LIC IPO 2022 Date, Share Price, GMP, Policy Holders Benefits, Listing, Valuations details here. The Life Insurance Corporation of India is all set to release make its IPO Launch in the trading sector. The Finance Minister of the country is looking into the matter personally as it is the most trusted insurance company in the country. LIC IPO Launch date is 04th May 2022. Investors and Traders have shown their keen interest in buying the share. Now in this article, you will get information about LIC IPO Allotment date, Share Price, Listing, Issue Date, Allotment also about LIC IPO Share price and GMP etc.
LIC IPO 2022 Date
LIC Bid status 2022 will be soon activated on this page. Along with that, you will have information about LIC IPO Allotment date 2022 too. This share is estimated to be lucrative hence it is recommended to invest in the share as soon as possible. LIC IPO 2022 share face value is expected to be 10 rupees at its opening. It is the first time that the company is dwelling in the share market. Those who want to purchase a share of LIC must seek proper guidance from their broker and the company.
Apparently the company has made it clear that a 10% share of the total will be reserved by the company for the policyholders. Those policyholders who are interested in LIC share must link their PAN card first to their respective policy number. If it is not linked then you won’t able to be part of LIC IPO 2022.
|Name of the Company||Life Insurance of Corporation (LIC)|
|LIC IPO Issue Date||From 04 May 2022|
|IPO Closing Date||09 May 2022|
|LIC IPO Allotment Date||12 May 2022|
|Issue Price||902-946 Rupees|
|Face Value||Rs 10|
|IPO Size||19,968.02 – 21,008.48 Cr|
|Highest value of LIC GMP||3200|
|Lowest value of LIC GMP||1500|
|IPO Listing Date||17th May 2022|
|NCIPM Link||Click Here|
LIC IPO Share Price 2022
The Face value of LIC IPO has been stated as Rupees 10 as of now. Reports suggested that LIC IPO will range from 400 Rupees to 600 Rupees. This is just the estimate and not official data. LIC has been contributing to the country’s economy and GDP for a long. Apparently, on its announcement of IPO, it is pretty evident that this will give a boost to the market and economy. Every share goes through fluctuations and LIC shares may likely undergo as well. But it will give their investors and traders a good return after a certain time.
LIC IPO 2022 GMP Price
The Life Insurance Of India is largest Insurance Company and finally it is going to launch its IPO. There are certain points that all traders and buyers must consider before they opt for LIC IPO 2022. Check out details about LIC IPO GMP 2022:
- The face value of LIC IPO is Rupees 10.
- The minimum investment needed for the LIC share will be updated shortly.
- The LIC GMP will range from 1500 to 3200 Rupees.
- LIC issue price will also be between 2000 to 2100 Rupees.
These all details must be undertaken by the buyers and traders before they invest in LIC Share. So people need to stay tuned here for latest update.
About LIC Company, Market
Life Insurance Corporation of India which is also known as LIC is one of the best-known insurance companies in the country. A large chunk of the population that believes in insurance relies on LIC. The total market share which holds by LIC is about 66%. It not only deals with insurance products but also non-insurance products. For instance pensions, health insurance, annuities, saving insurance, and much more.
FAQs About LIC IPO Date, Share Price, GMP, Allotment
Yes, you can start the registration process.
Yes, it will be safe. You may likely see fluctuations but you will get better results in the future.