Life Insurance Corporation of India (LIC) IPO
Life Insurance Corporation of India (LIC) IPO is listed on BSE and NSE, priced at ₹902–₹949 per share. The stock debuted at ₹872. The IPO had a lot size of ₹15 shares and a minimum investment of ₹14,235.
Life Insurance Corporation of India IPO (LIC IPO)
- IPO Dates
- May 4, 2022 – May 9, 2022
- Price band
- ₹902-949 per equity share
- Minimum Investment
- ₹14,235
- Issue size
- Offer for Sale : 221,374,920 Eq Shares of ₹10(aggregating up to Approx ₹21,008.48 Cr)
- Lot size
- 15
- Allotment Date
- May 12, 2022
- Listing
- May 17, 2022
- Listing At
- BSE, NSE
IPO timeline
-
May 4, 2022
Open Date
Completed
-
May 9, 2022
Close Date
Completed
-
May 12, 2022
Allotment Date
Completed
-
May 17, 2022
Listing Date
Completed
Price Summary
- Last closing
- 830.20 (-12.52%)
- 52 week high
- 980.00
- 52 week low
- 721.50
- Last update
Life Insurance Corporation of India (LIC) IPO Essentials
Life Insurance Corporation of India (LIC) IPO Details
Life Insurance Corporation of India (LIC) IPO is priced at ₹902-949 per share with a total issue size of Offer for Sale : 221,374,920 Eq Shares of ₹10(aggregating up to Approx ₹21,008.48 Cr). The IPO has a lot size of 15 shares and is listed on BSE and NSE.
- Issue price
- ₹902-949 per equity share
Policy Holder Discount : ₹60 Per Share
Retail & EMP Discount : ₹45 Per Share - Lot size
- 15 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Offer for Sale : 221,374,920 Eq Shares of ₹10(aggregating up to Approx ₹21,008.48 Cr)
- Listing at
- BSE, NSE
- List price
- 872.0(NSE)
- Listing date
- Registrar
- KFintech Private Limited
- Lead manager
-
Axis Capital Limited,BofA Securities India Limited,Citigroup Global Markets India Private Limited,Goldman Sachs (India) Securities Private Limited,ICICI Securities Limited,J.P. Morgan India Private Limited,JM Financial Consultants Private Limited,Kotak Mahindra Capital Company Limited,Nomura Financial Advisory And Securities (India) Pvt Ltd,SBI Capital Markets Limited
Life Insurance Corporation of India (LIC) IPO Analytics
Life Insurance Corporation of India (LIC) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Life Insurance Corporation of India (LIC) IPO Subscription Status
Life Insurance Corporation of India (LIC) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 39,531,236 |
29,648,427
|
69,179,663 | 1,581,249 | 162,078,067 |
|
Day 1
04-05-22 07:00 PM
|
0.33 x |
0.27x
|
0.60x/ x | 1.17 x | 0.67 x |
|
Day 2
05-05-22 07:00 PM
|
0.40 x |
0.47x
|
0.93x/ x | 2.22 x | 1.03 x |
|
Day 3
06-05-22 07:00 PM
|
0.56 x |
0.76x
|
1.23x/ x | 3.06 x | 1.38 x |
|
Day 4
07-05-22 07:00 PM
|
0.67 x |
1.08x
|
1.46x/ x | 3.54 x | 1.66 x |
|
Day 5
08-05-22 07:00 PM
|
0.67 x |
1.24x
|
1.59x/ x | 3.79 x | 1.79 x |
|
Day 6
09-05-22 07:00 PM
|
2.83 x |
2.91x
|
1.99x/ x | 4.40 x | 2.95 x |
Life Insurance Corporation of India (LIC) Valuations
Earnings
- EPS (Post IPO)
- ₹4.70/-
- P/E Ratio
- 202
Returns
- RoNW
- 45.65%
Life Insurance Corporation of India (LIC) Financials( In Crs.)
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 40,43,459.67 | 37,46,404.46 | 34,14,174.57 | 33,66,334.61 |
| Revenue | 1,519.72 | 2,985.57 | 2,730.95 | 2,644.99 |
| Profit After Tax | 1,504.01 | 2,974.13 | 2,710.47 | 2,627.37 |
Life Insurance Corporation of India (LIC) Company & Offer Insights
About Life Insurance Corporation of India (LIC)
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 in terms of New Business Premium. The company offers participating insurance products and non-participating products i.e. unit linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products.
As of 30 Sep, 2021, it has a total AUM of Rs. 39,558,929.24 million. The company has 8 Zonal offices in Delhi, Mumbai, Kolkata, Chennai, Kanpur, Patna, Bhopal, and Hyderabad. As of 30 Sep 2021, the firm operates through 2048 branches, 113 divisional offices, and 1,554 Satelite offices.. It operates globally in Fiji, Mauritius, Bangaldesh, Nepal, Singapore, Sri Lanka, UAE, Bahrain, Qatar, Kuwait, and the United Kingdom. As of March 31, 2021, it has the largest agent network of 1.35 million life insurance agents.
Life Insurance Corporation of India (LIC) Promoter(s)
The President of India, acting through the Ministry of Finance, Government of India are the company's promoters of Life Insurance Corporation of India (LIC).
Life Insurance Corporation of India (LIC) IPO Issue Objectives
- •
- To achieve the benefits of listing the equity shares on the stock exchange.
- •
- To carry out an offer for sale of 221,374,920 shares by selling shareholders.
Life Insurance Corporation of India (LIC) IPO - Anchor Investors
LIC raises a total of Rs 5,627 crore in anchor book; overseas funds pour in just Rs 1,624 crore
Over 70% of anchor allotment made to domestic mutual funds.
SBI Mutual Fund subscribed to shares worth over Rs 1,000 crore via four different schemes. ICICI Prudential MF subscribed to shares worth over Rs 700 crore through over half a dozen schemes and HDFC MF subscribed to shares worth over Rs 650 crore of the insurer via 10 different schemes. Aditya Birla Sun Life MF and Axis MF were other major subscribers among
Among foreign funds, the Singapore government’s sovereign wealth fund (GIC) subscribed to shares worth over Rs 400 crore through three funds and BNP Investments subscribed to shares worth nearly Rs 450 crore.
Life Insurance Corporation of India (LIC) IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| LIC India | 72.94 | 202 | 45.65% | 7,03,709 |
| SBI Life Insurance | 10.00 | 82 | 15.4% | 81,913 |
| HDFC Life Insurance | 13.29 | 101 | 20.30% | 65,402 |
| ICICI Prudential | 7.72 | 111 | 14.60% | 62,305 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Life Insurance Corporation of India (LIC) IPO is a book-built IPO worth ₹Offer for Sale : 221,374,920 Eq Shares of ₹10(aggregating up to Approx ₹21,008.48 Cr). The price band is ₹902–₹949 per share. The IPO opens on May 4, 2022 and closes on May 9, 2022. It will be listed on BSE and NSE. KFintech Private Limited is the registrar.
The price band of Life Insurance Corporation of India (LIC) IPO is ₹902 to ₹949 per share.
The lot size of Life Insurance Corporation of India (LIC) IPO is 15 shares.
The minimum investment for Life Insurance Corporation of India (LIC) IPO is approximately ₹14,235 based on the upper price band .
Life Insurance Corporation of India (LIC) IPO opens on May 4, 2022 and closes on May 9, 2022.
The allotment date of Life Insurance Corporation of India (LIC) IPO is May 12, 2022.
Life Insurance Corporation of India (LIC) IPO is expected to be listed on May 17, 2022, on BSE and NSE .
Life Insurance Corporation of India (LIC) IPO listed on May 17, 2022. It was issued at ₹872.0(NSE) and is currently around ₹830.20 as on 27-May-2026 3:30 PM, which is approximately -12.5% versus issue price. The 52-week high is ₹980.00.
Based on listing and post-listing performance, Life Insurance Corporation of India (LIC) IPO delivered around -12.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Life Insurance Corporation of India (LIC) IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Life Insurance Corporation of India (LIC) IPO valuation snapshot: P/E 202, EPS ₹4.70/-, P/B N/A, RoNW 45.65%, and market cap N/A.
To apply for Life Insurance Corporation of India (LIC) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Life Insurance Corporation of India (LIC) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Life Insurance Corporation of India (LIC) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Life Insurance Corporation of India (LIC) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Life Insurance Corporation of India (LIC) IPO allotment status on IPO Ji for quick and easy access.