LIC IPO share allotment status can be checked on NSE, BSE, and registrar portals.
LIC IPO share allotment status on NSE: Life Insurance Corporation IPO (Initial Public Offering) has opened for subscription. The public issue is worth Rs. 21,008.48 crore. It opened for subscription on May 4 and will continue till May 9, 2022. The Government of India (GoI) has fixed LIC IPO’s issue price between Rs. 902 and Rs. 949 per equity share. Additionally, The GoI has announced Rs. 60 per share discount to LIC policyholders and LIC employees will get LIC share at Rs. 45 per equity share discount to LIC employees applying for the LIC public offer. Those who get lucky after subscription can check LIC IPO share allotment status on NSE this way.
LIC IPO subscription was 0.44 times by 02:23 PM today whereas the shares set aside for retail buyers was subscribed 0.47 times. The policyholder portion was booked 1.49 times and the employee segment was subscribed at 0.7 times. Check the details of LIC IPO, GMP and how to check on NSE here.
LIC IPO GMP:
According to market observers, LIC IPO GMP is Rs. 65, which is around Rs. 20 higher from what it was today morning, which was Rs. 85. A bidder can apply for LIC IPO in lots and one lot will comprise 15 LIC shares. Each person can apply for minimum one lot and maximum 14 lots.