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Home/ Are You A Trader/  Market Info/  IPO/  IPO /  IPO Snapshot

Basis Of Allotment

Life Insurance Corporation of India
Issue Open Date 04-May-22  
Issue Closing Date 09-May-22  
Application Money 100  
Allotment Money  
Price Band (Rs.) 902 - 949  
Minimum Bid Quantity. 15  
Issue Size (Shares) 162078067  
Market Lot 1  
Objective :

(i) achieve the benefits of listing the Equity Shares on the Stock Exchanges.(ii) carry out the Offer for Sale of up to 221,374,920 Equity Shares by the Selling Shareholder (President of India, acting through the Ministry of Finance, Government of India).

Business Description

Our Corporation has been providing life insurance in India for more than 65 years and is the largest life insurer in India, with a 64.1% market share in terms of premiums (or GWP)...

Promoter's Holding
Total Share Capital   6324997701  
Offered to Public   162078067  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   96.5  
Address
' Yogakshema '
Jeevan Bima Marg


Mumbai ,
Maharashtra ,
400021
Phone : 022-66599335 / 9334/ 9391/ 9464
Email : investors@licindia.com
Website : www.licindia.in
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
BofA Securities India Ltd.
Citigroup Global Markets India Pvt Ltd.
Goldman Sachs (India) Securities Pvt Ltd
ICICI Securities Ltd
JM Financial Ltd.
JP Morgan India Pvt Ltd
Kotak Mahindra Capital Co Ltd
Nomura Financial Advisory & Securities (India) Pvt Ltd.
SBI Capital Markets Ltd
Promoters
The President Of India
Acting Through The Ministry Of Finance
Government Of India
Attention Investors KYC ASBA

Attention Investors

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

BSE / NSE SEBI Registration No. INZ000279232, Depository Participant SEBI Registration No. – IN DP CDSL 132-2015
Mutual funds - ARN No. 81648 , Investment Adviser SEBI Registration No. : INA000008668.
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Download Client Registration Documents

Download Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don't's) in Vernacular Language :
Assamese Bengali Gujarati Hindi Kanada
Kashmiri Konkani Malyalam Marathi Oriya
Punjabi Sindhi Tamil Telegu Urdu

NOTE : " This document is a translated version of the client registration documents in English and is being provided in vernacular language to facilitate better understanding by the investors. In case of any ambiguity, the contents of the English version would prevail. "