LIC IPO GMP Today, Allotment Date & Time, Price, Lot Size, Subscription Status, Grey Market Premium Check Here- LIC company IPO shares will open on 4th May 2022 which will be started for 6 days and ends on 9th May 2022. LIC is going to allow the IPO shares to the Demat account on 16th May 2022. LIC shares will be listed at BSE & NSE on 17th May 2022. Therefore, LIC employees will get an extra discount, they can subscribe to the LIC IPO at a price of Rs 45 per share. Moreover, LIC policyholders can also grab the discount at LIC IPO of Rs 60 per share. Investors who are planning to subscribe to LIC IPO will earn decent profits in the upcoming days. For more updates regarding LIC IPO GMP Today Price (Live), Subscription Status, IPO date, review, etc.
LIC IPO GMP Today Price
Life Insurance Company will start the initial price offering (IPO) on 4th May 2022, which will remain closed on 9th May 2022. People usually participate in the company’s IPO to book decent profit. So, investing money in the Life insurance Company’s IPO will be a good opportunity for people who want to earn lots of profits through its subscription. All the LIC holders can quickly participate in the LIC IPO without facing any problems. The price band of LIC IPO has already been fixed between Rs 902- Rs 949 per share. According to today’s market, the Grey Market Price (GMP) of LIC shares has reached Rs 70, which is the highest price. Yesterday, GMP Price was Rs 50. The government is the holder of LIC Company, which fixed the face value of shares at 10 Rs per share. As we will talk about the previous year’s earnings of LIC, the company has made a huge profit. Therefore, investors can bid at LIC at a minimum of 15 shares.
LIC IPO 2022 Schedule
|LIC IPO Opening Date||4 May 2022|
|LIC IPO Closing Date||9 May 2022|
|Basis of Allotment Date||May 12, 2022|
|Initiation of Refunds||May 13, 2022|
|The credit of Shares in to Demat Account||May 16, 2022|
|IPO Listing Date||May 17, 2022|
Life Insurance Company (LIC) IPO 2022 Details
|Name of company||Life Insurance Company|
|IPO starts on||4th May 2022|
|Closing date||9th May 2022|
|IPO GMP price||Rs 75|
|IPO size||21,2008 Crores|
|Face Value||Rs 10 per equity share|
|Listing at||BSE & NSE|
|Price Band||Rs 902- Rs 949 per share|
LIC India IPO 2022 Subscription Status
LIC company is one of the largest companies in India and is all set to start IPO the next week. LIC company has fixed their IPO Price Band between Rs 902- Rs 949 per share. However, LIC holders require to link their PAN card with the LIC policy. The total amount of Rs 199,290 shares can be subscribed to up to 14 lots by retail investors. As per the latest details, LIC company will hit primary markets with the IPO allotment next month.
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LIC IPO Grey Market Premium 2022
LIC company is a government based company, which has its main headquarter in Mumbai. The issue size of LIC IPO is 21,2008 Crores. Moreover, in the Grey market premium, LIC shares are trading at RS 70 today which means LIC IPO can reach 5% higher than its current price. If we observe LIC has begun with the Rs 20 premium in GMP which will reach the Rs 25 on Monday. Check out the below LIC IPO Grey Market Price Table ( Live).
LIC IPO GMP Today Price Details
|27th April 2022||Rs 25|
|28th April 2022||Rs 45|
|29th April 2022||Rs 75|
|30th April 2022||Rs 90|
|1st May 2022||Rs 85|
|2nd May 2022||Rs 85|
|3rd May 2022||Rs 85|
|4th May 2022||Rs 65|
|5th May 2022||Rs 60|
|6th May 2022||Rs 55|
|7th May 2022||Rs 50|
|8th May 2022||Rs 50|
|9th May 2022||Rs 45|
LIC IPO Date, Price Analysis
- Life Insurance Company is going to begin their next IPO on 5th May 2022.
- LIC will close their IPO allotment on 9th May 2022.
- The price of LIC IPO ranges from INR 902 to INR 949 per equity share, a quick 5 % gain can be expected while listing that can fluctuate later.
- There is an amazing discount of Rs 60 per equity which can be applied by LIC shares holders.
- Moreover, LIC Employees will also get discounts, thus they can subscribe to LIC IPO at discontent INR 45.
- The company plans to offer 221.3 million worth of shares which is equal to the 3.5 % value of the company.
Why Should You Invest in LIC IPO?
Life Insurance Company is a well-known government-owned company. If any life insurance holder wants to invest in LIC IPO then it is necessary to link the PAN card with the LIC policy. LIC IPO will go live in the market on 4th May 2022. The experts in the field have a belief that both retail and institutional investors will be highly interested in the shares of the LIC leading to a good hike in the prices of the shares. According to the reports, LIC IPO can bring a good return for its investors, so people can invest money in LIC IPO and can expect profit in long run. The LIC IPO is the best chance to get high growth in wealth.
LIC IPO will conclude on 9th May 2022.
The face value of LIC IPO is fixed at INR 10 per equity share.
LIC IPO is available from 4th May 2022.