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LIC Initial Public Offering (IPO): Issue Date, Price, Lot Size, and Details

In one place, you can find the LIC IPO Issue Date, Share Price, Subscription Rate, and Allotment Status, as well as Bidding Dates, Lot Size, and Minimum Investment. Invest in the LIC Initial Public Offering (IPO) with Motilal Oswal today!<br>

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LIC Initial Public Offering (IPO): Issue Date, Price, Lot Size, and Details

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  1. THE LIC IPO: INDIA’S BIGGEST IPO Last year's mega LIC IPO generated a lot of hype, and it's still going strong. And now the wait is over! In May 2022, the Life Insurance Corporation of India (LIC) will launch its first public offering on the primary market. LIC is the only government-owned insurance company in India. With a market share of more than 64.1 percent in terms of premiums, it is the largest company in the Indian insurance business. Despite the amended strategy, the LIC IPO is the largest ever to hit the Indian markets.

  2. LIC: An Overview The Life Insurance Corporation of India Ltd, or LIC, is a government-owned insurance and investment company in India. The nationalized Life Insurance of India Act established the insurance business on September 1, 1965. More than 245 insurance and provident societies were merged to become LIC. LIC is currently the largest insurance business in India, with a market share of 66 percent. The number of policyholders as of 2020 was 28.9 crores, making it the king of India's insurance industry. It had total assets of Rs 37.75 lakh crore and equity AUM of Rs 6.63 lakh crore as of March 31, 2020.

  3. Why should you invest in the LIC initial public offering? The following are some of the reasons why we believe you should consider investing in LIC IPO: LIC has been providing life insurance in India for over 65 years and is the country's largest life insurer, with a market share of 64.1 percent in terms of premiums. As of September 30, 2021, LIC is India's largest asset manager. A strong presence both at home and abroad. Financially healthy.

  4. How do I apply for the LIC Initial Public Offering (IPO)? If you already have a LIC policy, you must link your PAN to your policy. You can obtain a reservation for the IPO application under the policyholder category in this manner. You must also open a DEMAT account with a SEBI-registered stockbroker, such as Motilal Oswal, in order to participate in the IPO. The PAN Card used for LIC policies must be the same as the PAN Card used for the stockbroker's Demat Account. You can apply for the IPO via the MO INVESTOR or MO TRADER App if you have a confirmed Motilal OswalDemat Account. It's as simple as that.

  5. THANK YOU…!!

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