247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Life Insurance Corporation of India (LIC) IPO (Life Insurance Corporation of India (LIC) IPO) Details

Life Insurance Corporation of India (LIC) is an Insurance based company, located in Mumbai, Life Insurance Corporation of India (LIC) IPO size was 21008.48 Cr. and was issued at 949.00 per share. The share of Life Insurance Corporation of India (LIC) were listed at 875.45 per share and are currently trading at 859.00 per share.

Type :
Sub Sector : Life Insurer
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
683038.95 Cr.

PAT :
2190.41 Cr.

Pricing Report

Issue Price :
949.00

Listing Price :
875.45

Current Market Price :
859.00

Issue Price vs CMP :
90 (9.48%)

listing Price vs CMP :
16.45 (1.88%)

Performance Report (CAGR* wise)

CAGR : -3.64
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Life Insurance Corporation of India (LIC)

Company Information
Life Insurance Corporation of India (LIC) has been providing life insurance in India for over 65 years and is the largest life insurer in the country, holding a 64.1% market share in premiums, a 66.2% market share in new business premiums, a 74.6% market share in individual policies issued, and an 81.1% market share in group policies issued for Fiscal 2021. It also boasts a 55% share of all individual agents in India as of March 31, 2021. The corporation's substantial market dominance is attributed to its vast agent network, strong track record, and the immense trust in the
Object of Issue
  • To achieve the benefits of listing the equity shares on the stock exchange
  • To carry out an offer for sale of ,,0 shares by selling shareholders

Life Insurance Corporation of India (LIC) MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
May, 2022
IPO Size :
21008.48 Cr.
Market Cap :
600242.28 Cr.   
IPO Subscription :
2.95 X     
PE Multiple :
201.91
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Life Insurance Corporation of India (LIC) operates in Insurance and Life Insurer. The Issue is listed on MainBoard in May, 2022. Life Insurance Corporation of India (LIC) IPO size was 21008.48 Cr. with Issue price of 949.00 .

Merchant Banker(s) of Life Insurance Corporation of India (LIC) IPO: Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Goldman Sachs (India) Securities Private Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited , Nomura Financial Advisory And Securities (India) Private Limited , SBI Capital Markets Limited

Life Insurance Corporation of India (LIC) IPO subscription was 2.95 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Life Insurance Corporation of India (LIC) IPO listed at a listing price of 875.45 against the offer price of 949.00.

The current market price of Life Insurance Corporation of India (LIC) is 859.00.

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