The Life Insurance coverage Company (LIC) public difficulty supply (IPO), India’s greatest IPO is lastly right here. The federal government in a press meet held on Wednesday, 27 April 2022 introduced the launch date, allotment measurement, and extra. The forthcoming mega IPO might be one of many greatest IPO within the historical past of the Indian Capital Market opening subsequent month.
If you’re a LIC policyholder desirous about collaborating within the LIC IPO, you have to be sure that your PAN data is present in LIC’s programs and that you’ve a Demat account. To verify your LIC allotment standing your PAN data must also be the identical in each, the LIC system and Demat account. Non Policyholder also can apply for LIC IPO.
Right here is how one can verify your LIC IPO share allotment standing:
After subscribing to the LIC IPO, traders have to verify whether or not shares have been allotted or not.
Step 1: Go to https://www.bseindia.com/traders/appli_check.aspx
Step 2: Choose the problem sort
Step 3: Enter the problem identify, software quantity, PAN particulars
Step 4: Click on on the search
The LIC IPO will open on Wednesday, Might 4, 2022, and closes on Monday, Might 9. The worth band of the IPO has been set at Rs 902-949 per share. The federal government goals to lift round Rs 21,000 crore from the IPO by divesting a 3.5 per cent stake within the insurance coverage big. The IPO might be a pure supply on the market (OFS) of as much as 221.37 million shares.
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Story first printed: Wednesday, April 27, 2022, 14:31 [IST]