LIC IPO Detail Information

IPO Details  GMP Dates Subscription Status Allotment Status

 

LIC IPOLIC IPO: Life Insurance Corporation of India is an Indian statutory insurance and investment corporation. It is under the ownership of Ministry of Finance, Government of India.The Life insurance Corporation of India was established on 1 September 1956, when the Parliament of India passed the Life Insurance of India Act that nationalized the insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state-owned Life Insurance Corporation of India.

As of 2019, Life Insurance Corporation of India had total life fund of ₹28.3 trillion. The total value of sold policies in the year 2018–19 is ₹21.4 million. Life Insurance Corporation of India settled 26 million claims in 2018–19. It has 290 million policy holders.

Names of Promoters:

  • Government of India

Till Now LIC has not submitted Draft Red Herring Prospectus (DRHP). After it’s filing we will update all relevant information about LIC IPO including IPO Price, Details, Important Dates, GMP etc.

Company Financials:

The following table will provide a Summary of consolidated financial information.

ParticularsAs of and for the Fiscal ended (in ₹ million)
March 31, 2021March 31, 2020 March 31, 2019
Total Assets NANANA
Total LiabilitiesNANANA
Total Revenue NANANA
Profit After Tax NANANA
Total borrowings NANANA

IPO Details:

IPO Opening DateTo Be Announced
IPO Closing Date To Be Announced
Issue SizeNA
Fresh IssueNA
Offer for Sale NA
Issue Type Book Built Issue IPO
Face Value NA
Price Band₹. to ₹. per equity share
Market Lot NA
Min Order Quantity NA
Listing at ExchangesBSE & NSE

Objects of the Issue:

Yet To Declare

IPO Time Table:

IPO Open Date To Be Announced
IPO Close Date To Be Announced
Basis of Allotment Date To Be Announced
Initiation of Refunds To Be Announced
Credit of Shares to Demat Account To Be Announced
IPO Listing Date To Be Announced

IPO Lot Size:

 LotsSharesAmount (Cut-off)
MinimumNANANA
MaximumNANANA

IPO Subscription status:

CategoryShares Offered Percentage (%)Subscription (times)
Qualified Institutional Buyers (QIB)
--NA
Non Institutional Investors (NII)
--NA
Retail Individual Investors (RII)
--NA
Employee --NA
Total --NA

IPO Prospectus:

Yet To File DRHP

IPO Registrar:

Yet To Be Announced

IPO Lead Managers:

Yet To Be Announced

IPO Details  GMP Dates Subscription Status Allotment Status