• https://zerodha.com/open-account?c=ZMPRYC
  • Step-by-Step Demat A/c Opening
  • Install Our App
Open Demat Account Open Demat Account
  • WhatsApp: +91 9964-237-328 Chat with us - 24/7
  • reachus.oda@gmail.com Drop Us a Line
OPEN DEMAT ACCOUNT
  • Home
  • Our ODA Blog
LIC-IPO-Why-they-Delayed-and-Launching-now--Do-we-need-to-Subscribe-it
  • 0 Comments
  • 184 Views
  • 0 Likes
  • Open Demat Account, Our ODA Blog, Uncategorized

LIC IPO – Why they Delayed and Launching now? Do we need to Subscribe it?

ARTICLE: LIC IPO – Why they Delayed and Launching now? Do we need to Subscribe it?

LIC IPO was in discussion in the year of 2021, the main reason to delay the IPO was initially on Covid19 Pandemic, the PAYTM IPO which released on 2021 couldn’t see much success, they shares went falling daily and hitting bottom, seeing the real-time scenarios in the market condition, the IPO of LIC releases was postponed.

Further main reason was Ukrain-Russia Invasion, this had turned market direction to completely downside and IPO of LIC may not be successful, the situations seems to be in control hence the release of IPO Now

The Life Insurance Corporation of India (LIC) IPO is likely to be the biggest initial public offering in the Indian history of stock trading. Also, the government of India has reserved 10% which is around 3.16 crores of shares of LIC through LIC IPO. Stay tuned for more updates.

Listing at NSE, BSE, LIC has reserved 10% of IPO shares for policyholders. Also, an Additional discount of Rs 60 per share for policyholders. LIC policyholders can apply under this quota only if:

  • The policy is issued on/before 13 Feb 2022
  • The PAN is linked to LIC Polic

LISTING DETAILS:

  • Opening Date: May 4, 2022
  • Closing Date: May 9, 2022
  • Price Band: ₹902 – ₹949 per equity share
  • Issue Size: 21,000 Cr
  • LIC IPO Listing Date: May 17, 2022

 The government of India plans to raise 21,000 crores by offloading 3.5% of its shares. By this the investment based funds will be further used in upcoming LIC projects and Housing loans.  A retail-individual investor can apply for up to 14 lots (210 shares or ₹199,290). once can apply a Minimum of 1 lot of 15 shares of value ₹14,235 or upto 14 lots of 210 shares worth ₹199,290.

Why should you invest in LIC IPO?

LIC (of LIC IPO) is one of the major nations pride and has 65 years of experience and a network of 13,00,000 agents across nation, well established network and Has a reliable risk management framework. one must definitely in this IPO without fail.

Are you new to Stock Market and IPO then you can start investing in ipo from zerodha demat and trading account easily. here below link which explains in details.

Step by Step Guide to Open Zerodha Trading & Demat account

Direct Link to Open Demat Accout: Click Here

Prev PostOpen Demat Account In Just 5 Minutes
Next PostAre There Any Brokerage Platforms to recommend for a Beginner?
Related Posts
  • Which depository participant is best, Zerodha, Groww, Angel One, Kotak stock trading or upstocks
    Which Depository Participant is Best, Zerodha, Groww, Angel One, Kotak or Upstocks? March 31, 2022
  • Which is a Better Broker for long-term Invesvtment in the Stock Market
    Which is a Better Broker for long-term Investment in the Stock Market, Sharekhan or IIFL Securities? March 31, 2022
  • Ruchi Soya FPO is Available in discount, can we subscribe? March 24, 2022
  • What are the Documents Needed to Open Demat Account
    What are the Documents Needed to Open Demat Account March 23, 2022
  • After Ukraine Crisis- Market Down by 700 Points and Up 450 Points – What is Next? February 25, 2022
  • Is it Legal to use Another Person’s Demat Account to Fill Your IPO Application?
    Is it Legal to use Another Person’s Demat Account to Fill Your IPO Application? November 24, 2021
  • How Many Hours Does it Take to Open a Demat Account?
    How Many Hours Does it Take to Open a Demat Account? November 24, 2021
  • Is HDFC Securities a Good Platform Considering its High Brokerage Charges
    Is HDFC Securities a Good Platform Considering its High Brokerage Charges? October 17, 2021
  • Which is the Best Trading Platform in India in 2022? September 18, 2021
  • Can We Re-open the Closed Demat Account? September 16, 2021
  • Which is the Most Trust Worthy Online Stock Broker in 2022? September 13, 2021
  • Can Angel One Beat Zerodha After Entering Discount Broking? September 11, 2021

Leave a Comment Cancel Comment

Your email address will not be published. Required fields are marked *

DEMAT ACCOUNT FROM

Zerodha Demat Account

READ ALL ARTICLES

  • Best Stock Brokers
  • Open Demat Account
  • Our ODA Blog
  • Uncategorized

Recent Posts

  • Are-There-Any-Brokerage-Platforms-to-recommend-for-a-Beginner
    Are There Any Brokerage Platforms to rec

    May 8, 2022

  • LIC-IPO-Why-they-Delayed-and-Launching-now--Do-we-need-to-Subscribe-it
    LIC IPO – Why they Delayed and Lau

    May 2, 2022

  • Open Demat Account In Just 5 Minutes

    Mar 31, 2022

  • Which depository participant is best, Zerodha, Groww, Angel One, Kotak stock trading or upstocks
    Which Depository Participant is Best, Ze

    Mar 31, 2022

  • Which is a Better Broker for long-term Invesvtment in the Stock Market
    Which is a Better Broker for long-term I

    Mar 31, 2022

  • Who is Nithin Kamath

    Mar 31, 2022

  • How do you Compare Brokers?
    How do you Compare Brokers?

    Mar 28, 2022

Zerodha Quick Links

  • Open Zerodha Account
  • Zerodha Versity
  • Zerodha Coin
  • Zerodha Calculator
  • Zerodha Products
  • Zerodha Pricing

Demat Account Links

  • Open Demat Account
  • open free demat account
  • Instant Demat Account
  • Free Stock Trading Course in India
  • Demat Account Opening Video
  • Step by Step Guide to Open Zerodha Trading & Demat account

ODA is a Firm to Create Demat Account and Start Trading Shares, Mutual Funds Investment and Also Trading in Derivatives and Features. Open Demat Account online instantly and start investing for free. Zero brokerage firm and takes only 5 minutes to open Demat Account.

reachus.oda@gmail.com Drop Us a Line
+91 9964 2373 28 Call Us Now
+91 9964 2373 28 WhatsApp Now!
CopyRight 2020 www.opendemataccount.com | All Rights Reserved.