Life Insurance Corporation of India IPO
BSE, NSEClosed
May 4, 2022Open Date
May 9, 2022Close Date
TBAAllotment Date
May 17, 2022Listing Date
Subscription Details
View Subscription DetailsQIB2.83x
Retail0.00x
Employee4.40x
NIIs (Non-Institutional Investors)Main Category
2.91xOverall Subscription
Total Bids Received
2.95x
Updated: 10 Jul, 06:09 pm
Life Insurance Corporation of India IPO Issue Details
Issue Price₹902-949 Policy Holder Discount : ₹60 Per ShareRetail & EMP Discount : ₹45 Per Share Per Equity Share
Face Value₹10 Per Equity Share
Listing AtBSE, NSE
Listing DateMay 17, 2022
Company Information
LIC is India's only government-owned insurance provider company. It is the largest company in the Indian insurance space with a market share of above 64.1% in terms of premiums and 66.2% market share ...
Valuations
RoNW
45.65%
Financial Information (₹ in Crores)
| Metric | FY 21 | FY 21 | FY 20 | FY 19 |
|---|---|---|---|---|
| Total Assets | 4043459.67 | 3746404.46 | 3414174.57 | 3366334.61 |
| Total Revenue | 1519.72 | 2985.57 | 2730.95 | 2644.99 |
| Profit After Tax | 1504.01 | 2974.13 | 2710.47 | 2627.37 |
| Net Worth |
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1To achieve the benefits of listing the equity shares on the stock exchange.
- 2To carry out an offer for sale of 221,374,920 shares by selling shareholders.
Life Insurance Corporation of India – Promoter(s)
The President of India
acting through the Ministry of Finance
Government of India
Contact Details
Frequently Asked Questions — Life Insurance Corporation of India IPO
Download Mobile App
Get push notifications instantly when IPO allotment goes live!
Angel One
Free DematZero Brokerage Equity
Zerodha
Free DematIndia's #1 Stock Broker
Upstox
Free DematInstant Demat Account
