LIC IPO Listing Date, Price, Size, GMP, Subscribe or Not, Allotment Date and Other Important Details

The much awaited Initial Public Offering (IPO) of Life Insurance Corporation of India (LIC) is finally is in the cornor. According to the sources, India’s biggest insurer will list its shares on the stock exchanges on 31st March 2022, however the final confirmation has not been done by the company yet. Also according the leading Indian stockbroker firm Angel One, the price band for the offer can be between fixed at Rs 400-600 per share.

Here we have compiled LIC IPO Listing Date, Price, Size, GMP, Subscribe or Not, Allotment Date and Other Important Details in one place for you!

LIC IPO Listing Date

India is set to launch its much-awaited IPO in the next few months. The date has not yet been announced, but it’s expected that 2022 will be around March 31st judging by recent media reports and government intentions regarding this significant event for Indian investors looking forward into what could potentially become one of their most successful investment ever.

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LIC IPO Size

The embedded value of the India’s leading Life Insurance Corporation India is set at over Rs 5 Lakh Crore. According to the experts, the valuation for their IPO could be three or five times this number, leading to an estimated post-listing price around Rs 15 Lakh Crore.

LIC IPO Price Band or Per Share Price

According the leading Indian stockbroker firm Angel One, the price band for the offer can be anywhere between Rs 400-600/Share.

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Subscribe or Not? Is it an Attrative Investment

When LIC was created in 1956, it became the go-to company for life insurance. That tradition continues to this day as India’s most trusted name when you need reliable protection and peace of mind about what your financial future will look like after death or disability.

LIC is a household name all over India and it has been touching people’s lives for years. The company’s grip on the life insurance market cannot be matched by any private player in this vast South Asian nation despite their entrance into other markets like car loans or mutual funds, which show how strong they really are as an organization.

The company is promoting its millions of policyholders the opportunity to invest in IPO at discounts with full-page newspaper ads and television advertisements.

Let us tell you, Analysts expect many first-time retail investors to show strong appetite for snaring a stake in the venerable company.

When it comes to investing in LIC, there are many uncertainties. This includes whether decisions can be made without interference from the government and what kind of management structure will exist within this company.

The future of the insurer is also unclear, with increased competition coming from tech-savvy new entrants who are more appealing to younger consumers.