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Life Insurance Corporation of India (LIC) IPO Share Price

Life Insurance Corporation of India (LIC) IPO Details
IPO Open: May 4, 2022
Issue Type: Book Built Issue IPO
IPO Price: ₹ 902 to ₹ 949 per equity share
Market Lot: 15 Shares Share
Min Order Quantity: 15 Shares
Listing At: BSE, NSE
Issue Size: aggregating up to ₹ 21,008.48 Cr
Offer for Sale: aggregating up to ₹ 21,008.48 Cr

Life Insurance Corporation of India (LIC) IPO Tentative Timetable

LIC IPO opens on May 4, 2022, and closes on May 9, 2022. The LIC IPO bid date is from May 4, 2022 10.00 A.M. to May 9, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

IPO Open Date: May 4, 2022
IPO Close Date: May 9, 2022
Basis of Allotment Date: May 12, 2022
Initiation of Refunds: May 13, 2022
Credit of Shares to Demat Account: May 16, 2022
IPO Listing Date: May 17, 2022

Life Insurance Corporation of India (LIC) IPO Lot Size

The LIC IPO lot size is 15 shares. A retail-individual investor can apply for up to 14 lots (210 shares or ₹199,290).

Minimum Lot Size: Minimum 15 Shares for 1 lot
Minimum Amount: ₹ 14,235 for 1 lot
Maximum Lot Size: Maximum 210 Shares for 14 lot
Maximum Amount: ₹ 199,290 for 14 lot
life insurance corporation ipo
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