Life Insurance Corporation of India (LIC) IPO Message Board (Page 56)

729. Thakkar vipul | Link | Bookmark | May 5, 2022 3:42:59 PM

Minor policyholder me
Apply kaise kare?

Minor pancard & minio policy does not match
Guardian pancard & minor policy number match

Please reply

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729.3. Vijay M Agrawal | Link | Bookmark | May 5, 2022 5:43:26 PM (300+ Posts)

Minor's PAN card should link with policy before 28th feb.

729.4. lokes | Link | Bookmark | May 5, 2022 6:48:57 PM

IPO Guru (4400+ Posts, 5100+ Likes)

@Thakkar vipul :guardian is applicable for applying in policyholder category not minor....so apply from guardian account in policyholder category.....
Ignore Vijay message, that is wrong.

728. antarix | Link | Bookmark | May 5, 2022 5:59:18 PM

IPO Guru (1100+ Posts, 800+ Likes)

LIC IPO will remain open for Saturday also for Retail Investors. Another concession given to this mega IPO. Officials have said that this is to ensure that huge number of applications are handled smoothly.

727. IPOTraders | Link | Bookmark | May 4, 2022 6:19:53 PM

IPO Mentor (800+ Posts, 400+ Likes)

@Admin can you please give a table showing the reserved quota fir each category, i.e. for retail, employees, policy holders, shni, bhni, qib.
That will be really handy & helpful.

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727.8. Viva Parab | Link | Bookmark | May 5, 2022 1:54:47 PM

@ Team Chittorgarh, When
Issues of "Subscription Updates" will resolves??. Pls confirm.

727.9. Team Chittorgarh.com | Link | Bookmark | May 5, 2022 5:25:35 PM

IPO Guru (1000+ Posts, 1500+ Likes)

@Viva Parab,
The issue with the subscription was resolved yetsterday itself. If you come across any error, pls let us know.

Thank you,
Admin @ Chittorgarh.com

ProStocks (Stock Broker) offers Unlimited Trades @ Rs 899 Per Month (or Rs 15 per trade) + Rs 0 Eq Delivery Brokerage + AMC Free Demat + Rs 0 Account Opening Fee. Team Chittorgarh.com guarantee you the best service. Open instant account

726. antarix | Link | Bookmark | May 5, 2022 5:14:29 PM

IPO Guru (1100+ Posts, 800+ Likes)

Refund/unblock of LIC IPO will be on 13 May. So, LIC IPO money can be deployed in Venus Pipes IPO where the last day for applying will be 13 May.

725. RajeshkJ | Link | Bookmark | May 5, 2022 3:02:45 PM

What are the changes retail quota will be oversubscribed application wise? That will help me decide to go for 1 lot or 15. Thanks.

725.1. antarix | Link | Bookmark | May 5, 2022 3:20:06 PM

IPO Guru (1100+ Posts, 800+ Likes)

If you want to decide on the basis of oversubscription, then better to wait till last day i.e. 9th May and apply at around 2 pm. That will give you a better picture of oversubscription in various categories. Pl. check your bank/broker timings also for applying.

725.2. PSR | Link | Bookmark | May 5, 2022 5:07:12 PM

IPO Guru (1200+ Posts, 700+ Likes)

Mr. Antarix is correct.

However, the number of valid applications likely to exceed the number of lots available to retailers. Correct position will not be known even at 2 PM on closing day. Further, there could be some technical problems at the fag end.

Hence, it appears to be most appropriate to apply for single lot in Retail.

However, when it is coming to PH quota, it may better to apply for maximum permissible lots.

724. Jetha Lal | Link | Bookmark | May 5, 2022 4:37:10 PM

IPO Guru (1000+ Posts, 2100+ Likes)

Hello friends,
A friend of mine applied in PH category from groww app through Gpay UPI.
The application was later cancelled by him from groww app but mandate was already accepted.
Now it shows that application cancelled but amount has already been blocked.
Kindly tell in how much time this amount will be unblocked so that he can reapply?
Your help will be highly appreciated

724.1. Ram kumar I | Link | Bookmark | May 5, 2022 4:49:33 PM

It might take few days to unblock

723. rafnas | Link | Bookmark | May 5, 2022 4:32:52 PM

Dear Folks,
new to the IPO world. Please answer the below query:
while applying in ASBA as retail investor, which price I need to mention there? (949 or discounted price of 904)?

723.1. Suneel Padavala | Link | Bookmark | May 5, 2022 4:44:11 PM (500+ Posts, 200+ Likes)

U mention 949Rs
It will block after reducing discount amount.
So u select cutoff price.

723.2. rafnas | Link | Bookmark | May 5, 2022 4:45:58 PM

thanks

722. 🎯 Big Bull 🎯 | Link | Bookmark | May 5, 2022 12:56:54 PM

IPO Guru (1000+ Posts, 700+ Likes)

Buy1 Share in each Demat of Indiamart
Cmp 4750
Buybck price 6250
1500 Flat profit on 5k investment

Grab fast

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722.7. amit K singh | Link | Bookmark | May 5, 2022 4:32:47 PM

IPO Guru (1000+ Posts, 1600+ Likes)

Buyback is small size and it's down 250rs today.. avoid is best..

722.8. LallanP | Link | Bookmark | May 5, 2022 4:43:20 PM

Buyback is for promotors to make 𝗧𝗮𝘅 𝗳𝗿𝗲𝗲 𝗺𝗼𝗻𝗲𝘆 when condition is favorable.

721. ConservativeBatMan | Link | Bookmark | May 5, 2022 4:19:34 PM

can't find HNI thread, any suggestion ?

720. IPO OPI IPO OPI | Link | Bookmark | May 5, 2022 3:18:20 PM

Is Pradhan Mantri Vaya Vandana Yojana (PMVVY) applicable for policyholder discount?

It's more like an FD giving 8% return to Senior Citizens but run by LIC on behalf of GOI...

Would appreciate if anyone can confirm this so that I can apply asap from my Parent's account...

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720.2. J K SINGH | Link | Bookmark | May 5, 2022 3:30:12 PM

Holders of all active policies are eliy for discount of 60. However, nominee or beneficiary is not eligible for discount.

720.3. SANDY INVESTOR | Link | Bookmark | May 5, 2022 3:35:32 PM

Yes this policy is eligible for Policy holder quota

719. Manup | Link | Bookmark | May 5, 2022 3:21:33 PM

Top Contributor (400+ Posts, 200+ Likes)

Yes you are eligible under PH quota

718. AbhishekT | Link | Bookmark | May 5, 2022 2:48:04 PM

Hi All

I applied one lot in retail category
My question is - How many lots can I apply in policyholder category?

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718.2. NAND KISHORE PARWAL | Link | Bookmark | May 5, 2022 3:05:14 PM

Top Contributor (500+ Posts, 200+ Likes)

You may apply maximum 14 lots or 210 shares

718.3. ganesh jaiswal | Link | Bookmark | May 5, 2022 3:15:05 PM

IPO Guru (1100+ Posts, 700+ Likes)

@Abhishek
You can apply maximum 14 lots (210 shares) in policy holders category. for better allotment chances apply maximum lots in policyholders category.

717. LallanP | Link | Bookmark | May 5, 2022 2:47:30 PM

Where is Josh!!!
Is it thanda, 2nd day

716. Dalal | Link | Bookmark | May 5, 2022 2:43:24 PM (200+ Posts, 100+ Likes)

Gmp 65

715. RPM | Link | Bookmark | May 5, 2022 1:16:58 PM

How to get physical form to apply in IPO?

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715.2. RPM | Link | Bookmark | May 5, 2022 1:42:06 PM

I have minor account in kotakbank..kotak doesn't allow netbanking or upi for minor.. and when I asked about physical form, RM told me to contact broker.. my broker is pro stock.. I called prostock but prostock doesn't provide physical form.. now I dont know how to apply in IPO from my son's minor account.
Can anyone guide me?

715.3. Rajni | Link | Bookmark | May 5, 2022 2:11:57 PM

https://ipoforms.nseindia.com/issueforms/html/index.jsp

714. Hostpacker | Link | Bookmark | May 4, 2022 10:39:05 PM

How to delete account permanently from here .

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714.12. MRavichandran | Link | Bookmark | May 5, 2022 12:47:28 PM

IPO Guru (2000+ Posts, 2700+ Likes)

@sdz
Good one ☝️
😂😂😂

Thanks

714.13. Avenue | Link | Bookmark | May 5, 2022 1:47:35 PM

@Hostpacker... I too am feeling this addiction issue and am also keen to find an appropriate solution...
But since since this forum has helped me a lot, I don't think deletion is an option. Also being a silent observer in not an option as if everybody was silent, I would not have learned anything here. However I am considering limiting access time here and also limiting participation.
Best wishes..

713. SekharG | Link | Bookmark | May 5, 2022 1:04:48 PM

Policy holders 2.5 X. Where as Retail 0.76X. I thought it would be other way..

713.1. Ravu | Link | Bookmark | May 5, 2022 1:41:47 PM

IPO Mentor (700+ Posts, 400+ Likes)

Obviously PH will subscribe more times .
Retail quota is more than 3 times of PH and allocation of PH is proportional with additional discount of Rs 15 .

712. Sree Invest | Link | Bookmark | May 5, 2022 12:57:32 PM

CUB ASBA has multiple categories.

LIC IPO
1.OTH
2.NOH
3.EMP
4.POL
5.IND

which category should i use for Retail application.

Note: Budding Investor

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712.2. Sree Invest | Link | Bookmark | May 5, 2022 1:34:57 PM

Thank you sir @Venkatram

712.3. Vijay M Agrawal | Link | Bookmark | May 5, 2022 1:36:03 PM (300+ Posts)

In IND category you can apply 14 lots

711. Nilaykumar | Link | Bookmark | May 5, 2022 12:49:13 PM

IPO Guru (1100+ Posts, 500+ Likes)

If policy holder quota will be subscribed 5 times then how many shares I get if I applied for 13 lot?
And how many if applied for 1 lot

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711.4. SANDY INVESTOR | Link | Bookmark | May 5, 2022 1:01:56 PM

PROPORTIONATE ALLOTTMENT & IT IS NOT MENTIONED THAT MIN 1 LOT WILL BE ALLOTTED TO POLICY HOLDERS SO
13*15 = 195 / 5 = 39
1*15 = 15 / 5 = 3

711.5. Nilaykumar | Link | Bookmark | May 5, 2022 1:34:09 PM

IPO Guru (1100+ Posts, 500+ Likes)

Okay got it thank you all of you

710. Jayy | Link | Bookmark | May 5, 2022 12:26:07 PM

What does mean Proportionate basis of allotment in Policy holder category ? As I Checked, Policyholder quota had fully subscribed. Is it better to apply 1 lot or 14 lot in policy holder category ?

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710.2. Aaashish | Link | Bookmark | May 5, 2022 12:48:57 PM

Top Contributor (200+ Posts, 100+ Likes)

apply 13 lots

rate helpful posts

710.3. SANDY INVESTOR | Link | Bookmark | May 5, 2022 1:03:07 PM

THE MORE YOU APPLY, THE MORE YOU GET. WHY NOT 14 LOTS ?