutch a falling knife!
1821. Pandugeet |   Link |  Bookmark | June 13, 2022 9:05:55 PM
IPO Experts on Chittorgarh: Keep accumulating LIC, long term you will be billionaire. Value stock, fundamentals are awesome.

Same Experts to themselves: Sell LIC, it is useless. Total waste of time and money
1820. Bhaskar raj |   Link |  Bookmark | June 13, 2022 8:35:20 PM
LIC Share Update: निवेशकों का पैसा डूबोने के मामले में एशिया में नंबर वन बना एलआईसी का आईपीओ, 17 बिलियन डॉलर घटा मार्कैट कैप govt gift to poor investors
1819. Jetha Lal |   Link |  Bookmark | June 13, 2022 6:53:28 PM
IPO Guru IPO Guru (1000+ Posts, 2100+ Likes)
A $17 Billion loss puts LIC IPO among top Asia wealth destroyer.

Just imagine what would have happened if they would have come with their earlier price band of Rs 2000/per share.
Say thanks to Putin to initiate Ukraine's demilitarization.

The management’s communication with investors is confusing. They haven’t held an analyst call after the results. So there is no clarity on how the company is planning to grow, what is going to be its strategy.

This sandalwood is really stinky.

1819.1. ipo share |   Link |  Bookmark | June 13, 2022 7:49:25 PM
IPO Guru IPO Guru (1500+ Posts, 700+ Likes)
No bulk deal or block deal in LIC today. Seems no selling by Anchor investors. Even then it is down by 5%.
1819.2. Jetha Lal |   Link |  Bookmark | June 13, 2022 8:10:54 PM
IPO Guru IPO Guru (1000+ Posts, 2100+ Likes)
@ipo share ji
Today's Delivered quantity (NSE+BSE) is 34,39,719 which amounts to approx Rs 233 crores in value out of Rs 4,307 crores (total anchor portion).
Today supply is nothing in front of supply which is possible in near future.

Bulk is deal is never possible in LIC because to make bulk deal happen one has to buy shares worth Rs 2,113 crores because bulk deals means 0.5% of total value of company needs to buy/sell by an investor.
Block deal mostly happen two investors exchange shares in separate window on exchange and it mostly happen when promoter or big investor sell stake in open market with predetermined investor and price.
Bulk/block deal is not possible in LIC in near future.

Thank you 🙏
1818. IPO guro |   Link |  Bookmark | June 13, 2022 7:52:19 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
My guess is that this share should come down to ₹100.
1817. IPO guro |   Link |  Bookmark | June 13, 2022 7:09:03 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
There is a saying that the loincloth of a running ghost is good.

Anchor investors understand this very well.
1816. B.M.SURANA |   Link |  Bookmark | June 13, 2022 9:52:49 AM
IPO Guru IPO Guru (2600 Posts, 4800+ Likes)
अंग्रेजी में पढ़े लिखे "एक्सपर्ट" अपने को तिस मार खां समझते हैं! यह बात स्पष्ट कर दूं Forum पर किसी को मैं व्यक्तिगत ना जानता हूँ ना मेरा को लेना देना है! यह भी बता दूँ मैं Chennai/ Raipur से हूँ! ऐजेंडा कौन चला रहा है सबको मालूम है! मेरा ऐजेंडा 1 ही था नये और भोले भाले निवेशकों को घाटे से बचाना! और अंग्रेज़ी के ऐक्सपर्ट मैं बार बार "महान" लोगों का नाम मेनसन नहीं करता!
[ Before buying or selling consult with your financial advisor and do your own research मै शेयर बाजार का विशेषज्ञ नहीं हूँ ]
1816.1. B.M.SURANA |   Link |  Bookmark | June 13, 2022 2:52:56 PM
IPO Guru IPO Guru (2600 Posts, 4800+ Likes)
कम पढ़े लिखे और हिन्दी मिडियम में पढ़े लोग मुर्ख होते हैं??? उनको क्या मालूम LIC की कीमत??? और कुछ कह रहे हैं जिनके पास LIC के शेयर नहीं है वो चित्तौड़गढ़ Forum में क्यों है❓ क्या कर रहे हैं??? शेयर बाजार में शेयर होना जरूरी नहीं मंदी [ Short Selling ] करके भी पैसा कमाया जा सकता है!
[ Khela Hobe??? Roj Khela ho Raha hai LIC के शेयर में आज तो कमाल ही हो गया ]
1815. IPO guro |   Link |  Bookmark | June 13, 2022 2:22:27 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
IPO price ₹ 949
Current price ₹ 670
Down ₹ 280
or 30%
Ha ha ha bahut kam gira.
1815.1. B.M.SURANA |   Link |  Bookmark | June 13, 2022 2:33:11 PM
IPO Guru IPO Guru (2600 Posts, 4800+ Likes)
[ 5 ⭐⭐⭐⭐⭐ Hotel ka Paratha LIC ]

Taj Hotel Saturday Breakfast :

Gently browned, Delicately hand-rolled whole wheat pancakes Stuffed with a mixture of lightly spiced mashed potatoes,
Sauteed onions livened up with just a hint of chilli, Mint and Coriander, Topped with a swirl of Golden Butter

Accompaniments Fluffy yoghurt and young mangoes with spices,

Rs.2150/- + Taxes

(ALOO PARATHA + CURD + PICKLE)

Hindi Translation-
(आलू पराठा , दही और आचार )
1814. GJ 😀 |   Link |  Bookmark | June 13, 2022 1:57:07 PM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Nifty down by more than 3%, approx 500 points,
still, LIC is down by approx 5.5%
Anchor Investors' lock-in period is ended today and all of us were expecting heavy selling due to increased free float
still nothing like that (or kind of) happened
there are other stocks too, that fell more than or equal to LIC today
seems not so bad as what we were expecting
1814.2. GJ 😀 |   Link |  Bookmark | June 13, 2022 2:11:46 PM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
@colcol,
Yes, I was expecting it to be down approx 10-15%.
Not shorted bro, holding huge quantity, was worried.
Feeling a little bit relaxed now
1814.3. GJ 😀 |   Link |  Bookmark | June 13, 2022 2:13:56 PM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Waiting for some jump from current levels
to exit (partially) at minimum loss
1813. GJ 😀 |   Link |  Bookmark | June 13, 2022 1:57:28 PM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Nifty broke 15700 also
1812. yazoo |   Link |  Bookmark | June 13, 2022 12:42:38 PM
DIPAM Secretary Tuhin Kanta Pandey
LIC IPO met with tremendous success

LIC valuation is “fair and attractive”

expressed concern over fall in share prices of Life Insurance Corporation of India (LIC) and hoped that the insurer’s management would look into it.embedded value (EV) at the end of March will give a better picture of the insurer.

“The market has not got March EV hence it is conjecturing. Rate of future growth of insurance companies can only be assessed via EV.

“LIC would update its EV by June end,” the official said. As per the draft papers filed with Sebi, LIC’s EV was over ₹5.39 lakh crore as of September 2021.

The babu has questioned the markets logic and is now switching to IDBI disinvestment .. how will LIC rescue LIC ?? time will tell
1811. IPO guro |   Link |  Bookmark | June 13, 2022 12:04:19 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
लिस्टिंग से पहले ही बोल दिया था। दूसरा पेटीएम है। मैं तो इस तरह की कंपनी ₹10 में भी ना buy Karo.
1810. colcol |   Link |  Bookmark | June 13, 2022 10:28:51 AM (200+ Posts)
Many scrips are getting hammered in the market sell - off. However, unlike most of them, only LIC has enjoyed so much of institutional support. Many experts here were claiming that since LIC is a flagship IPO that will determine the future of the divestment programme, the government will pull out all the stops to ensure a bumper listing. The question is that if LIC can't find any buyers despite the best efforts of GoI, what will happen when it is left to fend for itself and more supply hits the market in the later divestment rounds ?
1810.1. yazoo |   Link |  Bookmark | June 13, 2022 10:38:01 AM
u cant fool all people all the time
LIC , NIACL, GIC , SCI look at all govt cos that have gone to IPO FPO etc right since Narsimha rao regime VERY FEW are IN THE MONEY most are in MASSIVE LOSSES

ONGC ipo happend at 725 during ATAL Behari regime ,, it is now at 160 ..
IDBI was first govt ipo i invested in , in losses now ,, sold at minor loss after some 10 yrs waiting

Govt treats psus as dustbins.puts its favourites in co boards. the psus have no right to earn , but ambani adani jindal essar etc have right to earn ,, this is not congress or bjp , sala govt ch** hai aur investing public ch*****..