LIC IPO Details

LIC Fundamental Analysis, IPO Open / Close Date, News Tracker Alerts, Kostak , GMP and Finance.

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FAQ about LIC

LIC IPO open date is not yet to be available, Subscribe alert we will you send notification when its available and keep you updated.

LIC IPO close date is not yet to be available, Subscribe alert we will you send notification when its available and keep you updated.

The size of LIC IPO is 70k Cr (Tentative).


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Issue Size 70k Cr (Tentative)
Price Band -
Retail -
QIB -
Face Value dsasdasd
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Subject To -
Min Qty No Declared

LIC Details

LIC

Life Insurance Corporation of India is among the most-awaited and the largest IPO in India. Also, the government plans to sell about 5-10% of its stake from the company. Furthermore, LIC expects to go public in the first quarter of FY 22-23. The company plans to raise around INR 70,000 crore through its IPO issue.

Company Strength

  • In Financial Year 2018-19, LIC’s total asset volume was Rs 31.11 lakh crore
  • In 2018-19, LIC’s total premium receivable was 2 lakh crore
  • In 2019, LIC’s investment volume stood at Rs 29.84 lakh crore, including investments in debt and equity
  • LIC is the country’s largest insurer with 68.9 percent market share in the new business premium collection and 60.9 percent in annual premium collection

Company Finance

Type Statutory Corporation established by an Act of Parliament- LIC Act 1956
Revenue ₹56,078,439 lakh (US$74 billion) (2019)
Operating income ₹270,348 lakh (US$360 million) (2019)
Net income ₹268,849 lakh (US$360 million) (2019)

IPO Time Table

Date are not announced yet, Subscribe alert we will send notification when its available.

IPO Lot

Lot details is not available, Subscribe alert we will send notification when its available.

LIC Kostak

Kostak is not available. Subscribe alert we will send notification when its available and keep you updated.

LIC GMP

GMP is not available. Subscribe alert we will send notification when its available and keep you updated.
Discussion with Other Traders about LIC
Rajendra
2022-01-10T15:44:55.243623+05:30
This is a best IPO of 2022
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