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May 4, 2022 - May 9, 2022

LIC IPO FAQ

LIC IPO Date & Price

The LIC IPO opens on May 4, 2022 and closes on May 9, 2022.

LIC IPO timetable / schedule is as below:
  • Bid/Offer Opens On: May 4, 2022
  • Bid/Offer Closes On: May 9, 2022
  • Finalization of Basis of Allotment: May 12, 2022
  • Initiation of refunds: May 13, 2022
  • Credit of Equity Shares: May 16, 2022
  • Listing Date: May 17, 2022

LIC IPO price is set at ₹949 per equity share.

LIC IPO will close for subscription at 5 PM on May 9, 2022. But most brokers stop accepting application between 1 PM to 3 PM.

The LIC IPO starts on May 4, 2022. The issue ends on May 9, 2022.

LIC IPO Issue Size and Subscription Status

The LIC IPO size is 221374920 Equity Shares of ₹10 aggregating up to ₹21,008.48 Cr.

Life Insurance Corporation of India (LIC) is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for LIC IPO shares through the banks (using ASBA) or through the broker (using UPI).

LIC IPO Offer Size

Qualified Institutional Buyers (QIB)39,531,236 Shares
Non-Institutional Investors (NII)29,648,427 Shares
Retail Individual Investor (RII)69,179,663 Shares
Employee Reservations1,581,249 Shares
Other Reservations0 Shares
Total Issue Size162,078,067 Shares

LIC IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)2.83 times times
Non-Institutional Investors (NII)2.91 times times
Retail Individual Investor (RII)1.99 times times
Employee Reservations4.40 times times
Other Reservations times
Total Issue Size2.95 times times

Click here to check the LIC IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in LIC IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check LIC IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

LIC IPO Allotment and Listing

The LIC IPO allot status will be available online on May 12, 2022. Check the LIC IPO Allotment Status here.

Click here to check LIC IPO Allotment Status.

LIC IPO listing Date is May 17, 2022. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The LIC IPO listing date and time is published by the exchange in a circular.

Click here to view the LIC IPO Basis of Allotment.

It is hard to say at what price LIC IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The LIC IPO shares will list on May 17, 2022 at BSE, NSE.

LIC IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about LIC IPO which could help you with questions like LIC IPO buy or not? You should also read LIC IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

LIC IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the LIC IPO performance. The performance reports are available 1 day after listing.