LIC IPO Listing Price Today, Listing GMP, Listing Status check

On May 17, 2023, the LIC IPO Listing Price would be listed on the bourses. On May 12, 2023, the LIC’s initial public offering allocation was announced. About three times as many people subscribed to the issue as copies were available. It has been reported that the price of each share would be set at Rs 949, which represents the highest limit of the price range that was established by the government before. It is anticipated that the offering would bring in Rs—20,557 crores for the government.

LIC IPO Listing Price

The firm now operates in nearly 2048 locations throughout the United States and has locations in other countries. The company’s initial public offering (IPO) was to facilitate the listing of the company’s shares on a stock exchange and the subsequent selling of approximately 221,374,920 shares by trading shareholders. A Retails Individual Buyer may apply to up to 14 units.

Company Name Life Insurance Corporation of India
LIC IPO Bidding Date 4th May 2023
Last Date to Apply 9th May 2023
Lot Size 15 Shares
IPO Price Above Rs 9000/-
LIC IPO Allotment Date 13 May 2023
LIC Share Listing Date 17 May 2023
Listing Price Rs 949/- Per Share

The deadline for applying for the shares was May 9, 2023. On December 31, 2023, the company’s total assets were valued at Rs. 40,907,867.78 Million, and it has generated a profit of Rs. 17,153.12 million before taxes. In this post, we have discussed various topics, including GMP, subscription information, and the procedure to follow to determine the current state.

Following that, you will be able to see the Allotment Status of your LIC IPO as it now stands. If you do not get an IPO, then the money will be reimbursed to the bank account you provided at registration. Winners of the auction will have their shares deposited into their accounts on May 13, 2023.


A discount of 45 per equity share was made available to retail investors and LIC’s qualifying employees compared to the issue price. On the other hand, policyholders received a discount of 60 per share. LIC policyholders and retail investors were able to acquire shares in the company at a price per share of either 889 or 904, respectively.

LIC IPO Listing Price

The initial public offering (IPO) of LIC was successful, with approximately three times the amount of shares being purchased, with the majority of purchasers coming from retail and institutional markets. At the same time, involvement from overseas investors was relatively low.

Through the Offer for Sale, the government has successfully reduced its ownership of the life insurance company by 3.5 percent (OFS). As a result of the turbulent market circumstances, the issue size was decreased from the previously agreed-upon 5 percent.

Listing Status Check

  • Proceed to the portal’s main page and look around. The portal’s landing page will load up on display at this point.
  • Scroll down the page until you come across the option for quick links.
  • You will then notice a link that says “Check IPO Status” below that.
  • If you choose that link, the gadget will bring up a new page when you do so.
  • When you choose the LIC IPO from the menu that appears, a new page will load in its place.
  • On that page, you will find five links that you may use to verify the allocation. Choose one of them by clicking on it.
  • Choose the initial public offering (IPO) whose status you want to examine, then go to the next page.
  • Now, choose the method you want to verify the IPO (Application Number, DPID, or PAN Number), and click the Check button.
  • After that, input all of the data according to the option selected in the phase before it.
  • Check that all required information was entered, and then hit the submit button.
  • The information on the allotment will become visible on the screen after a few seconds.


Market observers believe that the GMP of LIC is not spectacular since the initial public offering (IPO) did not have a substantial reaction from institutional investors or overseas investors. The industry professionals pointed out that this might be the key factor contributing to the dropping of GMP. Due to the lackluster state of the market, LIC’s initial public offering (IPO) was met with various reactions, despite the company’s cheaply priced values.

On May 9, the inaugural share sale of state-owned insurance was completed. On May 12, the bidders were given their allotments of the shares. Through the initial public offering (IPO), the federal government sold off around 22.13 crore shares, representing a 3.5 percent interest in the LIC. The price range for each share was between Rs 902 and Rs 949.

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