Life Insurance Corporation of India (LIC) IPO Message Board (Page 54)

I think IPO has sailed through, which GOI wanted. Now, I think they won't even care about the listing price.

@Admin, Please update application wise subscription details.

why timings extended upto 7pm on 1st day for this IPO? any specific reason? if there is no reason then why undue preference is given to LIC ipo?????
Even old HNI rules applied for this....
whether this shows unlawful use of institutions by govt??

@cautious Proprio
Nothing wrong done by RBI or SEBI in opening of bidding on weekend. with the magnitude of biggest financial institution IPO, these extraordinary measures are necessary

@ganesh jaiswal i feel 3 days with regular timings is more than enough for subscribing this mega IPO too, all these steps taken shows that govt n sebi was not confident about success of this ipo

Decided to take the plunge. Just now applied in my wife's name for a lot through Sharekhan, using UPI mandate after several unsuccessful attempts. Axis Bank Internet banking website is down. SBI refused to entertain my wife's application as she is the joint holder. Finally, BHIM Axis Pay mobile app showed the notification for approval, which I did immediately. The mandate end date is 24/05/2022. The retail discount of Rs 45 has been considered in the mandate as the blocked amount is Rs 13,560 for one lot.

May buy at 865/885 after listing .....

Asli Guru tum hi ho

Thanks ...But Asli Guru is only Lokes bhai here it seems..

third party ASBA in SBI is working through SBI Yono light mobile app. use request and then select IPO. all third party registered person application can be applied from here.

I had applied for 1 lot through sbi asba under policy holder category, the price range is shown 902 to 949, no discount price is indicated, the above mentioned range is for individual category. Can anybody clarify

When you are applying at that time system automatically take discount .

Looking at the current market conditions and global scenario, one could expect flat listing or hardly any listing gain. So if you are planning to invest for long term, you can buy after listing as well as much as you want, even if you have to pay let's say 30-40 rs more per share, in long term, it shouldn't matter. LIC is not going to fly in any way, so you will always have a chance to enter after listing at the same/around price. You should avoid applying in full-force considering the current market conditions, keep some money left for later on if averaging is needed.

And for those who just want listing gains, be ready to block your money or even book loss, look at the IRFC where it's now, even though strong financials.

And finally about GMP, which is hovering around 50, can vanish in a blink of eye after Monday, as we've seen in a lot of previous IPOs. In Campus, even though excellent QIB figures, GMP has came down merely to 50, which was used to be around 90/100, just a couple of days ago.

On a lighter note, LIC kahi nahi ja raha he, LIC ki policy or shares jab chahe, jitne chahe apko milenge, don't worry :)

Now in this scenario many applications will be withdrawn and will be available right data after Tuesday 12pm

2nd joint a/c holder is allowed in SBI-ASBA or not

Yes you can apply if pan no of secnod holder is given in bank ac

Cancelled my application. Market is falling heavily, even discount listing possible.

Latest gmp tell us anyone pls campus

Rajasthan mein ek kahawat hai
Kaal [ Draught ] Mein "Idak Masho" [ 13 Mahine ka Varsh ]
Matlab 1 LIC ka IPO Close hua Nahin ki 3 IPO Maidaan Mein.

Hello everyone,
Greetings of the Day
I have applied 4 lots in PH Category.
I have applied 1 lot in Retail Category.
Now i want to add 3 more lots to Retail Category.
Whether i will cancel the existing retail application and file a new application or just file an ASBA for additional 3 lots.

Thank u for the response Sir
Earlier I applied through GROWW.
Now as experts suggest that I should increase my PH applications and not Retail.
Can I apply those additional lots using my Bank's ASBA and not by cancelling the previous application made through GROWW.
Kindly advise.

Cancel Groww application and make a new revised bid in policy holder through ASBA which is better and safer to avoid rejection due to multiple bids in the same category in single PAN.

Expert pls suggest I have 12 lots money so I hit 12 lots through 1 policy holder or 4 lots each through 3 policy holder or either go in retail category pls suggest

3 retail of 1 lot each + 9 lots as single Policy holder in one of your accounts is the best bet

Second would be 12 lots in single Policy holder account.

Choose based on the subs at last day on 9th.

What is the latest GMP?if alloted, is it good to for long term?

LIC KA GMP KITANA CHAL RAHA HE???

50

Can I apply in both Retail & Policy Holder category using same PAN? Experts pls advice

If we are using Zerodha, how do we apply for 2 applications ( 1 for policy holder and 1 for Retail )

@Sahilsabhlok ,
Only one application from Zerodha.
Other application need to apply as bank ASBA

Is last date for application same for Retail / PH and HNI ? Or different ?

Last date is same Monday for all but timings might differ depending on banks.

Yes, it's same for the mentioned categories

Nasdaq is seeing a heavy selling.

I think they are smelling Indian retail participate there is going high.

Thinking that Indian retail investors will custion there selling 🤣

Just joke .. market hot red
happy investing