LIC IPO GMP Today, Grey Market Premium & Kostak Rates ( Live Data )

Check out LIC IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. LIC IPO GMP looking strong with going high every day from 25 to 75 level. Stay tuned for the latest IPO GMP numbers of LIC IPO.

LIC IPO is to hit the market on May 04, 2022, as per the RHP filed by LIC on April 26, 2022. The company to raise ₹21,008.48 crores via IPO that comprises ₹- crores of fresh issue and the OFS of 221,374,920 Equity Shares. LIC is the biggest IPO and leading Insurance company in India. The government is going to sell its 3.5% stake via LIC IPO. The company reported a revenue of ₹2986 crores in 2021 against the revenues of ₹2731 crores in 2020. The IPO price band is fixed at ₹902 to ₹949 Per Equity Share. The LIC IPO to list on NSE and BSE.

Read Also: LIC IPO Details


LIC IPO GMP

LIC IPO GMP Rates Today

  • The LIC IPO grey market premium is ₹30.

LIC IPO Kostak Rates Today

  • The LIC IPO Kostak Rate is ₹0.

LIC IPO Subject to Sauda Rate Today

  • The LIC IPO subject to Sauda rates is ₹0.

LIC IPO Expected Return

  • The LIC IPO expected return is 0%.

LIC IPO GMP Rates day by day with Kostak rates & Subject To Sauda

Date GMP (in INR) Kostak (in INR) Subject to Sauda
10 May ₹30 ₹0 ₹0
09 May ₹40 ₹800 ₹2000
08 May ₹60 ₹900 ₹2000
07 May ₹60 ₹900 ₹2000
06 May ₹50 ₹1000 ₹1500
05 May ₹65 ₹1000 ₹1500
04 May ₹65 ₹1500 ₹2000
03 May ₹85 ₹1500 ₹2000
02 May ₹85 ₹1500 ₹2000
30 April ₹90 ₹1500 ₹2000
29 April ₹75 ₹1000 ₹1500
28 April ₹45 ₹800 ₹1100
27 April ₹25 ₹500 ₹1000
26 April ₹25 ₹400 ₹-
25 April ₹15 ₹- ₹-
23 April ₹15 ₹- ₹-
21 April ₹- ₹- ₹-
20 April ₹- ₹- ₹-
19 April ₹- ₹- ₹-
18 April ₹- ₹- ₹-
15 April ₹- ₹- ₹-
14 April ₹- ₹- ₹-
13 April ₹- ₹- ₹-
12 April ₹- ₹- ₹-

LIC IPO Date & Price Band:

IPO Opening Date May 4, 2022
IPO Closing Date May 9, 2022
LIC IPO Face Value ₹10 per share
LIC IPO Price ₹902 to ₹949 per share
LIC IPO Lot Size 15 Shares
Issue Size 221,374,920 shares of ₹10
(aggregating up to ₹21,008.48 Cr)
Offer for Sale 221,374,920 shares of ₹10
(aggregating up to ₹21,008.48 Cr)
Retail Discount Rs 45 per share
Employee Discount Rs 45 per share
Issue Type Book Built Issue IPO
Listing At BSE, NSE
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII (HNI) Shares Offered Not less than 15% of the Net Offer

LIC IPO Tentative Timetable

LIC IPO opens on May 4, 2022, and closes on May 9, 2022. The LIC IPO bid date is from May 4, 2022, 10.00 A.M. to May 9, 2022, 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

IPO Open Date May 4, 2022
IPO Close Date May 9, 2022
Basis of Allotment Date May 12, 2022
Initiation of RefundsMay 13, 2022
Credit of Shares to Demat Account May 16, 2022
IPO Listing Date May 17, 2022

LIC IPO Market Lot:

The LIC IPO lot size is 15 shares. A retail-individual investor can apply for up to 14 lots (210 shares or ₹199,290).
Minimum Lot Size: Minimum 15 Shares
Minimum Amount: ₹14,235
Maximum Lot Size: Maximum 210 Shares
Maximum Amount: ₹199,290

LIC IPO Details by Investor Category

Category Bidding at Max Bid Amount Basis of Allotment Discount Final Price
HNI At price Rs 9,067 Cr Proportionate No Rs 949
Retail Cut-off Not above Rs 2 lakhs Draw of Lot Rs 45 per share Rs 904
Employee Cut-off Not above Rs 2 lakhs Proportionate Rs 45 per share Rs 904
Policy Holders Cut-off Not above Rs 2 lakhs Proportionate Rs 60 per share Rs 889

LIC Company Financial:

Particulars For the year/period ended (₹ in Millions)
31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 40,907,867.78 37,464,044.68 34,141,745.74 33,663,346.17
Profit After Tax 17,153.12 29,741.39 27,104.78 26,273.78

Disclaimer:

- IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies

LIC IPO GMP aka Grey Market Premium FAQs

1. What is the Grey Market Premium (GMP) price of LIC IPO?
The Grey Market Premium of LIC IPO is approx. in between â‚¹40 at the moment.

2. What is the Subject to Sauda price for LIC IPO?
The Subject to Sauda price for LIC IPO is approx. ₹2000.

3. How much will be listing gain be in LIC IPO?
LIC IPO listing gain will be approx. 10% (update on a daily basis)

4. What is the Kostak price of LIC IPO?
The Kostak price of LIC IPO is approx â‚¹800.