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LIC IPO

Open 4th May 2022 · Close 9th May 2022 · Listing 17th May 2022

Price Band₹902.00–₹949.00
Live GMPNO GMP
Subscription2.95×
Issue Size₹20,557.23 Cr
Allotment12th May 2022

At a glance

Updated 2026-08-23

LIC is a Mainboard IPO with an issue size of ₹20,557.23 crore, proposed for listing on BSE, NSE. The offer opens on 4th May 2022 and closes on 9th May 2022. The issue structure includes an offer-for-sale component of ₹20,557.23 crore. The current listing schedule points to 17th May 2022.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹20,557.23 Cr
Offer for sale₹20,557.23 Cr
Face value₹10
Price band₹902.00–₹949.00
Allotment12th May 2022
Listing17th May 2022

Grey market

GMP page ↗
Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listing₹923.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens4th May 2022
Closes9th May 2022
Allotment12th May 2022
Refund13th May 2022
Demat16th May 2022
Listing17th May 2022

Subscription demand

Full bidding ↗
Total2.95×

Lot size

InvestorLotsSharesAmount
Minimum Bid115₹14,235

Company

31 Mar 2019

Assets190,263.76
Total Income570,809.57
EBITDA2,642.37
Profit After Tax2,627.38
NET Worth815.33
Reserves and Surplus798.44
Total Borrowing269,400.60

31 Mar 2020

Assets171,689.62
Total Income645,605.47
EBITDA2,718.52
Profit After Tax2,710.48
NET Worth854.65
Reserves and Surplus891.66
Total Borrowing253,413.60

31 Mar 2021

Assets102,324.68
Total Income703,709.45
EBITDA2,980.35
Profit After Tax2,974.14
NET Worth6,514.64
Reserves and Surplus6,705.47
Total Borrowing3.67

31 Dec 2021

Assets103,911.51
Total Income512,279.21
EBITDA1,756.97
Profit After Tax1,715.31
NET Worth8,230.50
Reserves and Surplus2,498.62
Total Borrowing3.67
Trend chart₹ crore

KPIs

KPI
RoNW

Valuation & shareholding

Pre-IPO EPS4.70
Pre-IPO P/E201.91
Promoter holding pre100%
Promoter holding post96.50%
Market cap₹600242.28 Cr.

Issue expenses

ExpenseAmount
Payment to Book Running Lead Managers₹11.80 Cr
Commission and processing fees for SCSBs, Sponsor Banks, brokerage, bidding charges and selling commission for Syndicate Members, Registered Brokers, RTAs and CDPs₹40.33 Cr
Fees payable to the Registrar to the Offer
Other regulatory expenses₹32.92 Cr
Advertising and marketing for the Offer₹16.98 Cr
Fees payable to Legal Counsels₹4.26 Cr
Miscellaneous₹13.27 Cr

Registrar & lead managers

Registrar

Kfin Technologies Ltd.

Lead managers

  • Kotak Mahindra Capital Co.Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.