Life Insurance Corporation of India (LIC) IPO Message Board (Page 91)

It's Indian CO. like Saudi Aramco type listings, everything good but demand/supply not favourable for sometime.
Policy holders and empl. With some discounts will get 5-10% instant profits.
FDI direct root investment will be 20% for FII(I think there has to amendment in current lows)so FII will be interested with long term views
I have sold big IPOs via gray market and applied (sbicpl,paytm,Rpowr etc),this time too I will follow same strategy with some amount of shares hold for long term.
Nothing wrong with the company, but too large to digest for the market

PHs should apply with discount price

Early prediction of listings
It will list between price of PHs -- price for HNIs,QIBs and rise to QIBs for within sometime

so discount of PHs will be their Profits

@ KDKING SIR & Amit bhai
Here pe is not a valid conception. So 100 pe ,400 pe is far from the reality. Profit after tax shown here in this page may also not be correct as because LIC pays dividend to the Government(for its 5% share) every year amount of which is of the order of 2600 cr.
Here in this case a conception has to be developed which is called ''Embedded Value.'' By the by, the life insurance companies don't maintain P&L a/c for conventional type of business. So nothing as profit may be found except in other business which is small in comparison to the conventional business.
Here Revenue a/c is the main aspect which generates surplus 5% of which is given to the Govt every year. So , if 5% is 2600 cr, the total surplus amounts to 52000 cr.

Valuation shan't matter. Look at NMDC, a hefty dividend player. They never let it rise. It keeps gyrating between 85 - 170. It's the demand and supply that matters. Who would want to buy when everyone has shares? Add frequent OFS to that to complete the picture that has nothing but the false hope on the positive side.

@ Dada..any fair price ..

Emotions have no place in stock market. I do follow it always. But I treat LIC beyond all these rules. Having a great connect with LIC for three generations, now I am getting a chance to be an owner of a tiny portion of this ocean. Not really bothered about an opportunity here, but i feel responsibility to buy atleast a small quantity and hold forever. So I will apply atleast 1 lot in retail category irrespective of the valuation. If not allotted, i will buy 5 shares at any cost on listing and keep it forever as an integral part of my portfolio. This is purely for my satisfaction. No business view in it.
Apart from this, I will apply in HNI if i find it at good valuation.
Please do your own research or consult your financial advisor.

I have 5 policies of same PAN, can I apply 5 applications (different policy wise) in share holder quota Or only one?

Thanks for reply.

@ nick name

Relax bro! There's absolutely no reason to become anxious here. Everyone, will get more than what they could wish for. Even the Pani puri, Vada Pav vendor, Mochi next to one's house will be allotted to the teeth.

issue price may be around 2100 to 2200

LIC IPO will be followed by many dilutions of equities. I am not interested.

*LIC India IPO Details*

Issue Size : 31,62,49,885 Shares

Retail Quota : 35% of the Issue Size

There will be a Policyholders Quota & Discount in the IPO, Size not updated yet

*Record Date for Policyholders is 13 February, 2022*

I have taken one Policy on 12th Feb but they have not entered into system. they will update on 14th Feb. Will i be eligible for Policy holder quato or not.

@Devendra: I believe you will not be eligible for policy holder quota as DRHP filing date (13th Feb) will be considered as cut off date.

Don't worry there will be plenty of chances of allotment in Retail category as the issue size will be biggest in Indian stock market history. May be they will offer discount in retail quota like policy holder quota.

LIC files IPO Papers with SEBI

-Total shares offered in IPO are 31,62,49,885
-35% Retail
-10% Policyholder's Quota + Discount
-13th Feb 2022 is eligibility date for Policyholder
-PAN can be updated in Policy by 28th Feb 2022

I have 5 policy of LIC, can i applied 5 applications in policy holder quota?

Lic holds around 507.33 billion usd in total assets .8th largest in the world

Lic ipo coming this march

****Important****

As per DRHP cutoff date of policy holder is February 28, 2022

Note: A policyholder of our Corporation shall ensure that his / her PAN details are updated in the
policy records of our Corporation at the earliest. A policyholder who has not updated his / her PAN
details with our Corporation before expiry of two weeks from the date of the filing of this Draft Red
Herring Prospectus with SEBI (i.e., by February 28, 2022) shall not be considered as an Eligible
Policyholder

If the price more than 2000 , buy a lic policy than apply. Zindagi saath zindagi ki bad.

size of IPO is not we think like 75KCr +
just wait for the size of IPO, heard gov has reduced the size, as they also want to make sure they will come with a respected size which market can digest.
The price would be not in 4 digits which is for sure.

estimated Ipo size will be approx 25000 crs .
Retail size will be 35%
Approx 8500 crs for retail.
Shares available for retail 11,06,87459
Price range may be 700 -800 per share.
Approx pe would be 200

What is the expected price band?

May be At 13 lakh crore market cap with 5 % stake sale... So 65000 crore IPO... Discount may be at 5% for retail investors and Policy holders... listing will be above 15 lakh crore market cap...This is my own calculations.... Any others please share there views...

Price Band: 2100rs

DRHP filed

LIC

DRHP
https://www.sebi.gov.in/filings/public-issues/feb-2022/life-insurance-corporation-of-india_56035.html

Hi @lokes
Is it good to apply for LIC IPO? I am also a policy holder of LIC. Could you give your insights on this IPO.
Also i am holding shares of Kelton tech, i see its downside now. Can i hold this share for long term, like 2-3yrs?
I read your suggestions most of the times and has helped in analyzing stock market to an extent. Thank you for that

@LV: Let the price band and size of ipo come, then it will be more better to evaluate LIC ipo. For now, i think government will try everything for the ipo subscription and listing to be successful, already a lot of marketing is being done for this to get enough retail/policy-holder subscriptions and even so many new demat accounts are being opened especially for this.

Regarding kelton tech, sorry i don't track that share and no idea about that. One general thing i can say that retail investors many times don't keep any stoploss and share prices keep going down and people keep holding/averaging and that will increase losses so i feel even if someone stuck in some share or if share price is not moving as expected, then always better to come out of that by booking some loss/profit whatever remaining, by keeping emotions aside.

LIC may open 14/15 March before Holi. Regards

Not likely since tomorrow is 14th February. it may take 1nother 4-5 days to open.

14 March not feb

this will double the money in an year unless russia starts world war

World market will nosedive as soon as news of Russian strike start coming , report of Russian nuclear tanks too gathering near ukrain border...

Nifty may fall below 15000 as soon as Russia start war and if any nuclear weapons used then below 10000 in no time seems...

Is there chance of listing gain in this ipo?

@IPOBABY - "LIC and CIL?..."

If you observe ---> LIC is reverse of CIL 😅 😂 🤣

@all time high

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I appreciate your message without using bad word