LIC IPO Share Allotment Finalised. Did you Get LIC Share? How to Check

LIC IPO in India Share Allotment: The much-awaited initial public offering (IPO) of Life Insurance Corporation of India (LIC) has closed, and the company finalised share allotment on May 12. LIC’s Rs 20,557 crore IPO was bought within the range of Rs 902-949 per equity share, where eligible policyholders acquired a discount of Rs 60 apiece, whereas retailers and eligible employees had been provided a discount of Rs 45 per share. The issue was general subscribed 2.95 times, due to robust participation from policyholders and employees, whose portions had been subscribed 6.12 times and 4.4 times, respectively. Qualified institutional investors made 2.83 times bid for their allocations, whereas non-institutional investors’ portion was subscribed 2.91 times. The quota for retail bidders was subscribed 1.99 times.

Investors, who had bid for the issue, can verify the allotment status on BSE website or KFin Technologies Private Limited website.

Check LIC Share Allotment Status Via Registrar KFin Technologies Website

-To verify the share allotment status, choose the company name as ‘LIC — IPO’ from the drop-down listing on the Link Intime India website when it gets declared.

-Check box either PAN, Application Number or Depository/Client ID. Accordingly, enter the permanent account number or Application Number or Depository/Client ID in the field.

-Enter the given captcha in the provided space and click on the submit button.

-This will display the number of shares which have been utilized and allotted to the investor.

Here’s How to Check LIC IPO Share Allotment Status on NSE

-Go to NSE’s official website —

-Go to the “equity” option and choose “LIC IPO” from the drop-down menu.

-Enter your application and PAN Card number.

-Complete the “I am not a robot” verification and access your LIC IPO share allotment status.

To verify the LIC IPO share allotment on BSE, follow the same process right here —


According to market observers, LIC share price is quoting at a discount of Rs 25 in grey market today. They mentioned that LIC IPO GMP (grey market premium) has been in adverse zone for third successive day, which cannot be taken nearly as good improvement ahead of share listing date.

Market observers mentioned that LIC IPO GMP today is minus Rs 25, which implies LIC IPO grey market price has remained nearly steady for last 24 hours. LIC IPO GMP yesterday was minus Rs 26. Ahead of LIC IPO opening, shares of the insurer had been accessible at a premium of Rs 92. So, in close to 10 days, LIC IPO GMP has tumbled around 125 per cent. Market observers mentioned that adverse trend within the secondary markets have finished main damage to the grey market sentiments in regard to LIC IPO. They mentioned that ever since the opening of LIC IPO, the stock market temper across the world has remained bearish and this could possibly be the major possible reason for LIC IPO GMP fall.

However, stock market consultants mentioned that grey market premium isn’t an ideal indicator of the success or failure of a public issue. They mentioned that GMP is an unofficial data, which is non-regulated as well. So, one ought to have a look at the balance sheet of the company as a substitute of grey market sentiments because the financials of the company provides a greater and extra concrete basic picture of the company.

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