1 / 1

How to Apply for LIC IPO for Policyholders

How can I apply as a policyholder for the LIC IPO? This article describes how to apply for a LIC IPO in the "LIC IPO for Policyholders" category. LIC has sent SEBI a Draft Red Herring Prospectus (DRHP). According to the DRHP, the Indian government aims to sell its 5% stake in the company via this public sale. Issue date for this upcoming IPO in India is 04 May 2022.

beststockbroker
Download Presentation

How to Apply for LIC IPO for Policyholders

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How can I apply as a policyholder for the LIC IPO? This article describes how to apply for a LIC IPO in the "LIC IPO for Policyholders" category. LIC has sent SEBI a Draft Red Herring Prospectus (DRHP). According to the DRHP, the Indian government aims to sell its 5% stake in the company via this public sale. Issue date for this upcoming IPO in India is 04 May 2022. Policyholders may bid using the Applications Supported by Blocked Amount (ABSA) system, including the UPI. Policyholders who bid at a price within the price bank may pay the bid amount at the bid time. As part of the UPI process, policyholders who want to use ASBAforms must send them to syndicate members, top 10 stock brokers in India, or other depository participants. Additionally, all ASBA bidders will be required to maintain a sufficient credit balance on theirASBA accounts. Visit: -https://marketguest.com/how-to-apply-for-lic-ipo-for-policyholders/

More Related