LIC IPO (Preliminary Public Providing) has opened for subscription in the present day and the general public situation price ₹21,008.48 crore will stay open for subscription until ninth Could 2022. The Authorities of India (GoI) has mounted LIC IPO’s situation worth at ₹902 to ₹949 per fairness share. The GoI has introduced ₹60 per share low cost to LIC policyholders and ₹45 per fairness share low cost to LIC staff making use of for the LIC public supply. In the meantime, gray market can be giving optimistic alerts in regard to the general public situation as shares of LIC can be found at a premium of ₹65 within the gray market in the present day.
Right here we record out essential LIC IPO particulars:
– LIC IPO GMP: In line with market observers, LIC IPO gray market premium (GMP) in the present day is ₹65, which is round ₹20 larger from its in the present day morning gray market premium of ₹85.
– LIC IPO subscription standing: The general public situation of the insurance coverage behemoth has been subscribed 0.44 instances by 02:23 PM in the present day whereas its retail portion has been subscribed 0.47 instances. The policyholder section has been practically totally subscribed at 1.49 instances and worker section subscription stands at 0.7 instances.
– LIC IPO worth: The Authorities of India has mounted worth band of the general public situation at ₹902 to ₹949 per share.
– LIC IPO dimension: The GoI goals to boost ₹21,008.48 crore from this public issuer.
– LIC IPO lot dimension: A bidder will be capable to apply for LIC IPO in heaps and one lot will comprise of 15 LIC shares.
– LIC IPO utility restrict: One bidder has been allowed to use for minimal one lot and most 14 heaps.
– LIC IPO low cost: The GoI has introduced ₹60 per fairness share low cost for candidates making use of below ‘policyholders’ class whereas it has introduced a reduction of ₹45 per fairness share to candidates making use of below ‘staff’ class.
– LIC IPO allotment date: The tentative date for announcement of share allotment is twelfth Could 2022.
– LIC IPO itemizing: The general public situation will record on NSE and BSE and the probably date for LIC share itemizing is seventeenth Could 2022.
– LIC IPO registrar: KFin Applied sciences Restricted has been appointed as official registrar of the general public situation.
– LIC IPO nature: The ebook constructed situation is 100 per cent supply on the market (OFS) in nature.
Supply: Live Mint