How To Apply LIC IPO Online – What Are The Steps Required To Invest In LIC IPO? Know All The Information-The value band of Rs 902 to Rs 949 has been fixed for this uber IPO of the public authority insurance agency.
3In this IPO there will be 15 offers in a single part. That’s what this intends to put resources into this IPO, then you need to purchase no less than 15 offers.
How To Apply LIC IPO Online – What Are The Steps Required To Invest In LIC IPO? Know All The Information
The IPO of Life Insurance Corporation of India (LIC) will open between May 4 and May 9. Through this IPO, the public authority will sell its 3.5 percent stake and raise Rs 21 thousand crores.
Along these lines, being the greatest IPO throughout the entire existence of India is going. At the present moment, this record is for the sake of Paytm IPO which came last year and was worth Rs 18,300 crore. Aside from these, other huge IPOs remember Coal India’s IPO of Rs 15,500 crore in 2010 and Reliance Power IPO of Rs 11,700 crore in 2008.
How To Apply LIC IPO Online – What Are The Steps Required To Invest In LIC IPO? Know All The Information
LIC IPO Dates:
May 2 – Anchor Tranche
May 4-9 – Public Contribution
Issue Size (LIC IPO Issue size):
22.13 crore shares – 3.5% of the all-out shares
How To Apply LIC IPO Online – What Are The Steps Required To Invest In LIC IPO? Know All The Information
Reservations (LIC IPO Reservations):
For policyholders – 10% of the issue – 2.21 crore shares
For representatives – 0.15 crore shares
After the booking of policyholders and workers, half of the offers will be left for QIB, 35% for retail financial backers, and 15% for NII. 60% of the offers in the portion of QIB will be held for anchor financial backers.
Cost band (LIC IPO Price band): 902/ – to 949/ –
Part Size (LIC IPO Bid parcel size): 15
LIC IPO Discount for Retail and Employees: Rs 45/ –
LIC IPO Discount for Policy Holders: Rs 60/ –
How To Apply LIC IPO Online – What Are The Steps Required To Invest In LIC IPO? Know All The Information
Step by step instructions for Applying for LIC IPO Online:
Login to your net-banking account.
Go to the speculation area and snap on the IPO/e-IPO choice.
Fill in safe and financial balance subtleties.
Complete the check cycle.
After checking, select the choice ‘Put resources into IPO’.
Select LIC IPO from the rundown.
Enter the number of offers and the bid cost.
Check all the data once more. In the event that everything is right, click on ‘Apply Now.