LIC to Go Public soon and which is going to be the biggest IPO ever launched in India. However the GMP is signaling weak for LIC so you may look at listing gain in case you are short term investor. If you are a long term investor, better to hold it for a period of 2-3 years to see some gains in the longer run. Its suggested to average post the listing of LIC share in NSE & BSE
LIC Refund Date & Listing Date
The LIC IPO refund date is likely to be on the 13th May 2022 and the listing will be on the 17th May 2022.
| Life Insurance Corporation of India – LIC IPO Share | |
| LIC IPO Share Base Price | ₹ 902 to ₹ 949 per share |
| Share Face Value (Per Share) | ₹ 10 |
| Total IPO Size | ₹ 221,374,920 |
| Listing At | BSE, NSE |
| IPO Lot Size | 15 |
| IPO Open Date | 4th May 2022 |
| IPO Close Date | 9th May 2022 |
| Basis of Allotment Date | 12th May 2022 |
| Initiation of Refunds | 13th May 2022 |
| Credit of Shares Demat A/C | 16th May 2022 |
| IPO Listing Date | 17th May 2022 |
| *Investing in Stock/Share Markets are subject to risk. | |
| Buy / Sell the share at your own discretion. |
