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LIC IPO Details

IPO Open May 4, 2022
IPO Close May 9, 2022
IPO Price ₹949
Face Value ₹10
IPO Size ₹21,008.48 Cr
Listing At BSE, NSE
Lot Size 15
Open an Instant Account with Zerodha
  1. Why Is LIC Share Price Falling?

    May 30, 2023 11:42:00 PM

    LIC or the Life Insurance Corporation of India is an Indian public sector life insurance company with total assets under management worth INR 41 trillion as of May 2022. LIC is India's largest ...

    Publish by : Forbes
  2. LIC valuation plummets ?2 trillion within a year of IPO: Analysts still bullish on buying

    May 30, 2023 12:34:00 AM

    In a surprising twist, LIC is under extreme pressure, with its valuation plummeting by a staggering ?2 trillion since its highly anticipated IPO (initial public offering) in May 2022. LIC listed its ...

    Publish by : Dazeinfo
  3. MC Explains : LIC’s transfer of funds to shareholders’ fund – is it a one-off event?

    Jun 1, 2023 4:01:23 PM

    The insurance behemoth reported a standalone net profit of Rs 13,427.8 crore for the quarter ended March, a more than five-fold increase from earnings of Rs 2,371.5 crore a year earlier. LIC moved Rs ...

    Publish by : moneycontrol.com on MSN
  4. LIC share price down 40% one year after IPO

    May 29, 2023 3:26:00 PM

    LIC had listed at over 8% discount on May 17 last year after a successful Initial Public Offering (IPO) which fetched Rs 20,557 crore to the exchequer. Shares of LIC had listed at Rs 872 on the ...

    Publish by : Your Story
  5. LICs Total Wealth Erosion: Over Rs 2 Trillion

    May 29, 2023 9:18:00 AM

    The decline in LIC's share price makes it the biggest wealth destroyer among IPOs which hit the market after COVID-19 took hold globally in 2020.

    Publish by : rediff.com
  6. Go Digit may enter life insurance in 6 months

    Jun 2, 2023 8:30:00 AM

    Go Digit will be the 25th firm in India’s insurance sector, which clocked new business premium of ?3.7 trillion in 2022-23.

    Publish by : Mint
  7. Go Digit Life Insurance receives IRDAIs approval to start business

    Jun 9, 2023 8:50:00 PM

    On March 31, Acko Life Insurance and Credit Access Life Insurance were allowed to carry out life insurance business. While allowing Acko and Credit Access Gramin, the regulator said another 20 ...

    Publish by : Business Standard
  8. Go Digit Life Insurance gets Irdai nod for life insurance business in India

    Jun 10, 2023 8:32:00 AM

    Go Digit General Insurance Ltd has refiled preliminary IPO papers with Sebi after making certain changes to its employee stock appreciation rights scheme.

    Publish by : Mint
  9. Go Digit Life Insurance Receives IRDAI Approval To Enter Life Insurance Market

    Jun 10, 2023 3:58:00 PM

    Go Digit Life Insurance has recently obtained the regulatory approval of the Insurance Regulatory and Development Authority of India (IRDAI) ...

    Publish by : Goodreturns
  10. Helios to float CAB Payments in London

    Jun 8, 2023 6:00:00 PM

    CAB Payments will aim for "substantially" higher free float than 10% minimum on LSE. Private equity firm Helios to float the company after owning it for seven years . Europe-liste ...

    Publish by : GlobalCapital
  11. Nuvama exits its first pre-IPO fund; invests in Ozone Overseas

    Jun 5, 2023 4:22:00 AM

    Nuvama PE is currently investing from its third late-stage/pre-IPO fund under the Crossover Opportunities banner. This fund has so far raised ?3,800 crore. The latest crossover fund has invested in ...

    Publish by : Indiatimes

LIC IPO Alerts

1. LIC IPO Listing Date & Info  Saturday, May 14, 2022 7:33:11 AM

The IPO Shares of Life Insurance Corporation of India (LIC) IPO are proposed to list on Tuesday, May 17, 2022 at BSE, NSE. The public issue of LIC IPO was opened on May 4, 2022 and closed for subscription on May 9, 2022. LIC IPO Listing Date and Information:

Life Insurance Corporation of India (LIC) Listing Date

Listing DateTuesday, May 17, 2022
BSE Script Code543526
NSE SymbolLICI
Listing In
ISININE0J1Y01017
Issue Price₹949 Per Equity Share
Face Value₹10 Per Equity Share

2. LIC IPO Allotment Status  Thursday, May 12, 2022 9:33:00 PM

The allotment status of Life Insurance Corporation of India (LIC) IPO is now available online. The public issue of LIC IPO was open on May 4, 2022 and closed for subscription on May 9, 2022. The equity shares of the company to be list at BSE, NSE.

3. LIC IPO Opens  Tuesday, April 26, 2022 10:03:04 AM

Life Insurance Corporation of India (LIC) is entering in the capital market with an IPO of 316,249,885 Equity Shares of Rs 10 aggregating up to Rs 30,012.11 Crore. The price for the issue has been set at Rs 902 - Rs 949 Per Equity Share.

LIC is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products.

The issue opens on May 4, 2022 and closes for subscription on May 9, 2022. The equity shares of the company to be list at BSE, NSE.

4. LIC IPO Closes  Tuesday, April 26, 2022 10:03:04 AM

The issue of Life Insurance Corporation of India (LIC) opens on May 4, 2022 and closes for subscription on May 9, 2022. The equity shares of the company to be list at BSE, NSE. The price for the issue has been set at Rs 902 - Rs 949 Per Equity Share.

LIC IPO News & Events FAQs

The LIC IPO is proposed to open on May 4, 2022. The IPO application ends on May 9, 2022.

Retail investors can apply in the retail or non-institutional investor category from May 4, 2022 to May 9, 2022. The LIC IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).

The LIC IPO will open for subscription on May 4, 2022. The public issue will close on May 9, 2022.