Life Insurance Corporation of India (LIC) IPO Message Board (Page 62)

Dear experts. How many shares will i get if i apply 5 lots or 75 shares in PH quota and if PH quota is subscribed 5 times ?

Net banking se retail me apply 903 se Krna hai ya ,949 thoda confused hun koi bata sakta hai????

@Tarun,
I believe you are applying in Retail.
You apply at cut-off price i.e 949 Rs.
Automatically it will block amount by excluding 45Rs discount.

There is high chance of subscribing fully in policy holder category by today itself.
Retail participation also looks good.

PH quota is going to be fully subscribed looks like in next 30 mins.
This is a great response for LIC IPO.
I think we can FF in HNI and PH quota without any doubts.

All the best for bumper gains...

Net banking se retail me apply 903 se Krna hai ya ,949 thoda confused hun koi bata sakta hai????

Net banking se retail me apply 903 se Krna hai ya ,949 thoda confused hun koi bata sakta hai????

Is there any chance of getting allotment in policy holder catagory by applying minimum application amount?

@RPM: yes you will be having chances with 1 lot application too via lottery....your chances will be 1/subscription percentage , means if policyholder is subscribed 5X then your chances will be 1/5 means 20% means 1 out of 5 people who applied for 1 lot, will be allotted 1 lot.
@suneel: thanks for helping others....you are doing good job in responding to queries :)

@Lokes: Job less :) is one...others these are simple queries and I gained experience from experts like you...

Retail 10 lakh application received within 3 hour bhokal hai lic ka to 😱😱

Dear team chittorgarh can u add application wise subscription row also... It would be very helpful

Hello Everyone,
Please help me to understand, What is meaning of "Proportionate" (Basis of Allotment) in Policy Holders category?

Thank You @SuneelPadavala

@Ruchir,
As per my knowledge, in lottery or proprtionate, min allotment is 1 lot. It cannot go less than 1 lot.

Life is beautiful...good response from retailers, policy holders and employees.. that too when market is falling and funds are blocked in Campus and Rainbow IPO. Imagine if funds were not blocked then retail would already be half subscribed till now. Won't be surprised if retail section subscribed two three times..This will surely give listing gain no matter where Nifty goes. Mark my words.

[DOUBT ABOUT POLICYHOLDER CATEGORY]

I had updated my PAN card status on LIC website, and rechecked it to be there yesterday. Today, I applied via my Zerodha account, at 60 rs. discount for 1 lot, amounting to 13,335.

Does it mean that they have correctly identified me as a policyholder, and there are no chances of anything going wrong?

What i want to know is, did non-policyholders get the option in the dropdown to select 'Policyholder'?

Replies highly appreciated.

I think everyone will get that option but allotment will be made only to the eligible policy holder whose name appears in the list. So even if someone who is not eligible applies in policyholder quota his or her application will be rejected during allotment process by registrar.

Yes. Non policy holder can apply as policy holder bur his application will be rejected.

LIC IPO bas khulne ki deri hai

Thokam thok applications dalunga

Size dekhke flower samje kya?....🔥🔥

Hamara size to kaam, hope yours is large. 😂

Kitne tejasvi log hai🔥🤣

OMG with this speed retail and policy holder may get oversubcribed by 4-5 times minimum, plus the 6 day window period phew..........

Last day bid closing time for retail, employees, policyholders is 7pm 😯🥸
No doubt gov. is leaving no stone unturned to make it a succesful ipo 🎉🎊

Crazy subscription figure by Individual and Policyholder...So LIC get huge response from the advertisement..More 5 days remaining so 3- 4 times oversubscribtion expected..

Can we allow to apply in both policy holder and retail category with same PAN number? Please advise on this. Thanks in advance.

Yes you can apply

Yes.

I have a query please try to respond
Will there be any different allotment process for one who bids in PH+Retail and who bids in Ph+Hni? I mean would PH+retail and PH+hni be alloted in different quota or same under policyholder qouta.

All of them are different categories and alllocation would be as proportionate or lottery. Details are present at top of LIC page.

Hello Members, I am new to IPO. I would like to check for policy holder category discounted price is 889, is it means while applying i have to enter 889rs as bidding price

You select cutoff price, automatically it will block by reducing 60Rs discount.

@Members,
We are having technical difficulties in getting the policyholders subscription data from NSE exchange. Out team is working to resolve it asap.

Have anyone applied through HDFC NetBanking ASBA in LIC Policyholder Quota?
If Yes, then can you guide us that where we have to fill our policy number?

Retail employee and policy holder quota started with bang.. definitely retail may try to inch 2x times...policy holder will go crazy like small hni.... 🤞🤞🤞. Let's wait n watch.

This is phenomenal response from Retail and Policyholders....Looks retail will goto 2-3x and Policyholders will be 5X.....

My predictions based on first hour numbers...

HOW MANY QUTA RESEV IN POLICY HOLDER?

2,21,37,492 shares