IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Performance
Performance Report
LIC Life Insurance Corporation of India IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 21008.48 Cr. The company is based in Mumbai and caters to Insurance sector. Axis Capital , Bofa Securities India , Citigroup Global Markets India , Goldman Sachs (India) Securities , Jm Financial , Kotak Mahindra Capital Company , Nomura Financial Advisory And Securities (India) , SBI Capital Markets are the merchant bankers of LIC Life Insurance Corporation of India IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th February 2022.
LIC Life Insurance Corporation of India IPO open date is 4th May 2022 and close date is 9th May 2022. IPO Allotment Date is 12th May 2022 and Listing date is 17th May 2022.
IPO
Size:
₹ 21008.48 Cr.
Avg IPO Size (Sector Based)
: ₹
7,624.77 cr.
Sector: Insurance
IPO so far:
11
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹
683038.95
cr. 
PE
Ratio:
201.91x
Average Sector PE Ratio: 5.48x
LIC Life Insurance Corporation of India IPO size is ₹ 21008.48 Cr. with IPO price of ₹ 949.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the LIC Life Insurance Corporation of India IPO. Kfin Technologies Limited is the Registrar for LIC Life Insurance Corporation of India IPO.
LIC Life Insurance Corporation of India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
LIC Life Insurance Corporation of India IPO, based in Mumbai, operates in the Insurance sector with a focus on life insurer. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. LIC Life Insurance Corporation of India IPO size is ₹ 21008.48 Cr. with fresh issue size of ₹ 21008.48 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for LIC Life Insurance Corporation of India IPO is expected to be 12th May 2022, after the finalization of basis of allotment. Investors can check LIC Life Insurance Corporation of India IPO allotment status on the registrars website, Kfin Technologies Limited . LIC Life Insurance Corporation of India IPO refund dates are 13th May 2022.
LIC Life Insurance Corporation of India IPO is expected to be listed on 17th May 2022.
The upper price band for the LIC Life Insurance Corporation of India IPO is set at ₹ 949.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on LIC Life Insurance Corporation of India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the LIC Life Insurance Corporation of India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th May 2022. After submission, funds are blocked until the basis of allotment of LIC Life Insurance Corporation of India IPO is finalised.
The merchant banker for LIC Life Insurance Corporation of India IPO is Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Goldman Sachs (India) Securities Private Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited , Nomura Financial Advisory And Securities (India) Private Limited , SBI Capital Markets Limited . Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Goldman Sachs (India) Securities Private Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited , Nomura Financial Advisory And Securities (India) Private Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the LIC Life Insurance Corporation of India IPO RHP for further details.
The registrar for LIC Life Insurance Corporation of India IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to LIC Life Insurance Corporation of India IPO through their official website or helpline.
LIC Life Insurance Corporation of India IPO was subscribed 2.95 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 21008.48 Cr.
Avg IPO Size (Sector Based)
:
₹ 7,624.77 Cr.
Sector: Insurance
IPO so far:
11
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹ 683,038.93 cr.
PE
Ratio:
201.91x
Average Sector PE Ratio: 5.48x
LIC Life Insurance Corporation of India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on LIC Life Insurance Corporation of India Financial Review Page
Merchant Banker(s) of LIC Life Insurance Corporation of India IPO: Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Goldman Sachs (India) Securities Private Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited , Nomura Financial Advisory And Securities (India) Private Limited , SBI Capital Markets Limited
LIC Life Insurance Corporation of India IPO subscription was 2.95 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
LIC Life Insurance Corporation of India IPO listed at a listing price of 875.45 against the offer price of 949.00.
The current market price of LIC Life Insurance Corporation of India is 959.85.
Why Us?
