INDIA'S BIGEST IPO- LIC OF INDIA
LIC OF INDIA
~64% market share in terms of premiums.
indias largest insurance platform.
globle plateform.
LIC IPO
All the people of LIC IPO were eagerly waiting. thish ipo is bigest ipo in india 20000cr.The LIC IPO, which is the country’s biggest-ever public offering so far, has become the most talked about topic since the company decided to go public. The Indian government, which is the 100% owner of the insurance giant, will offload 3.5% of its stake in the company through the IPO route.
As of December 31, 2021, LIC had 4,983 offices spread across all 36 states and union territories of India. This comprises one central office, eight zonal offices, 113 divisional offices and over 4,700 branch/satellite and mini offices.
LIC IPO DATE,GMP,SIZE AND PRICE
Out of 22.1 crore shares being offered by the government, 35% are reserved for retail investors, 15% for non-institutional investors (NIIs) and 50% for Qualified Institutional Buyers (QIBs). To give you a clear picture of the LIC IPO, we have gathered all the relevant IPO details.
Minimum invest value ; 13,530.00
LIC IPO IMPORTANT DATE'S
| Detail's | Date's |
|---|---|
| Bidding starts | 04 May ‘22 |
| Bidding ends Allotment finalisation | 09 May ‘22 |
| Refund initiation | 12 May ‘22 |
| Demat transfer | 13 May ‘22 |
| Listing | 17 May ‘22 |
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