Today LIC IPO share allotment: How to check status through BSE, KFin Tech and GMP

LIC IPO Share Allotment: Life Insurance Corporation of India is more likely to finalise the IPO share allotment today, which is keenly awaited by investors who’ve participated within the nation’s biggest-ever public issue. Investors can verify their share allotment status both on the BSE website or the website of IPO registrar by following three straightforward steps. Allotments shall be completed on May 12 and shares shall be credited to the demat accounts on May 16. LIC, which slashed around 60 per cent of its issue size resulting from poor market circumstances, had earlier fixed the value band at Rs 902-949 a share.

The IPO was a pure offer for sale of up to 221.37 million shares. The firm reserved around 59.29 million shares for the anchor investor portion. Employee reservation portion is at 1.58 million, whereas policyholder reservation is at 22.14 million. The QIB portion is about at 98.83 million.

Check LIC Share Allotment Status Via Registrar KFin Technologies Website

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

-Check box both PAN, Application Number or Depository/Client ID. Accordingly, enter the permanent account number or Application Number or Depository/Client ID within the box.

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

-This will show the number of shares which have been applied 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 here —


The grey market premium (GMP) of Life Insurance Corp (LIC) shares on Wednesday turned negative forward of its listing on May 17.

LIC GMP was at Rs 93-95 a share after which it began going downhill. It was trading between Rs 8 and Rs 10 a share on May 5. On May 6 and 10, it was very unstable, with a downward trend, he said. From Rs 8-9 a share, it fell to negative Rs 15 a share on Wednesday, experts mentioned.

The GMP has fallen steadily from its peak amidst worries of lukewarm response from foreign traders. The IPO was subscribed largely by retail and domestic institutional buyers. Foreign investor participation was muted. Volatility, sparked by fears of a tightening by global central banks following larger inflation, additionally worried investors.

Currently, LIC shares are being traded at a discount within the grey market (unlisted market), could also be impacted by the nervousness lingering within the equity market. The benchmark indices in addition to broader markets corrected in double digits in more than one month as investors could possibly be looking more worried about earnings and financial growth amid rising inflation concerns.

Before the opening of public issue, it was trading at a premium of Rs 95 within the grey market premium, indicating about 10 % upside, as per IPO Watch.

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