When does the Life Insurance Corporation Of India IPO open and close?

The Life Insurance Corporation Of India IPO opened for bidding on 4 May 2022 and closed on 9 May 2022. Bids can be placed from 10:00 AM to 7:00 PM IST on each bidding day.

What is the price band of the Life Insurance Corporation Of India IPO?

The price band of the Life Insurance Corporation Of India IPO is ₹902 to ₹949 per share. The issue size is ₹15,381.21 crore.

What is the lot size of the Life Insurance Corporation Of India IPO?

One lot of the Life Insurance Corporation Of India IPO is 15 shares, and the minimum investment is ₹14,235 (one lot at the upper end of the price band). You bid in multiples of one lot.

When is the Life Insurance Corporation Of India IPO allotment and listing date?

The Life Insurance Corporation Of India IPO timeline is: basis of allotment on 10 May 2022, refunds from 11 May 2022, credit of shares to demat accounts on 11 May 2022, listing on 18 May 2022.

What was the listing price of the Life Insurance Corporation Of India IPO?

Life Insurance Corporation Of India shares listed at ₹886.00 on 18 May 2022, a loss of 6.64% over the issue price of ₹949.00.

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Life Insurance Corporation Of India IPO

Life Insurance Corporation Of India Limited

₹14,235/ 15 shares

Minimum investment

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Life Insurance Corporation Of India IPO Details

Bidding date

04 May - 09 May 2022

Price range

₹902 - ₹949

Minimum quantity

Minimum investment

₹14,235

Issue size

₹15,381 Cr.

Listing exchange

NSE/BSE

Life Insurance Corporation Of India IPO Dates & Timeline

04 May, 2022

Opening date

09 May, 2022

Closing date

10 May, 2022

Basis of allotment

11 May, 2022

Initiation of refunds

11 May, 2022

Credit of shares

12 May, 2022

Listing date

Life Insurance Corporation Of India IPO is an initial public offering of Life Insurance Corporation of India shares with a price band of ₹902 to ₹949 per share, which was open for bidding from 4 May 2022 to 9 May 2022. This page gives investors the IPO dates, price band, lot size, subscription status and allotment timeline.

How to Apply for Life Insurance Corporation Of India IPO: Step-by-Step Guide

Research the IPO:Review the prospectus and company details.
Open accounts:Ensure you have a demat and trading account.
Check dates:Note the IPO opening and closing dates.
Apply online:Log in to your brokerage account and complete the IPO application form.
Make payment:Pay through your linked bank account.
Submit application:Confirm and submit your application.
Track status:Monitor the allotment status and check for shares in your demat account upon listing.