LIC IPO 2022

LIC IPO 2022: Dates, Allotments, Price & Link Pan for IPO

LIC IPO 2022 is an upcoming Indian initial public offering in which the Life Insurance Corporation of India will sell up to 20% of its shares to the public. The IPO is scheduled to take place in early 2022 and will be the largest in Indian history. The proceeds from the sale will be used to fund the expansion of LIC’s business, including its life insurance and pension products.

The government owns 100 per cent of the Life Insurance Corporation of India. The second LIC IPO will be an entirely offer for sale. The government intends to sell off 5 per cent of shares in its Life Insurance Corporation of India holding 316,249,885 shares altogether.

The IPO is 100 per cent OFS by the Government of India and no fresh issue of shares by Life Insurance Corporation of India. For valuation, there are 31.6 crore shares issued and available for 5 per cent equity, tweeted Dipam secretary Tuhin Kanta Pandey.

LIC IPO 2022 Objectives

LIC IPO 2022

The aims of LIC’s IPO are to (i) maximize the shares’ benefit on the market, and (ii) carry out the sale of up to 316,249,885 shareholdings by the Selling Shareholder.

After the Ministry of Finance (the president of India acting in his capacity as head administrator of the ministry) deducts the bank taxes and shares expenses from the Offer’s proceeds, the company’s selling party (president of India acting through the Ministry of Finance, Government of India) will take the entire means of the sale. Our Corporation will not collect any proceeds from the offer, as per the prospectus draft.


LIC IPO 2022 Valuations

LIC IPO 2022

LIC IPO’s embedded value was approximately Rs 5.39 lakh crore as of September 30, 2021. The embedded value will be three to four times this value.

LIC IPO 2022 Allocation for Anchor Investors

For the Qualified Institutional Buyers (QIB), Reserves +50% Variable Interest Cumulative Redeemable Preferred Shares (LIC-VP) of the IPO by the LLC. for Non-Institutional Investors (NII) was a quota was fixed at 15%. So for Retail Investors, Reserves + 35% Principal issuance value of the Offering Shares (LIC-PF).

LIC IPO 2022 Quota for QIB, NII and Retail Investors

The government has granted Life insurance Corporation the territorial right to access nearly all of its LIC policyholders, granting it access to more than three dozen billion LIC policyholders. A discounted portion of the LIC IPO will be available within a first-of-a-kind policyholders’ quota, and a smaller section of the IPO will be available at a discount to the LIC’s employees.

LIC IPO Quota for Policyholders, Employees

The government granted the company permission to tap into the beneficiaries numbering roughly 30 crores of any company offering LIC policies, reserving 10 per cent of them for the government-sponsored LIC IPO. Within a first-ever policyholders’ quota, a 10 per cent portion of the LIC IPO will go on sale at a discounted price for employees.

LIC Life Insurance Corporation of India: Profile of Largest Life Insurer of India

Established in 1872, LIC is the oldest Indian insurance company to hold a 64.1 per cent market share in terms of premium (or GWP), a 66.2 per cent market share in terms of new business premium (or NBP), a 74.6 per cent market share in terms of a number of individual policies issued, and an 81.1 per cent market share in terms of a number of group policies issued in its fiscal year 2021. Between March 31, 2021, and November 30, 2018, the draft paper had indicated that 55 per cent of all individual agents in India were located within a specific area.

LIC IPO 2022 Listing Dates

India’s biggest IPO, LIC IPO, is expected to hit the market early on or around the second week of March.

Company NameLife Insurance of India (LIC)
LIC IPO 2022 Date 10th March 2022
RegistrarKFin Tech  Technologies Private Limited
LIC IPO Bid Start Date10-Mar-22
Last Date to bid14-Mar-22
Minimum Investment for LIC IPO14,700 INR
LIC IPO Size1,00,000 Crore
LIC IPO GMP2000 INR  (Approx)
LIC IPO Price Band2,000 INR To  2,100 INR
QIB Quota50%
Retail Investors Quota35%
LIC IPO Allotment DateBy 25 March 2022
LIC IPO Share Price Face ValueRs 10/-
LIC IPO for PolicyholdersAvailable (Ask  your Insurance Agent to provide details)
LIC IPO Status Check, 

Appy To LIC IPO 2022 With App





Link Your Aadhaar And Pan With Lic Policy for IPO

The Indian government has made it mandatory to link Aadhaar and PAN with life insurance policies. This is being done to prevent fraud and to ensure that only genuine policyholders are able to claim the benefits of their policies. The government has also made it mandatory for all taxpayers to link their PAN with Aadhaar. This is being done to reduce tax evasion.

The linking of Aadhaar and PAN with LIC policy is a measure to prevent money laundering and to provide better customer service. The linking allows LIC to verify the identity of the policyholder and also helps in detecting any fraudulent transactions. The process is simple and can be done either through the LIC website or by visiting a LIC branch.

4 Steps to Link Your PAN With Lic Policy for IPO

LIC IPO 2022 Pan Registration
  1. Keep your PAN card and list of policies handy.
  2. The mobile number must be entered.
  3. LIC will send an OTP to the mobile number entered.
  4. Upon submitting the form, a message explaining the success of the registration request will appear.
  5. Click on Proceed


LIC IPO 2022 : The conclusion

In conclusion, the upcoming LIC IPO 2022 is set to be a landmark event for the Indian economy. The offering is expected to be one of the largest in history, and it will provide opportunities for investors from around the world. With the Indian stock market performing well recently, this could be a great time to invest in India. So make sure to keep an eye on LIC IPO 2022, and don’t miss your chance to participate in this historic event.

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