Lastly, the much-awaited IPO of India LIC IPO 2022 is right here. LIC IPO subscription will open on 4th Might 2022 and it’ll stay open for bidding until ninth Might 2022. The Authorities of India (GoI) has fastened the LIC IPO value band at Rs.902 to Rs.949 per fairness share.
LIC IPO Particulars
Earlier than continuing additional in the direction of the principle motive for penning this publish, let me share the LIC IPO particulars.
# When did LIC IPO open?
The general public problem of LIC IPO will open for subscription on 4th Might 2022 and it’ll stay open for bidding until ninth Might 2022.
# What’s the lot measurement of LIC IPO?
The minimal utility measurement is 15 shares for retail traders. They’ll apply for a most of 14 a number of 15 shares every, i.e. as much as 210 shares (i.e. is near Rs 2 lakh per retail investor utility).
# What’s the value band of LIC IPO?
LIC IPO share value band has been set at Rs 902-949 per share (for a face worth of Rs 10 per share).
# What’s the low cost value for LIC Policyholders?
The low cost for LIC policyholders is Rs 60 per share. Therefore, the efficient value for current LIC policyholders might be Rs 889 per share (assuming costs are fastened on the larger finish of the value band). 10% IPO Reservation is for policyholders.
# What’s the low cost value for retail traders?
The low cost for retail shareholders is Rs 45 per share. The efficient value for retail might be Rs 904 per share (assuming costs are fastened on the larger finish of the value band). IPO Reservation for retail traders is 35%.
# When is the itemizing date of LIC IPO?
The general public problem will record on each NSE and BSE and the tentative itemizing date of the general public problem is seventeenth Might 2022.
LIC IPO 2022 – Don’t do these MISTAKES
As it’s a much-awated IPO for a lot of Indians and followers of LIC, many are BLINDLY desirous to subscribe to it. However I want to warning and share my views. I’m neither an professional in direct shares nor an professional to investigate the businesses. Nevertheless, my intention to jot down this publish is predicated on my private monetary planning view. Therefore, don’t take this publish as my suggestion for this IPO.
# Shopping for LIC Coverage is totally different than shopping for LIC inventory
Do do not forget that shopping for a LIC coverage with an intention to save lots of tax or a form of secure mentality is totally different than shopping for this LIC inventory. Simply because LIC has a belief created since a very long time doesn’t imply you’re going to get the identical first rate and reliable returns in fairness. Investing in fairness is a wholly totally different ballgame. Play as per your danger urge for food than the BLINDLY following based mostly on LIC’s model.
# By no means use your emergency fund for this subscription
Many people want to subscribe to this IPO by hook or criminal. Therefore, they might plan to make the most of their emergency fund and subscribe to it. Don’t do such a horrific mistake. We don’t know whether or not the itemizing might be at a premium value or at a reduced value.
# By no means borrow the cash
Few want to borrow the cash and apply for this IPO. Don’t do that. As I stated above, we don’t know whether or not the itemizing might be at a premium or at a reduced value. Therefore, keep away from such leverage play.
# LIC IPO is extra of a hype
NONE is conscious of at what charge the itemizing might be. Nevertheless, there are various so-called specialists who’re prepared to investigate and predict as if they’re GOD. Don’t consider on such predictions. As an alternative, you need to concentrate on the success and failure tales of such large IPOs of the previous. For each profitable story, there could also be many unsuccessful tales additionally. Therefore, have a impartial view or do your individual analysis.
# Don’t apply simply because LIC IPO is providing some low cost
As I discussed above, there’s some low cost for retail traders and policyholders. Simply because it’s out there at a reduced value doesn’t imply it’s price shopping for or investing in. Therefore, don’t go for a reduction.
Conclusion – As I declared above, I’m not an professional to investigate firms or shares. Nevertheless, the aim of this publish is neither to advertise LIC IPO nor to provide you a unfavorable picture of this. As an alternative, I want to warning all those that are eagerly ready for this IPO.