LIC IPO Date 2022, Price, GMP, Size Details

By | February 28, 2022

LIC IPO Date 2022, Price, GMP, Size Details

The LIC IPO date, according to Reuters, has been fixed around March 11, 2022. Centre Allows 20 Per Cent FDI To Facilitate Disinvestment.

Life Insurance Corporation (LIC) had filed DRHP with SEBI on February 13, 2022. The issue will be opened for the public in March. It is going to be the country’s largest initial public offer (IPO). 10 per cent of the shares of the company will be reserved for the LIC policyholders.

LIC IPO News: Last date to link policies with PAN is today; see step-by-step guide of linking process

The process of linking the LIC policies with PAN is not difficult at all. One has to follow some simple steps to complete the entire process. The steps for following the process are as follows:

Step 1: In the first place, one has to login to the official website of LIC at licindia.in

Step 2: Now, one has to select the ‘Online PAN Registration’ option which is present on the homepage

Step 3: The user now will have to keep the PAN card the list of policies to be linked in handy

Step 4: The user will now have to click on the ‘Proceed’ option

Step 5: The user will have to enter his or her e-mail ID, PAN number, mobile number, policy number and after entering the Captcha will have to click on ‘Get OTP’

Step 6: The user will then have to enter the OTP received on the mobile number

Step 7: After submitting the form, a message will be shown on the success of the registration request.

In this regard, it can be said that on Saturday, the union cabinet approved the foreign direct investment (FDI) proposal of investing up to 20 per cent in LIC IPO.

In case of further details and query, one can login to the official website of LIC at licindia.in.

Stay Updated with www.ojasnews.in for Latest updates

FAQ :

When did LIC IPO open?
The LIC IPO is expected to open on March 11 for anchor investors and a couple of days later for other investors. The insurance giant is expected to get regulatory approval by the first week of March, following which an indicative marketing price band will be set.
What is LIC IPO price?
LIC IPO | LIC issue size could range from Rs 53,500 crore to Rs 93,625 crore; issue price may be Rs 1,693-2,962 per share.
What is IPO issue date?
IPO listing date is the date of new IPO listing in NSE and BSE (Mainboard IPO). This is the day when IPO shares start trading at the stock exchanges. The IPO listing price calculation is based on the demand and supply of the company shares.

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