LIC (POLICY HOLDER)
₹ 902 - ₹ 949
04-May-2022 - 09-May-2022
₹ 13335.00

/ 15 Shares

LIC (POLICY HOLDER)

04-May-2022 - 09-May-2022

₹ 902 - ₹ 949

Price Band

₹ 13335.00

Minimum Investment

15

Bid Lot

221,374,920

Shares

  • Face Value - ₹ 10/- Per Share

  • Listing at NSE BSE

  • 4,611,977 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 15 ₹ 13,335
Retail (Upto 2 Lakh) 14 210 ₹ 186,690
S-HNI (2 Lakh to 10 Lakh) 15 225 ₹ 200,025
S-HNI (2 Lakh to 10 Lakh) 74 1110 ₹ 986,790
B-HNI (Above 10 Lakh) 75 1125 ₹ 1,000,125

IPO Timeline

  • Open Date

    04-May-2022

  • Close Date

    09-May-2022

  • Basis of Allotment Date

    12-May-2022

  • Initiation of Refunds

    13-May-2022

  • Credit Shares to Demat A/c

    16-May-2022

  • IPO Listing Date

    17-May-2022

About Company

Read More

Strengths

Company Promoters

Company Financials

Objects of the Issue

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Us, in just a few clicks your application is processed. You can bid for any IPO through Us, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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