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May 4, 2022 - May 9, 2022

LIC IPO Subscription Details

LIC IPO Subscription Status Live

LIC IPO subscribed 2.95 times. The public issue subscribed 1.99 times in the retail category, 2.83 times in QIB, and 2.91 times in the NII category by May 9, 2022 (Day 6).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions2.8339,531,23611,20,68,96010,635.34
Non-Institutional Buyers2.9129,648,4278,61,93,0608,179.72
Retail Investors1.9969,179,66313,77,84,06013,075.71
Employees4.401,581,24969,49,965659.55
Others6.1222,137,49213,53,70,96512,846.70
Total 2.95162,078,06747,83,67,01045,397.03

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


LIC IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailEMPPolicyholderTotal
Day 1
May 4, 2022
0.330.270.601.171.990.67
Day 2
May 5, 2022
0.400.470.932.223.111.03
Day 3
May 6, 2022
0.560.761.233.064.011.38
Day 4
May 7, 2022
0.671.081.463.544.671.66
Day 5
May 8, 2022
0.671.241.593.795.041.79
Day 6
May 9, 2022
2.832.911.994.406.122.95

LIC IPO Shares Offered

LIC IPO is a public issue of 221,374,920 equity shares. The issue offers 69,179,663 shares to retail investors, 39,531,236 shares to qualified institutional buyers, and 29,648,427 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
Anchor Investor59,296,8535,627.2726.79%
QIB39,531,2363,751.5117.86%
NII29,648,4272,813.6413.39%
Retail69,179,6636,565.1531.25%
Employee1,581,249150.060.71%
Policyholder22,137,4922,100.8510.00%
Total221,374,92021,008.48100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

LIC IPO Subscription FAQs

The LIC IPO is subscribed 2.95 by May 9, 2022.

LIC IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional2.83
Non Institutional2.91
Retail Individual1.99
Employee Reservations4.40
Others6.12
Total Subscription2.95

Retail category of LIC IPO subscribed 1.99 times as of date May 9, 2022. The public issue closes on May 9, 2022 for bidding.

An investor can apply in LIC IPO online via bank (using ASBA) or the broker (using UPI). The LIC IPO shares are offered online only.

The LIC IPO is subscribed 2.95 by May 9, 2022.

The LIC IPO allotment status is expected on or around May 12, 2022. Visit LIC IPO allotment status to check.

The LIC IPO listing date is Tuesday, May 17, 2022. The equity share of Life Insurance Corporation of India (LIC) will list on BSE, NSE.

Visit LIC IPO subscription status page for real-time bidding information about LIC IPO.

LIC IPO Timetable

IPO Opens OnMay 4, 2022
IPO Closes OnMay 9, 2022
Finalisation of Basis of AllotmentMay 12, 2022
Initiation of RefundsMay 13, 2022
Credit of Shares to Demat AccountMay 16, 2022
IPO Listing DateMay 17, 2022

52 Comments

32. S Patel     Link|May 8, 2022 11:10:15 AM
I had applied in 2 demat accounts in policyholder as well as retail category for maximum 210 shares each. Yesterday looking at the subscription figures I felt nervous, therefore I cancelled my bids. I have had bad experience with ABSL AMC ipo, I sold them at 500 on Friday booking a big loss. The market is very jittery, I may have got stuck with LIC shares and my liquidity squeezed, that's why I cancelled my bids.
31. Roopchand Jain     Link|May 7, 2022 8:30:25 PM
Policy holder sub.application wise calculations
30. kiran     Link|May 6, 2022 6:55:08 PM
Hi, friends I have applied LIC IPO under HNI category in SBI net banking and would like make some changes (want to delete or modify the application like the way I used to do when applied in RII category) but I am unable to make any changes. Can anyone help in finding out how to make changes in ASBA application.

Thanx in advance
30.1. Sudeep     Link|May 7, 2022 2:30:30 PM
I'm not sure, last I read, you cant withdraw or make changes once you submit under NII and QIB categories. Correct me if I'm wrong!
29. saurav kuar     Link|May 7, 2022 2:10:24 PM
aaj subcription kam hai mujhe nhi lgta ki bhut jyada uper list hoga.long term ke liye achcha hai.
28. Hitesh modi     Link|May 6, 2022 1:46:42 PM
Hi, if anybody know how much time subscribed retail catagory by application wise
28.3. Vs     Link|May 6, 2022 4:43:39 PM
@YJ you can check that of this page itself , just see 3rd line in( LIC IPO Subscription Status Live) section

THIS line "Application Wise IPO Subscription (Retail): 0.93 times"
28.4. Supriyo Bhattacharya     Link|May 7, 2022 9:38:22 AM
One time in one broker.
27. ROYAL STAR     Link|May 7, 2022 12:15:50 AM
I have applied for 297 lots - hope I will get the max allotment
27.1. Supriyo Bhattacharya     Link|May 7, 2022 9:37:15 AM
Congratulations, I hope you will archive your dreams.
26. prasad     Link|May 5, 2022 5:51:11 PM
If PAN is linked after 28.02.2022 will the application be accepted
26.1. Ipotrader     Link|May 6, 2022 4:37:45 PM
For applying in policyholder quota policy should be linked yo pan upto 28.2.22.
If not done, you can even apply in retail quota, in which ₹ 45 discount will be given
25. Prasad     Link|May 6, 2022 1:51:25 PM
People dont believe in their management & policies. Typical goverment official mindset. Bad experience with their service in past.
May be major reason for under scbsription. I believe their listing will be below subscription values. I am staying away from them.

25.1. Desmond     Link|May 6, 2022 2:16:03 PM
Not really.

This is bigger than most other IPOs size-wise - e.g. take Rainbow, where total shares offered 20 million - it is lesser than what is offered for policyholders alone in this one.

Also Rainbow's refund will be on May 6 or so only - another factor
24. r r jain     Link|May 6, 2022 12:55:08 PM
i have policy ' varisth pension yojna' purched in2003, i am under policy holder or not. please clearify
24.1. prasanth     Link|May 6, 2022 1:50:50 PM
Criteria -- > Policy should be bought on or before February 13, 2022.
Policy should not be expired or matured or surrendered.
23. sudeep     Link|May 6, 2022 7:26:37 AM
what is proportinate allotment. plz explain
23.1. Preet Rangani     Link|May 6, 2022 10:58:49 AM
Suppose you applied for 10 lots, another person applied for 2 lots, if IPO is oversubscribed, than the person who applied for 10 lots, has better chance of getting allotted.
More lots more chance of allotment
22. Anonymous     Link|May 6, 2022 2:21:27 AM
I guess GMP will become negative by the time it get allotted.
21. SOUMEN DHAR     Link|May 5, 2022 4:54:40 PM
Zerodha allows to apply under only one category . If I apply under retail in Zerodha , can I apply under policy holder from another broker ?
21.2. Sampath RAMASAMY     Link|May 5, 2022 8:34:39 PM
Hi
No problem. The amount debited only with discount price. See the mandate at lastly.
Thanks
21.3. Sachin Sharma     Link|May 6, 2022 12:19:33 AM
No.you can apply only one application.if you will apply other broker . your application will reject.
20. Sahil Gupta     Link|May 5, 2022 5:00:45 PM
Does lic agents count as LIC employees for IPO.
20.1. Kanhaiya Pal     Link|May 5, 2022 6:09:52 PM
No. Lic agent are not the employee
19. sajjan kumar     Link|May 5, 2022 4:55:50 PM
Application wise kitna subscribe हुआ retail me
18. Ramanand     Link|May 5, 2022 4:42:39 PM
आज सबस्क्रीप्शन के दूसरे दिन सभी श्रेणियों में जोश ठंडा दिख रहा है। पता नहीं क्यों?
17. A Sai Dheeraj     Link|May 5, 2022 3:42:54 PM
while applying under policy holder quota through ASAP in SBI portal, discounted amount is not coming like Rs.889 per share is not coming. Only upper band is coming and calculating total value on that only. What does it mean?
17.1. Dheeraj chandani     Link|May 5, 2022 4:15:03 PM
पैसा डिडक्ट करते समय 60 रुपए डिस्कोउन्ट को ऐप्लिकेबल करके कटेगा......
16. NewBee     Link|May 4, 2022 3:55:48 PM
Can I apply from Multiple dmat account like zerodha,upstock,HDFC with same PAN number
16.4. Krishna Tapdiya     Link|May 4, 2022 6:31:38 PM
You can apply one application in one category per pancard irrespective of the broker or demat account. You can apply in different categories like policyholder, retail, employee with same pancard but remember to apply only one of Retail OR HNI.. Don't apply both..
16.5. IPOTraders     Link|May 5, 2022 12:44:35 PM
One pan one application in each category, ph / retail / employee.
If applied multiple application of same category having same pan, all will be rejected.
15. anurag     Link|May 5, 2022 12:07:28 PM
Policy is valid but PAN card is attached to policy today only , is this valid under policyholder quota ?
15.1. IPOTraders     Link|May 5, 2022 12:41:16 PM
No, it is valid only if it is linked on or before 28.2.22
14. vs     Link|May 4, 2022 11:17:56 PM
can we invest in HNI category using upi mandate
14.1. Sandy Investor     Link|May 4, 2022 11:51:45 PM
HNI Applications upto Rs 5 Lakhs can use UPI
13. Vijay     Link|May 4, 2022 10:21:40 PM
Can we apply As a policy holder and as a retail investor under one pan card?
And will we can get allotment in both application together under one pan card?
(OF course by draw for retailer and proportionately as policy holder)
13.1. Sandy Investor     Link|May 4, 2022 11:50:14 PM
Yes