This is the India largest LIC IPO and LIC is biggest brand in India howerver Goverment
has 100% Stakeholder of LIC.
LIC IPO SIZE, VALUE
Although the draft papers do not reveal the market valuation of LIC, as per industry standards, it would be about three times the embedded value or around Rs 16 lakh crore.
SENSEX, NIFTY TANK
The NSE Nifty 50 index fell 2 percent to 17,029, while the S&P BSE Sensex dropped 1.9 percent to 57,023.63. The Nifty volatility index, which indicates the degree of volatility traders expect over the next 30 days in the Nifty50 index, jumped as much as 21.61 percent.
INITIAL PUBLIC OFFER PRICES (IPO)
LIC IPO Prices will yet not share with people however might government will share in
end of Feb 2022 Except date.
So at per the Government policy has fixed some equity for Policy Holder, DII and FII
to get the full amount. Overall this amount goes to the Government account, not LIC.
Please before investing remember the multiple factors and must take help from the share market expert advised.
BIGGEST IPO IN HISTORY OF STOCK MARKET
The LIC IPO would be the biggest IPO in the history of the Indian stock market and once listed, LIC's market valuation would be comparable to top companies like RIL and TCS.
So far, the amount mobilized from the IPO of Paytm in 2021 was the largest ever at Rs 18,300 crore, followed by Coal India in 2010 at nearly Rs 15,500 crore and Reliance Power in 2008 at Rs 11,700 crore.
LIC-PAN LINK, DEMAT ACCOUNT MUST
Policyholders who are planning to invest in LIC's IPO, must ensure that their Permanent Account Numbers (PAN) are linked with Life Insurance Corporation of India.
Apart from this, policyholders must have DEMAT accounts to invest in LIC's IPO.
"In order to participate in any such public offering, policyholders will need to ensure that their PAN details are updated in the Corporation’s records," LIC had said in an advertisement in 2021.
"Further subscribing to any public offering in India is only possible if you have a valid DEMAT account," LIC had said in the advertisement.
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