Life Insurance Corporation of India (LIC) IPO Message Board (Page 40)

Reading between the lines......

If it lists between 930 - 940, even then the retail / employee / policyholder bidders will be at a profit and may offer their lots (huge quantity) at listing price. This being so, the QIBs and HNIs shall stand the chance of grabbing all such shares, ostensibly below the IPO price fixed for them!

May be shrewd fund managers at QIBs and intelligent HNIs would have sensed that and stayed away from bidding in bulk in the IPO.
What a game we may see, just within 8 days!

This is a good analysis @checkmate and it makes absolute sense.

To add to this, if QIBs were not at all interested in LIC IPO, the anchor portion would have also been undersubscribed. But, all the major mutual fund houses have received allotment in the anchor phase. Rest of the QIBs are waiting for retailers and policyholders to panic sell the lots allotted to them on listing day (based on the QIB subscription, GMP and also the general negativity around this IPO) so that they can grab the lots at lower than IPO prices.

Many HNI investors have applied in all their family members as policy holders category for discount. FII have not applied because of market conditions. Everyday SGX opening negative. FII are selling in our market daily. So don't expect any significant profit from LIC IPO. How much of discount will be taken away by market will be known in some days.

25 aplication रिटेल में bid लगाई है कितना हो सकता है लॉस या प्रॉफिट

You will be alotted in all your retail application with 1 lot each.
Retail application wise subscription is around 1X.

Any good stocks in secondary market for long term ?

Can anyone guide where I check the application wise subscription? Not only for LIC, I wanted to know in general too. Thank you.

GMP down to Rs.8 after IPO closure.

final verdict guys

only applying in retail and not in policyholder
high chances of getting trapped in case applications are withdrawn

i think embedded value figures are not fair, they should at max be around 3l cr and then mcap/ev would be 2 which is okayish

LIC premium 4l crore( low margins , low growth) , EV : 5.4L cr
prvate players with better margins and growth, premium : 40000 cr, EV : 30000 cr

don't you find this fishy.

If you do, repeal your policyholder's application,
if you don't, then apply with full force

@ ipo stonks, Yeah EV has been calculated by independent advisors Milliman, it was one of the factors that indicated fair price
Also, I went through all of the reviews above and found the one by Elara Capital quite bullish

@ipo stonks

Thanks for replying buddy
just saying that anindependent 3rd party has calculated EV value and therefore needs to be trusted is a bit arbitrary in my opinion.

We all know how easy it is for our govt to influence these so-called independent 3rd parties.

Logically, with lower margins and growth than private peers, LIC should command a lower EV/Premium collection ratio and not higher

if on 40000 cr premium, a great franchise like icici is getting 30000 cr EV(.75), LIC shouldn't get more than .6(equivalent to SBI) so fair EV value is approx 2.5lakh crore and 3 lakh cr at max

Don't listen to negative views. This is definitely a long term holding stock.

Time horizon for this stock. How long should I hold this stock for good returns

It's a wealth generator stock . One should keep adding this stock for good gains in future.

Namstey Sabko,

Can someone explain how does HNI allotment works? For example if someone has applied for 71 lots (1065 Shares - 10lakh+), how much will they get from HNI listing? Please do explain someone.

You will be allotted 1/3 rd of 1065 shares as it is subscribed by close to 3 times and it is proportionate allotment in HNI quota and is the last IPO in which the old HNI rules apply.

It seems to be going to another much hyped IPO

History of following MEGA IPOs of Indian equity market worth reading 📚

Reliance Power
Coal India
Paytm (One97)
PolicyBazaar

Retail investors are eventually trapped again and again

Kya Baat kar Rahe ho Bhai. Chittorgarh Forum Par Bade Bade English Medium mein Padhe likhe Log keh rahe hai IआरCटीC ka Example de Rahe hai? Ek Naam ki Rat Laga rahe hain "IRCTC" "Monopoly" IRCTC ki Capital LIC Se Bahut Badi hai Rs 160cr ??? Garden Reach dock, Cochin Shipyard, Mazhgaon Dock, HAL, GIC, IRFC, NHPC SJBN ki Yaad nahi Dilate. Ek hi Yaad hai IRCTC. Jyada Padhe Likhen Logon ka Gyaan bhi jyada hota hai.
हमारी शुभकामनाएँ सभी इंवेस्टर पैसा कमायें, धनवर्षा हो!

For me Coal India IPO is 3rd company to give huge gains after Tech Mahindra and Infosys.

IPO price: 245
Retail price: 232.5 (5% discount)
Listing price: 310 (sold half at listing and remaining half at 400)

LIC 1 YEAR TARGET Rs 2500

Yes will be here after 1 year just remember me

Post with some reasoning to justify your target. I can also randomly say it will go 5000 or 500. Try to use this forum judiciously.

Market cap of Campus Activewear stood at Rs 10,955 crore & Lic is Rs 6.02 trillion & people are still saying negative listing lol

Not understood how you are linking too. Campus had fairly high demand. LiC did not had that quality of demand. So negative listing is possible

LIC GMP : 12---14. 👆

1000% discount listing.
Actual price should be 400 to 450
Other insurance companies
Price is comparability reasonable
compare to this issue.
Loot ne ko aa gaye public ko.

Sub ko pata cha le ga
On listing day.....

Anybody who feels that this will list at discount can simply refrain from applying instead of creating fear and panic.

There are a lot of negative and discouraging comments for this ipo particularly, not sure why!

450 nhi muje
550 me buy karna hai boliye sir

Sab log salah Dene aa gaye hai
Lekin lic ek achhi government company hai
Iske sath kisiko bhi comparison nhi ho sakti
100% plus hi listing hogi
Rpower aur paytm ki log bat karte hai
Wo dono company loss making thi wo sochiye ek bar
100% upi I'd wale request accept krle

Jyada socho mat upi I'd wale request accept karlo
BINDASSSSS

GMP 10/-

If you have taken LIC POLICY,
It will at least give you 6to7%
Return in long term.
Ye tau kuch bhi nahi dega.
Listing ke din he pata chale ga
Ki kiski chuti.

Who ever invested in LIC IPO and will get allocation will see a bumper listing.Mark my words Rs. 1200 plus listing and will go up further.

Enjoy the listing.

I applied 14 lots × 12 applications in policy holder catogary....
Very bullish

As per subscription figure
I will get total 430 shares approximately
I will hold all shares for long term for multibegger view
Good luck frds

Aftereffects of LIC IPO.
1. The market will take many more days to come forward as the effect of strong earthquake and market will give aftershock effects.
2. Just remember that after LIC ipo great Liquidity has been absorbed and market will face great Liquidity crunch as most of the money goes in this ipo.
3. Just after the listing of Paytm ipo, market crashed, here too possibility of discount listing can't be ruled out as QIB and NII portion subscription is not much. Hence market will take much time and global market is also not supporting.
4. Fiis are continuesly withdrawing the funds and no sign of reversal it, and Rupee becomes too weak this is also major concern.
5. Inflation data is too major concern.
All these points indicate the Beginning of Bear market.

Seems that some cartel at work to discourage investors for LIC IPO.

Please consider this, out of 22.14 Cr Shares ( 3.5%) of LIC shares, Only 9.88 Cr ( 1.56%) of LIC shares we're available for FII, DII and MF either as anchor investors or QIB.

Do anyone think that ownership of only 1.56 % of LIC will satisfy the appetite of QIB? Certainly they will stand in secondary market to catch whatever comes their way to increase their holdings of LIC shares.

And also since Government has diluted only 3.5 %, it has to come back to primary market for more dilution after 12 months, so Govt will also see that LIC shares will have good listing.

So there will be good demand in secondary market for a reasonable time period for LIC shares.

Requesting genuin investors not to get panic or fall in trap of cartel if any.

Note : I have applied with FF.
1 application of 14 lots in PH and 3 applications in retail.

Reading between the lines......

If it lists between 930 - 940, even then the retail / employee / policyholder bidders will be at a profit and may offer their lots (huge quantity) at listing price. This being so, the QIBs and HNIs shall stand the chance of grabbing all such shares, ostensibly below the IPO price fixed for them!

May be shrewd fund managers at QIBs and intelligent HNIs would have sensed that and stayed away from bidding in bulk in the IPO.

What a game we may see!