How to Check LIC IPO Allotment Status With All Important Dates and Details?

The biggest IPO in India, the Life Insurance Corporation (LIC) public issue offer (IPO), has finally arrived. The government revealed the launch date, allotment size, and other details at a news conference on Wednesday, April 27, 2022.

The LIC initial public offering (IPO) will begin on Wednesday, May 4, 2022, and end on Monday, May 9. The LIC IPO price range has been fixed at Rs. 902-949 per share. By selling a 3.5 percent stake in the insurance giant, the government hopes to generate roughly Rs. 21,000 crore from the IPO. The LIC IPO will be a pure offer for sale (OFS) of up to 221.37 million shares.

How to Check LIC Allotment Status

First, Let Us Know Key Dates of LIC IPO:-

Bid/Offer Opens On: May 4, 2022
Bid/Offer Closes On: May 9, 2022
Allotment Date: May 12, 2022
Initiation of refunds: May 13, 2022
The credit of shares to Demat account: May 16, 2022
Listing Date: May 17, 2022

Other Important LIC IPO Details are:- 

IPO Price: ₹902 – ₹949
Face Value: ₹10
IPO Size: ₹21,008.48 Cr
Listing At: BSE, NSE
IPO Lot Size: 15

On May 17, 2022, LIC is expected to list on the stock exchanges. Following these procedures will allow you to see if you have been assigned shares. On May 16, 2022, if the shares are allotted, they will be credited to your Demat account.

Here’s how to verify the status of your LIC IPO share allotment:

Investors must examine whether their shares have been allotted after subscribing to the LIC IPO.

Step 1: Go to and fill out the application.

Step 2: Select your issue type.

Step 3: Fill out the issue name, application number, and PAN information.

Step 4: Click the “Search” button.

Important Note:-

  1. You must have a Demat account and ensure that your PAN information is updated in LIC’s systems.
  2. Your PAN information should be the same in both the LIC system and your Demat account to check your LIC allocation status.
  3. Non-policyholders are also eligible to apply for the LIC IPO.

Why should you invest in the LIC Initial Public Offering (IPO)?

The following are the top two reasons:

  • LIC has a 65-year history and a 13-lakh-agent network.
  • Has a solid risk management strategy in place.

Companies in whom LIC has invested are:-

Here are some of LIC’s most notable investors:

Stock Quantity Held Holding %
Canara Bank 133,627,205 8.11%
PTC India Ltd. 17,654,072 5.96%
Bank Of Baroda 248,334,291 4.80%
ABB Power Products And Systems India Ltd. 1,881,348 4.44%
Biocon Ltd. 49,374,988 4.11%
Titan Company Ltd. 35,163,104 3.96%
ABB India Ltd. 8,376,287 3.95%
Reliance Infrastructure Ltd. 6,989,930 2.68%
Hindustan Zinc Ltd. 96,246,636 2.28%
Aditya Birla Capital Ltd. 51,407,882 2.13%
Aban Offshore Ltd. 1,000,000 1.71%
BEML Ltd. 515,435 1.24%
Indian Overseas Bank 228,087,493 1.21%

Policyholder Benefits from the LIC IPO:-

The LIC has set aside 10% of the IPO shares for policyholders. In addition, policyholders will receive an additional discount of Rs 60 per share.

Only LIC policyholders who meet the following criteria are eligible to apply for this quota:

  • The policy will be issued on or before February 13, 2022.
  • The PAN is associated with the LIC Policy.
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