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Life Insurance Corporation of India
Company websiteThe company Life Insurance Corporation of India has filed papers to raise ₹22,13,74,920 crore through a public issue. The offering includes a fresh tranche of ₹0 crore and OFS of ₹22,13,74,920 crore.
Investors may apply between 04-05-2022 and 09-05-2022. Expected allotment is on 12-05-2022 and listing is aimed for 17-05-2022. This is a standard structure — fresh capital for growth, OFS for seller liquidity.
Start Date04-05-2022
End Date09-05-2022
Listing Date17-05-2022
Allotment Date12-05-2022
Current Price₹872
GMP₹0 (0.00%)
Lot Size15 Shares
Subscription0 Times
Face Value₹10 per share
Listing atNSE, BSE
Issue Price₹902-949
Pre Issue₹6,32,49,97,701
Post Issue₹6,32,49,97,701
Issue Size₹22,13,74,920
(aggregating up to 20557.23 Cr)
(aggregating up to 20557.23 Cr)
Fresh Issue
(aggregating up to 0.00 Cr)
(aggregating up to 0.00 Cr)
Offer For Sale₹22,13,74,920
(aggregating up to 21008.48 Cr)
(aggregating up to 21008.48 Cr)
The Grey Market Premium (GMP) for Life Insurance Corporation of India is currently around ₹0 (0.00%). This indicates an estimated listing price of approximately ₹902 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
15 Dec 2025, 08:24 | ₹949 | ₹0 | ₹949 (0.00%) |
01 Apr 2025, 12:25 | ₹949 | ₹0 | ₹949 (0.00%) |
Financials overview In Crores
Here is a quick look at the recent financial performance of Life Insurance Corporation of India . The numbers below ( In Crores ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
The IPO reservation for Life Insurance Corporation of India shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
QIB | 49.61% | 9,88,28,089 |
NII (HNI) | 14.88% | 2,96,48,427 |
RETAIL | 34.73% | 6,91,79,663 |
Employee | 0.79% | 15,81,249 |
TOTAL | 100.00% | 19,92,37,428 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 15 | ₹14,235 | |
sHNI | 15 | 225 | ₹2,13,525 | |
bHNI | 71 | 1,065 | ₹10,10,685 |
Below you can find the official contact details of Life Insurance Corporation of India along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: Investors@licindia.com
Phone: +91 22 6659 8732
Website: http://www.licindia.in/
Address: Yogakshema, Jeevan Bima Marg Nariman Point, Mumbai 400 021,