{"id":83,"date":"2022-02-14T19:07:11","date_gmt":"2022-02-14T13:37:11","guid":{"rendered":"https:\/\/www.businesspatrika.com\/?p=83"},"modified":"2022-02-14T16:05:06","modified_gmt":"2022-02-14T10:35:06","slug":"lic-ipo-details-review","status":"publish","type":"post","link":"https:\/\/www.businesspatrika.com\/lic-ipo-details-review\/","title":{"rendered":"LIC IPO Date 2022, Price, Listing, Minimum Lot, GMP, Subscription"},"content":{"rendered":"<p style=\"text-align: justify;\">Finally, the indication about LIC IPO has been started to appear in news one by one. LIC (Life Insurance Corporation of India) is the biggest and government insurance firm. Which is operated on a high scale for many years. On 1 Feb 2021, Finance Minister Nirmala Sitharaman confirmed the <strong>LIC IPO<\/strong> (Initial Public Offer) between the presentation of Budget 2021. It was a primary confirmation by a government official. Now predicted IPO issue date is released and here is the complete information including the <strong>LIC IPO Price<\/strong> that when the IPO will launch and ready for the applications of investors. Let\u2019s start with a brief discussion about this Initial Public Offer.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-103 aligncenter\" src=\"https:\/\/www.businesspatrika.com\/wp-content\/uploads\/2021\/12\/1531511904-5332.jpg\" alt=\"lic office\" width=\"620\" height=\"464\" srcset=\"https:\/\/www.businesspatrika.com\/wp-content\/uploads\/2021\/12\/1531511904-5332.jpg 620w, https:\/\/www.businesspatrika.com\/wp-content\/uploads\/2021\/12\/1531511904-5332-300x225.jpg 300w, https:\/\/www.businesspatrika.com\/wp-content\/uploads\/2021\/12\/1531511904-5332-150x112.jpg 150w, https:\/\/www.businesspatrika.com\/wp-content\/uploads\/2021\/12\/1531511904-5332-561x420.jpg 561w, https:\/\/www.businesspatrika.com\/wp-content\/uploads\/2021\/12\/1531511904-5332-80x60.jpg 80w, https:\/\/www.businesspatrika.com\/wp-content\/uploads\/2021\/12\/1531511904-5332-265x198.jpg 265w\" sizes=\"(max-width: 620px) 100vw, 620px\" \/><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.businesspatrika.com\/lic-ipo-details-review\/#LIC_IPO_Details_2022\" title=\"LIC IPO Details 2022\">LIC IPO Details 2022<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.businesspatrika.com\/lic-ipo-details-review\/#LIC_IPO_Issue_Date_2022\" title=\"LIC IPO Issue Date 2022\">LIC IPO Issue Date 2022<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.businesspatrika.com\/lic-ipo-details-review\/#Lic_IPO_Price_Band\" title=\"Lic IPO Price Band\">Lic IPO Price Band<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"LIC_IPO_Details_2022\"><\/span><strong>LIC IPO Details 2022<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">LIC was established on September 1, 1956, when the Life Insurance Act came and passed by the Parliament of India. It was passed to give financial security to the family of an individual, if there is something happens to the insured person then the company will provide the insurance amount. Which could help the family of the deceased for future big expenses. Even this Act also helps people to save themselves from any medical emergency expense.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"LIC_IPO_Issue_Date_2022\"><\/span><strong>LIC IPO Issue Date 2022<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Currently, the company has over <strong>114,000 employees<\/strong> and has a Net Income of over $380 million and total assets of $440 billion. Now to achieve a big hike company decides to issue the first initial public offer (IPO).<\/p>\n<table width=\"612\">\n<tbody>\n<tr>\n<td width=\"282\">LIC Initial Public Offer Full Detail:-<\/td>\n<td width=\"283\"><\/td>\n<\/tr>\n<tr>\n<td width=\"282\">Issuer:<\/td>\n<td width=\"283\">LIC (Life Insurance Corporation of India)<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">IPO Launch Date:<\/td>\n<td width=\"283\">Coming Soon<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">Issue Size:<\/td>\n<td width=\"283\">Rs 70,000 crores<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">Face Value:<\/td>\n<td width=\"283\">Rs 10 per equity share<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">Qty of 1 Lot:<\/td>\n<td width=\"283\">Coming soon<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">Minimum Qty of Lot:<\/td>\n<td width=\"283\">1<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">Maximum Bid for Retail Investors:<\/td>\n<td width=\"283\">Rs 2 lakh<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">IPO Allotment Date:<\/td>\n<td width=\"283\">Coming Soon<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">IPO Listing:<\/td>\n<td width=\"283\">NSE &amp; BSE<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">IPO Listing date:<\/td>\n<td width=\"283\">Coming Soon<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">It is the prediction that the issue size will be Rs 70,000 crores. On the other side, the face value of this share is expected as Rs 10 per equity share. Although the actual calculation will come after the official announcement and release details.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Lic_IPO_Price_Band\"><\/span><strong>Lic IPO Price Band<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Currently, the IPO has not yet received any confirmed issue date but probably it will come in the mid of 2021 or in March 2021 as expected by many peoples. On the other side, if we talk about the listing so, you don\u2019t need to worry about it because we will give you an update reading the Lic IPO listing.<\/p>\n<p style=\"text-align: justify;\">As we suppose, you want to participate in this IPO and want to buy the shares at Lic IPO Price. So, you will need a demate account for it. To open your Demate Account you can read this brief article. There are many SEBI registered stockbrokers in the market, who are absolutely safe and secure to start trading in 2021 with this IPO. Do you know? to buy only 1 lot of this IPO you will need only Rs 15,000 in your bank account.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finally, the indication about LIC IPO has been started to&hellip; <\/p>\n","protected":false},"author":1,"featured_media":105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LIC IPO Date 2022, Price, Listing, Minimum Lot, GMP, Subscription : Business Patrika<\/title>\n<meta name=\"description\" content=\"LIC IPO Date, Share Price, Closing Date, Listing, Minimum Lot, Allotment Subscription Status Expected Growth Balance Sheet &amp; Should We Invest\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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