LIC IPO GMP, Kostak Rates, Subject to Sauda

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Keep updated with latest LIC IPO GMP (Grey Market Premium), kostak rates, and subject to sauda rates. LIC IPO GMP for today is a discount of INR15 per share against the issue price of INR902 – 949 per share. This implies LIC IPO expected listing price is INR935 per share based on the current GMP.

LIC is the largest life insurer in India with a 64.1% market share in terms of Gross Written Premium (GWP), a 66.2% market share in terms of New Business Premium (NBP), a 74.6% market share in terms of number of individual policies issued, an 81.1% market share in terms of number of group policies issued for Fiscal 2021, as well as by the number of individual agents (1.35 million), which comprised 55% of all individual agents in India as at March 31, 2021.

LIC IPO GMP Daily Trend

DateLIC IPO GMPKostakSubject to Sauda
14 May 2022 (INR15, discount)
13 May 2022 (INR15, discount)
12 May 2022(INR10, discount)
11 May 2022(INR5, discount)
10 May 2022INR10
9 May 2022INR10
7 May 2022 INR50INR900INR1,200
6 May 2022INR50INR1,000INR1,400
5 May 2022 INR60INR1,100INR1,600
4 May 2022INR80INR1,400INR2,000
2 May 2022INR70INR1,300INR1,800
30 Apr 2022INR60INR1,200INR1,600
29 Apr 2022INR50INR1,000INR1,400
28 Apr 2022INR40INR800INR1,300
27 Apr 2022INR25INR500INR900

This page provides day-wise GMP movement which is helpful in deriving tentative listing price and profit/loss of the IPO. The historical premiums mentioned in the above table serve an important purpose and have a close linkage with subscription levels, especially in the QIB and HNI categories. It is typically observed that recovery in premiums is difficult after a sharp correction.

IPO Central also provides grey premium of all active, recent and forthcoming IPOs at a single place. Head to our IPO discussion page which provides a snapshot of IPO premiums.

It should be noted that IPO grey market is unregulated and is highly volatile and thus, it should not be used as the only criterion for an investment decision in an IPO. Investors need to look into other parameters including financial performance and valuations before deciding whether to invest in LIC IPO or not.

Read Also: Here is what LIC IPO GMP status indicating ahead of listing

LIC IPO Details

Subscription Dates4 – 9 May 2022
Price BandINR902 – 949 per share
Retail discount – INR45 per share
Employee discount – INR45 per share
Policyholder discount – INR60 per share
Fresh issueNil
Offer For Sale221,374,920 shares (INR19,552.15 – 20,592.61 crore)
Total IPO size221,374,920 shares (INR19,552.15 – 20,592.61 crore)
Minimum bid (lot size)15 shares
Minimum investment amountINR13,560 for one lot at upper band for retail & employees
INR13,335 for one lot at upper band for policyholders
Maximum bid (lot size)210 shares (14 lots)
Maximum investment amount INR1,89,840 for 14 lots
Face Value INR10 per share
Retail Allocation35%
Listing OnNSE, BSE

LIC’s IPO Documents & News

LIC IPO Timetable

This table provides important information about LIC IPO. The dates are updated once the company files Red Herring Prospectus (RHP).

IPO Opening Date4 May 2022
IPO Closing Date9 May 2022
Finalisation of Basis of Allotment13 May 2022
Initiation of refunds14 May 2022
Transfer of shares to demat accounts16 May 2022
Listing Date17 May 2022

What is LIC IPO GMP today?

LIC IPO GMP today is a discount of INR15 per share.

What is LIC IPO kostak rate today?

LIC IPO kostak rate today is NA per application.

What is LIC Subject to Sauda rate today?

LIC Subject to Sauda rate today is NA per application.

What is the expected listing price and return of LIC IPO?

LIC IPO expected return for retail investors is 3.4% based on the current GMP, retail discount and expected listing price is INR935 per share.

Disclaimer: No content published anywhere on this website should be treated as investment advice or as an offer to buy or sell securities. All the content offered on the website is for educational and informational purposes only. Please contact your investment adviser before making an investment. Any reader taking decisions based on any information published here does so entirely at own risk.


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