LIC IPO gets SEBI Approval - Here is how to apply for LIC IPO

How To Apply LIC IPO ? - Is LIC IPO Good or Bad? Should you apply for LIC IPO? What is the Per Share price of LIC IPO Shares? Are you also looking for answers to these question, then we are here to answer!

Posted 2 years ago in Newspapers, updated 2 years ago.

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LIC IPO gets SEBI Approval

LIC GMP PRICE, LIC GREY MARKET PREMIUM, LIC GREY MARKET PREMIUM TODAY, LATEST LIC IPO GMP

LIC IPO has got SEBI's approval to list LIC - LIfe Insurance Corporation of India. LIC had applied for SEBI's approval, just like all other companies have to go through this process to list their company on BSE and/or NSE. 

LIC IPO Issue Size & Details

If successful, the IPO will turn LIC into the largest company in India, by market value. Right now, the top spot is occupied by Reliance Industry. The LIC has invested in most indian companies, with its diversified portfolio offering a number of investment options. However, the IPO may be marred by the LIC's investment in a number of non-performing companies. In any case, LIC is a cash-rich company with a strong consumer base.

The IPO is likely to be the largest in India, putting it ahead of Reliance Industry. The company will be selling 31.6 billion shares at a premium of between Rs 8,000 and Rs 1 lakh, which is double the company's current market value. The IPO will be held on a global stage, which has been a factor in the past year's high inflation rate. While this may be a detriment to the IPO, it is still an attractive opportunity for investors.

If you're thinking about investing in the LIC IPO, here's what you need to know. The LIC is the largest life insurer in India and has a market share of 64.1 per cent in new business premium. Additionally, LIC has the largest number of individual agents in the country, which makes it a prime candidate for IPO investment. The IPO will also increase the amount of money available to the government.

The size of the LIC IPO is a key factor. The company has been a leading player in the insurance industry for decades, and its presence in the market is unprecedented. Despite the huge size of the IPO, its share price ranges from Rs 1,600 to over $2900. As a result, the LIC IPO price is not too expensive, but it's not a bargain, either. It is still an excellent opportunity for investors to invest in the LIC IPO.

The LIC IPO is a 100% OFS (in other words, the LIC shares will be listed on the stock exchange). The government's approval of the IPO could mean that the government's interest in the IPO is sacrificed in the long term. While a discount is common among IPOs, it's unlikely to be worth much. It's not uncommon for the IPO price to be three times or more the current share price.

How to Apply for LIC IPO?

Steps to apply LIC IPO:

  • Log in to your Demat Account / or contact your bank/broker.
  • Fill out the From for IPO and select your desired lot size.
  • Approve payment with UPI.
  • Your application is submitted.
  • Wait for allotment.

LIC IPO Grey Market Premium

What is LIC IPO's Grey Market Premium / Price Today?

-45 Rs.

Kindly fill out IPO at your own risk. GMP is not an indicator of IPO Price. 


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