IPO of LIC India: Check Date, Offer size, Price & Easy Apply with GEPL IPO Portal

IPO News 08 October 2021 1:40:PM

LIC-IPO-Details LIC-IPO-Details

LIC (Life Insurance Corporation of India) policyholders are scheduled to benefit greatly from the IPO of LIC which will be coming soon. At the time of the launch of the LIC India IPO, the Government of India (GoI) will reserve up to 10% interest for the LIC policyholders.

Secretary Tuhin Kanta Pandey of the Department of Investment and Public Asset Management (DIPAM) reported on the good news for LIC policyholders that could come when the LIC India IPO is launched. The IPO launch date for the IPO of LIC India will be FY22 at some point.

LIC is India's largest insurance company, and the GoI requested actuarial firms to seek an estimate of the actual value of the LIC as a company. For the launch of the LIC IPO 2021, Deloitte and SBI Capital was named by GoI as support companies for the launch of the LIC India IPO.

Invest in most awaited IPO of 2021 IPO of LIC  Invest Now

LIC India IPO and details that you shouldn't miss-

Company Profile –

Life Insurance in its modern form came to India from England in the year 1818.

Today LIC functions with 2048 fully computerized branch offices, 113 divisional offices, 8 zonal offices, 1381 satellite offices, and the Corporate office. LIC’s Wide Area Network covers 113divisional offices and connects all the branches through a Metro Area Network.

What are the dates for IPO of LIC:- 

The LIC IPO date has not been announced as of yet. That said, according to the government of India, the LIC IPO is slated to open up for subscription sometime during the second half of this fiscal year.

Why is LIC launching an IPO?

Asset sale proceeds are crucial for the government to meet its spending requirements and lower the budget deficit that’s may widen to 9.5% of the gross domestic product this year -- against the aim of 3.5%.

What’s in it for LIC Policy Holders?

“Up to 10% reservation can be offered to policyholders of LIC”, Dipam secretary Tuhin Kanta Pandey told TOI in an interview.

 Offer size for the IPO of LIC India?

The offer size of the IPO of LIC would range somewhere between Rs. 70,000 crores to Rs. 1 lakh crores. However, the Finance Ministry, during the budget presentation, stated that the government was expecting to raise up to Rs. 90,000 crores through the stake sale of LIC and IDBI Bank.

What is LIC valued at?

As per some recent media reports, the Narendra Modi government plans to raise Rs 90,000 crore by selling a six to seven percent stake in LIC.  LIC's value is around Rs 12.85-15 lakh crore, making it India's second most valued company after Reliance Industries Limited (RIL).

The price and other financial information will be available once the DRHP has been filed by the company. It is definitely going to be one of the largest and keenly awaited IPO in the coming fiscal.

LIC IPO 2021 details:- 

Opening Date Of LIC IPO

To be announced

Closing date of LIC IPO

To be announced

Face Value

To be announced

Issue Size

To be announced

Price band

To be announced

Market Lot

To be announced

Listing At


How to apply for the IPO of LIC?

We value your time that's why just click here and you'll be redirected to our IPO Investment Portal and with a few clicks, you'll be able to subscribe for the LIC India IPO. 

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