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Life Insurance Corp.of India IPO
₹875.25
−7.77% on listing
Listing-day close · NSE · 17 May 2022 · issue price ₹949
Life Insurance Corp.of India’s ₹20,557 crore IPO was priced at ₹949 a share. It listed on the NSE on 17 May 2022 and closed its first day at ₹875.25, down 7.77% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹20,557 Cr
- Fresh issue
- —
- Offer for sale
- ₹20,557 Cr
- Lot size
- 15 shares
- Minimum investment
- ₹14,235
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 2.05× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹6,00,242 Cr
- P/E (post-issue)
- 262.1
- EPS (post-issue)
- ₹3.62
- Price to book
- 92.1
- Promoter holding
- 100.00% → 96.50%
Financials as of 31 Mar 2021, from the offer documents.
Listing
- Listing date
- 17 May 2022
- Issue price
- ₹949
- Open
- ₹872.00
- High
- ₹918.95
- Low
- ₹860.00
- Close
- ₹875.25
Listing day on the NSE. The close was −7.77% on the issue price.
LICI share price todayFAQs
When did the Life Insurance Corp.of India IPO open and close?
It opened on 4 May 2022 and closed on 9 May 2022.
What was the Life Insurance Corp.of India IPO price?
The price band was ₹902–949 a share. The final issue price was ₹949.
What is the lot size and minimum investment?
One lot is 15 shares, ₹14,235 at ₹949 a share. Retail investors apply in whole lots.
How much did Life Insurance Corp.of India raise?
₹20,557 crore: ₹20,557 crore offered by existing shareholders.
How many times was the Life Insurance Corp.of India IPO subscribed?
2.05 times overall.
How did Life Insurance Corp.of India list?
It listed on the NSE on 17 May 2022 at ₹872.00 and closed the day at ₹875.25, down 7.77% on the ₹949 issue price.
Who is the registrar of the Life Insurance Corp.of India IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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