LIC IPO Price Band: Rs 902 to Rs 949 and Other Pricing Detai

Published on Monday, May 2, 2022 by Chittorgarh.com Team

The LIC IPO share price is fixed at Rs 902 to Rs 949 with special price offers for LIC policyholders and employees with a discount of 60 per share and Rs 45 per share, respectively.

Check out other details related to the LIC IPO price that is opening in the next two days:

• LIC IPO Face value: The face value of the LIC IPO is Rs 10 per share.
• LIC IPO Offer Price: The LIC IPO price per share is set in the range of Rs 902 to Rs 949, with special discounts for the LIC policyholders, retail investors, and employees.

  LIC IPO Rate

  • For LIC policyholders: Rs 842 to Rs 889
  • For Retail Investors: Rs 857 to Rs 904
  • For Employees: Rs 857 to Rs 904

  If a retail investor is a LIC policyholder as well as an employee, he can invest in all three quotas to increase the chances of allotment.

• LIC IPO Total Value: LIC IPO’s total amount is Rs 21,008.48 crores, a pure offer for sale of 221,374,920 shares making it India’s largest-ever IPO.
• LIC IPO Minimum Investment: An investor needs to spend less than Rs 15000 to buy one lot (15 shares) of LIC IPO.

  Investor Category/Quota	LIC IPO Minimum Investment Amount	LIC IPO Minimum Price – LIC IPO Maximum Price
  LIC Policy Holder	Rs 13,335	Rs 842 – Rs 889
  Employee	Rs 13,560	Rs 857 – Rs 904
  Retail Investor	Rs 13,560	Rs 857 – Rs 904
  Others	Rs 14,235	Rs 902 – Rs 949

  A retail investor can invest a maximum of up to 14 lots amounting to 210 shares.

• LIC IPO listing price: The LIC IPO is expected to be listed at 5%-10% premium based on the current GMP (Grey Market Premium).

Click here to check the LIC GMP live updates.

Read more about LIC IPO