The country’s largest life insurer, Life Insurance Corporation (LIC) of India, launched its blockbuster initial public offering (IPO) on May 4, 2022. It is open to the general public until May 9, 2022. The LIC IPO has a price range of Rs 902-949 per share, with a discount of Rs 60 per share for policyholders and Rs 45 per share for retail investors and LIC employees.
The tentative date for announcing the share allotment is May 12, 2022. After that, the public offering will be listed on the NSE and BSE, and the date for the same is likely to be May 17, 2022. If you are one of those who’ve applied for the IPO, you can check your allotment status on the BSE or NSE website.
Here’s how you can check your allotment status on the BSE website:
— Visit the BSE’s official website.
— In the menu there, choose LIC IPO.
— Enter the LIC IPO application number that was assigned to you.
— After that, type in your Permanent Account Number (PAN card number).
— Then, confirm on the captcha by clicking ‘I am not a robot’.
— After that click the submit button.
— Once you do that, you will be able to monitor the status of your allotment.
Here’s how you can check your allotment status on the NSE website:
— Visit the official website of NSE.
— Select the ‘equity’ option on the following page.
— Then, from the dropdown option, select ‘LIC IPO’ as the issue name.
— Enter the number of your application.
— After that, enter your Permanent Account Number (PAN).
— Then choose ‘I am not a robot’ and click ‘submit’.
— The status of your allotment will be displayed.