Life Insurance Corporation of India (LIC) IPO Message Board (Page 59)

FINAL FINAL FINAL
THERE IS NO sHNI Quota
Re: LIC IPO =Reservation for applicants with an application size of more than ? 0.20 million and up to ? 1.00 million,
Ref: RAN/STAT/LIC/60/13765721 Dt.: 04/05/2022

Dear Investor,

Unit : LIFE INSURANCE CORPORATION OF INDIA

We thank you for writing to us.

With reference to your mail, we would like to inform you that, the allotment will be done on proportionate basis on overall issue as per old process, since the SEBI has given exempted for this LIC IPO.

Further kindly refer the term "basis of allotment" in RHP for more details.

This is for your Information.

Best Regards,
KFin Technologies Limited

RANJANA PANDEY

Corporate Registry
Investor Support Centre : https://ris.kfintech.com/clientservices/isc
ORIGINAL QUERY :
LIC IPO
Dear Sir,
As per latest SEBI guidelines , the latest allocation method is as follows :
???The Equity Shares available for allocation to Non-Institutional Bidders under the Non-Institutional Portion, shall be subject to the following: (i) one third of the portion available to Non-Institutional Bidders shall be reserved for applicants with an application size of more than ??? 0.20 million and up to ??? 1.00 million, and (ii) two-third of the portion available to Non Institutional Bidders shall be reserved for applicants with application size of more than ??? 1.00 million, provided that the unsubscribed portion in either of the aforementioned sub-categories may be allocated to applicants in the other sub-category of Non-Institutional Bidders.
MY Query :
My query is, I could not found this type of allocation guidelines in RHP of LIC of India. Please be specific whether the above rule of SEBI will be followed by LIC of India and if YES , please provide the page no. of RHP , where it is mentioned . And also your detailed explanation / clarification on the matter in case it is exempted by SEBI.

Application wise subscription??

Campus 76/80
Lic 61/64
Rainbow 31/33
Delhivery 16/- buyer
Prudent 36/- buyer o

🌟 LIC IPO

🔸Total Subscription: 0.67x

🔸Retail Category: 0.60x

🔸Policyholder Category: 1.99x

🔸GMP : Rs 30 - Rs 32 Per Share (GMP may fall further if Market Conditions are Bearish)

ADMIN SIR
i request u to plz add application wise subscription data in retail category for every ipo.

Dear admin ,

Yaha pe sab log ipo apply kese kare wo sab basic baate kar rahe hai.....aur iss sab discussion me important message pad pana muskil ho jata hai .

To admin se request hai ki ipo apply kese kare wo sab basic knowledge wali baate par ek page banaye aur uss page me ye sab discussion hona chahiye .

Regards ,
Gujarat Lomdi

@gujrat: it's basic human mentality everywhere, very few people read the things already shared on this page and some don't even read the message on this page and ask same thing again which is already available in comments in first page. So nothing will change. I have also informed yesterday 2 times to everyone to read info available on main page, but there are so many people coming on site daily and asking questions directly without checking anything. Even in office work, many times we give some common information in mails to everyone still people keep pinging and asking about same general info :)
@harit: in my opinion, it won't stop even if seniors won't respond, there are many others who will respond and i think nothing wrong in helping someone. We should not demotivate others who are helping and replying others. Whoever has time, they can help and reply.
And those messages asking something are much better than above useless message here from @Iponahimilraha , hope you agrees.

@lokes agreed with you....sabka sath , sabka vikas

If I apply for 14 lots (just under 2 Lakh value), will I get more shares than someone who applies for 1 lot?

@ Avenue.... Thanks for the clarification.

Yes its a basic question but I always apply in 1 lot or in HNI. This time I sold 2L applications in grey so wanted to clarify. Thanks again.

@rajkumar: seems indirectly you wanted to know that retail category will be oversubscribed or not application wise.
I think it will be oversubscribed application wise also and mostly will be allotted 1 lot only via lottery. Actual subscriptions will be around 2x or more since many are applying with multiple lots in retail. So it's better to apply on last day in retail either 1 lot or more after having clarity on application wise subscription so that we don't block much amount in retail which is not needed in case of application wise over subscription.

Dear Members,
How Employee and Policy Holder categories allocation determined? Is it same like Retail? Minimum one lot or proportionate against the applied shares?

Both categories on proportionate basis and not like retail.
Those who have applied maximum lot have better chances of allotment

Thanks ganesh!

I have linked my policy to my PAN no. But LIC PAN seading app showing PAN no. is not linked with policy. What LIC pan seading app is showing Policy not linked with PAN no. at current date or Policy not linked with PAN no. before 28 Feb? It is confusing. Does any one has any idea what it shows?

@IPO Trader

There will be no separate quota for Small HNI and big HNI.

In LIC no separate quota for shni, bhni for others upcoming IPO it is, so it will be helpful

New HNI rules not applicable for more than 10000 crore issue now. It will applicable from 1st July

BIG BREAKING
Delhivery Limited IPO

Date : 11-May to 13-May-2022
FV : Rs 1
Price : Rs 462 - Rs 487
Market Lot : 30 Shares
App Amt : Rs 14,610
Size : Rs 5,235 Cr
Retail : 10%
Retail Form : 356,873
EMP : Rs 20 Cr
Discount : Rs 30 (Employee)
QIB : 75%
NII : 15%
Listing At : BSE, NSE

Registrar : KFin Tech
Allotment : 20-May-2022
Listing : 24-May-2022

High valuation, time to just skip this loss making Delhivery IPO.
Many better opportunities available

Hello... I am policy holder
One share price is 949-60=889.
One lot amount is 889X15= 13335.

How many lot can I apply in Policy holder... Is their any particular no.

As per my calculation as below.
200000/13335=14.99 means 14lot can I apply?

14 x 13335 = 186690.
210 shares worth.

Is there anything wrong in this calculation?

Thank you for your time and consideration.

Nothing wrong in this calculation.
Apply for 14 lots in policyholder category.
Also if you have funds apply for 1 lot in retail category too.
A policyholder can apply in retail too.

Apply for 14 max. Dont treat discount as additional leisure to apply.

Dear Team Chittorgarh,

Can we get Application Wise IPO Subscription details against Policy Holder and Employee categories too. That will be helpful to take decision.

P. E multiples of Insurance Companies
1. HDFC LIFE : 99
2. SBI LIFE : 75
3. LIC : 201
DECIDE YOURSELF TO SUBSCRIBE OR AVOID.

@ Maria mam
What do you mean to understand? LIC is dear or SBIL/HDFCL cheap ?
Thank you

@Maria,
With due respect one question, I see you are posting same message multiple times and asking everyone to decide. Any reason why you are sending multiple times?

Embedded Valuations
HDFC Life 3.1X
SBI Life 2.6X
ICICI Pru Life 2.1X
LIC 1.12X

Source: CNBC Aawaz

@admin
Is it possible to find application wise subscription now? For retailers

ARCA
retail subscription application wise is 0.48 till now

@Alert ,
How to check application wise details? Can you share the link

I have not read what chalak lomdi wrote and what Norrul replied, but that must have been fitting reply. If anyone attacks me personally I too will give a fitting reply. But I must say this tu tu me me , personal attacks on individual members and now even on Admin, have all become too frequent recently. It this continues, this forum will loose it's attraction. Admin has every right to do whatever is in interest to keep this forum running and progressing, members need to focus on their action... I don't know the reason of irreverent person targeting, is it jealousy, ego or stupidity. I hope members are wise enough to stop this forever and focus on what best and how much you can take away from these discussions and from this forum
I am seeing people even disliking greeting messages. If admin mentions even once not to post such greetings, we all should stop. Till then even if someone does not like such or any other message that he does not like, one should simply ignore and move on. May be some serious member may not like humour in some of our messages as humour is not related to IPOs.
I request all members never to target anybody, be humble, helping and thoughtful.
If someone has too much of free time, please study and analyse allotments in new IPOs as per new rules, when they are declared and how they have resulted in subscription level changes in all categories.
Cheers !!!

@Avenue ,
I totally agree with you. I can't understand why someone need to attack another person , by any means.
I have read both the messages. Noorul has responded with warning and Noorul have all the right to respond as he was attacked personally for no reason.

I think everyone should follow some discipline , not to attack individual or a group of people. After all we are Human being , think from that perspective , all other divisions are irrelevant.

Share knowledge , keep learning , make money.

Happy investing..

Shallow minds can't understand politicians agenda, they get swayed like leaf, travel and meet with new people, read some good books, go deep and dive then you MAY able to scratch the surface and will surely be enriched in thoughts.
Char din ki zindagi hai kya sath le k jana hai.

how do i sell in grey market? any leads contacts. i wanna sell. any buyers? mechanism?

Latest gmp. Kya h tell us anyone

As soon as it became evident, that LIC ipo may easily sail through, there came the rate hike in the afternoon.

Yes
Pure calculations and timings