www.kfintech.com IPO Allotment Status 2022 Check Online LIC Listing Date & Time- Finally, LIC the initial public offering ( IPO) has already opened on May 4th, 2022, and ended on May 9th, 2022. Many interesting Investors have subscribed to LIC IPO from May 2nd, 2022 through the official website i.e.www.kfintech.com and also check out the allotment status through this website. Now, the LIC IPO will announce the IPO allotment by 12th May 2022. The company will transfer the refunds to the investor’s Demat account on 13th May 2022. Therefore, the price band of LIC IPO ranges from Rs 902 to Rs 949 per equity share. As per the latest information, all the retail investors, QIB, and policyholders got a discount of up to Rs 60 per equity share. People can subscribe to the LIC IPO to get a good opportunity of earning a decent amount of profit. According to the red herring prospectus, LIC policyholders can invest money on 10% of total shares or up to 22,137,492 equity shares. If you already bid on the LIC IPO and are searching for the LIC IPO allotment status then you came to the right article page.
LIC IPO Allotment Status OUT, Link Given Below
LIC IPO Status Allotment Status
Life Insurance Company launched India’s biggest IPO on May 4th, 2022. However, LIC IPO is a good opportunity for investors who are looking for an IPO investment and want to earn huge profits. The LIC IPO is all ready to list on May 17th at BSE & NSE. Those investors who will allot the LIC IPO can able to check the allotment status on 12th May 2022 through Demat account and kfintech website. The rest of which shares are not allotted can expect the return by 13th May 2022 on their Demat account. Moreover, LIC equity shares will be credited to the investor’s demat account by 16th May 2022. While purchasing the shares of Life Insurance Company, bidders obtained the discounts of Rs 45 and Rs 60 per share. Those Policyholders who have already linked their PAN with the LIC policy before February 18th, 2022, can see the allotment status using online mode. The face value of the LIC IPO shares is fixed at Rs 10. Here is the good news for the people who subscribed on LIC IPO can check the allotment status with the help of application number, and PAN card number. The government had offered 221.3 million equity shares that are equivalent to the 3.5% company’s value. Out of which, 22 million equity shares have been reserved for the LIC policyholders and rest of were reserved for the other bidders. Moreover, 1.5 million shares have been aside for the employees. . For more update about LIC IPO Status date and time, keep reading this article page.
Overview of Life Insurance Company IPO Allotment 2022 Details
|Company||Life Insurance Company|
|IPO begins from||04 May 2022|
|IPO Ends on||09 May 2022|
|IPO price||Rs 902 to Rs 949 per equity|
|IPO market lot||15 shares|
|Face value of shares||RS 10 per equity share|
|IPO listed at||BSE & NSE|
|LIC IPO Allotment date||12th May 2022 (OUT)|
|Retail discount||Rs 45 per share|
|discount to employees||Rs 45 per share|
LIC IPO Allotment Date & Time
LIC IPO Status can be checked by its subscribers on 12th May 2022. Bidders require to open the Demat account to check the LIC IPO allotment status. As per the company’s policies, the equity shares will be credited to the bidder’s Demat account. LIC limited company is all set to be listed on May 17th, 2022 at BSE* NSE. The initiation of refunds will be complete on 13th May 2022 to those shares are not allotted. Check out the some LIC IPO benefits for LIC IPO subscribers mentioned below.
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- LIC has plans to offer the 10% of the total equity shares for its policyholders.
- The Company is also offering an extra discount of Rs 60 per equity share to the bidders.
- Those bidders who have participated in the LIC IPO will earn a decent profit.
IPO Allotment Schedule
|IPO Opening Date||May 4, 2022|
|IPO Closing Date||May 9, 2022|
|Basis of Allotment||May 12, 2022|
|Initiation of Refunds||May 13, 2022|
|The credit of Shares to Demat||May 16, 2022|
|IPO Listing Date||May 17, 2022|
LIC IPO Allotment Listing Date & Price
The Life insurance company ( LIC) has been the life insurer government-owned company since 1956. For more than 65 years, LIC has been offering Life insurance to its policyholders, employees, and other retail investors and is a most renowned brand. The LIC IPO is listed at NSE & BSE on 17th May 2022. The company has fixed the IPO price that ranges from Rs 902 to Rs 949 per equity. People who are going to bid on the LIC IPOs need to look out for the Company’s revenue, financials, shareholding pattern, and business. It is also important to the analysis of the industry and competitors. However, investing money in the LIC IPO will be profitable for the bidders.
How to Check LIC IPO Allotment Status at www.kfintech.com website
Step 1: First of all, bidders need to open the official website i.e.www.kfintech.com
Step 2: Then, search for the LIC IPO allotment status in the home page.
Step 3: Next, the page will automatically open the LIC IPO section.
Step 4: Bidders require to find the LIC IPO allotment status.
Step 5: Fill the login details such as registration number or PAN card number.
Step 6: Finally, click on the submit option and finally check the allotment status.
|LIC IPO Allotment 2022 Status||Check Here|
|Official Website|| www.kfintech.com
Bidders can check the LIC IPO allotment status through the KFintech website mentioned earlier.
LIC announced the LIC IPO allotment status on 12th May 2022.