Look at LIC IPO GMP otherwise known as IPO Gray Market Premium, Kostak rates, and Subject to Sauda rates as of today. LIC IPO GMP looking solid with going high consistently from 25 to 75 levels. Remain tuned for the most recent IPO GMP quantities of LIC IPO.
LIC IPO is to hit the market on May 04, 2022, according to the RHP filed by LIC on April 26, 2022. The company to raise Rs. 21,008 crores by means of IPO that involves Rs.- crores of fresh issue and the OFS of 221,374,920 Equity Shares. LIC is the greatest IPO and driving Insurance Company in India. The government will sell its 3.5% stake by means of LIC IPO. The company reported revenue of Rs. 2986 crores in 2021 against the revenues of Rs. 2731 crores in 2020. The IPO price band is fixed at Rs.902 to Rs.949 Per Equity Share. The LIC IPO to list on NSE and BSE.
Contents
What is LIC IPO GMP Today?
The LIC IPO GMP otherwise known as dark market premium is Rs.75.
What is LIC IPO Kostak Rates Today?
The LIC IPO kostak rate is Rs.1000.
What is LIC IPO Subject to Sauda Price Today?
The LIC IPO subject to sauda rates is Rs.1500.
LIC IPO Expected Returns?
The LIC expected return is 8%.
LIC IPO GMP Live Rates day by day with Kotak rates
| Date
|
GMP
|
Kostak | Subject to |
| 29 April | Rs.75 | Rs.1000 | Rs.1500 |
| 28 April | Rs.45 | Rs.800 | Rs.1100 |
| 27 April | Rs.25 | Rs.500 | Rs.1000 |
| 26 April | Rs.25 | Rs.400 | ₹- |
LIC IPO Date & Price Band (Final)
| IPO Open: | 04 May 2022 |
| IPO Close: | 09 May 2022 |
| IPO Size: | Approx Rs.21,008 Crores |
| Fresh Issue: | Approx – Crores |
| Offer for Sale: | Approx 316,249,885 Equity Shares |
| Face Value: | Rs.10 Per Equity Share |
| Price Band: | Rs.902 to Rs.949 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | Rs.60 for Policy Holders & Rs.40 for Retail & Employees |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
LIC IPO Market Lot Size
The LIC IPO least market lot is 15 shares with Rs.14,235 application amount. The retail investors can apply up to 14 lots with 210 shares or Rs.199,290 amount.
| Minimum Lot Size: | Minimum 15 Shares for 1 lot |
| Minimum Amount: | Rs.14,235 for 1 lot |
| Maximum Lot Size: | Maximum 210 Shares for 14 lot |
| Maximum Amount: | Rs.199,290 for 14 lot |
LIC IPO Allotment & Listing Dates
The LIC IPO date is 04 May 2022 and the close date is 09 May 2022. The LIC IPO allotment will be settled on 12 May 2022 and the IPO listing on 17 May 2022.
| Price Band Announcement: | 26 April 2022 |
| Anchor Investors Allotment: | 02 May 2022 |
| IPO Open Date: | 04 May 2022 |
| IPO Close Date: | 09 May 2022 |
| Basis of Allotment: | 12 May 2022 |
| Refunds: | 13 May 2022 |
| Credit to Demat Account: | 16 May 2022 |
| IPO Listing Date: | 17 May 2022 |
More Details: Financial Solving
