Life Insurance Corporation of India (LIC) IPO Message Board (Page 70)

Curent gmp Lic

Suppose 12 Lakh Applicant in policy holder apply.

Then max
210 category. : Allotted. 45 shares
190 : 42 Shares
180 : 38 Shares
165 : 35 Shares
150 : 32 Shares
135 : 29 Shares
120 : 26 Shares
105 : 24 Shares
90 :. 21 Shares
75:. 18 Shares
60 : 15. Shares

Like wise below category may be distributed as lottery.
If Applicant will increase then ratio will decrease and vice - versa .
So if you have limited fund and more policy holder account then you can get idea to apply accordingly.

I m applying 3rd party application from INDIAN BANK from many years and getting ipo allotment also. Indian Bank name is not mentioned anywhere.

Sooner or later every banks stops this, infact SEBI very long time back itself cleared about third party ASBA, but we are continued to enjoy simply because some banks are providing....

When SBI stopped this recently (some people may argue Yono allowing, it is a matter of time or updating the app version), being a SBI giant in this field for ASBA services, crowd will follow..

Hence, be prepared in advance and make another options ready (UPIs or self account applications etc.).

Can LIC invest in its own IPO? :p

No

LIC can not invest in own IPO. Even LIC housing finance the subsidiary company of LIC can not apply in mother company IPO.
But be sure, Indian institutions are readying itself to apply big in this IPO.

What will be the basis of alotmnet in S-HNI and B-
HNI ??

is discount also applicable for HNI ??


Experts plz guid

Discount of 45/- only for Retail applicants not for HNI.

still Old rules are applicable in HNI category for this specific IPO, proportionate .

Retail application के साथ एक ही PAN से policy holder कोटा से भी application लगा सकते है क्या

Yes, laga sakte hain

Yes, laga sakte hain

रिटेल application me kitne amount भरना होगा

Maximum 14 lot, 2 lakh maximum

HNI allotment is clearly according to old rules ,what happens to anchor investors holding, is it also old rules of one month or new rules of 3 months ?

Means big HNI and small HNI not applicable on campus and Rainbow?

Yes not applicable they hot exception

Expert pl reply . Can i apply 2 application with same PAN and same DMat account . First application As a LIC policy holder and second application As a retail investor.

Hoping to get clarity from our mentors and gurus in the above message 👆

In general if any category gets less than 1X for that category every one gets what they applied for. What is the confusion?

Generally IPO is open for 3 Days but in case of LIC why it is 4 Days? Anyone pls teach 🙏

4,5 and 6 May these are working day so IPO should close on 6th but why 9th May also means 4 Days? Why?

anticipated number of applications. An ipo can be kept open for 10 days

Any idea why old HNI rules applicable to LIC ipo? Is it based on some clause or due to some special consideration?

One good news is , UPI mandate can be used by SHNI till 5L from this IPO onwards.

Bhakta jan parnam
Ego juta ne 60000- 70000cr block karwa diya.

@ German and K atar
The sentence speaks in itself much beyond what is pointed out by Atar and as much as you can see.

Hati (elephant) ka kya kasur, ego juta ne hati ko malik ko na kebol unka aukat samza diya valki unko niyot par bhi sawal khara kor diya.
Some political parties have told it a " Gigantic scam and plundering of national resources " The sequence logically signifies their contention where war is used as a pretext .
Now the shoe has exposed the reality. A mere company is able to block 70000 cr without any distortion to the market while the giant has been vacillating for two and a half month .


Thank you

Even then the retail people have doubt based on historical instances, its good to learn from history but each new opportunity should be judged on its own merits.
Your insights have opened new thought horizon, I wish what you are saying becomes true and those who apply in LIC earn handsomely (more than Ruchi & AWL).
Have feeling this time that we will be able to take a pie from thia giant cake..

🌟LIC IPO Update
Date: 4th to 9th May 2022
Price Band: Rs 902 - Rs 949
Lot Size: 15 Shares
Discount to Policyholders : Rs 60 Per Share
Discount to Retailers : Rs 45 Per Share

A LIC policyholder can apply in the following 2 categories:
1️⃣Policyholder + Retail
2️⃣Policyholder + HNI

Respected members,
I am policyholder and my pan is linked....
But i need suggestion of Experts....what you think
Should we apply or wait for subscription status before applying..

Apply blindly in policy holders quota with full up to 2 lakh lot and also apply 1-2 lots in retail. Policy holders and retail both quota will be oversubscribed due to huge discount. Allotment in policy holders quota proportionate basis. And in retail 1 lot in case of oversubscription through lottery.

Kya 1 pan card par two application kar sakte hai?
1 reiteller
2 policyholder

Yes you can apply as policy holder and retail or policy holder and HNI

Hi Expert ,what are market expectation of over subscription in Retail category?

First lot amount of lic ipo?

@noorul @rajkumar @lokes @mravi @ganesh @k.atar @amit chheda @k.atar @kdking @Gj & other experts

Could you please explain how a LIC policy holder can apply maximum through all mode - Retail/Policy Holder/NII etc.

@suneel: yes in this ipo, old HNI rules are applicable....it has one single hni category and old rules of allotment in HNI category.
yes in policyholder category, everyone will get proportionate basis with minimum allotment of 1 lot....same like our old HNI rules....

Thanks Lokes. It's very clear now.

It has 30 cr Policy holder and earned around 6% as Commission. Mostly policy holder have policy for 20 years or more so stable business .

They say that a policy holder can make 2 applications (retail/HNI+policy).

So help me understand better, if I apply in both categories and both categories are under subscribed, then how will I get allotment?
In both categories full allotment, in one category or partial allotment in both.

Also if both categories are over subscribed then in what manner will there be allotment?

Will I be allotted only in one of the applications, there is great confusion as both categories have diff basis of allotment and discount offered is diff as well?

???

Both applications will be treated different and will be allotted separately as per that category subscriptions.....
And you already know and told both category has different basis of allotment as mentioned by Admin also here on this main page.
https://www.chittorgarh.com/ipo/lic-ipo/1221/ (LIC IPO Details by Investor Category)
Discount offered has no role in allotment, it simply means you will be allotted shares at discounted price.