Lastly, the much-awaited IPO of India LIC IPO 2022 is right here. LIC IPO subscription will open on 4th Could 2022 and it’ll stay open for bidding until ninth Could 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 direction of the primary cause for penning this submit, let me share the LIC IPO particulars.
# When did LIC IPO open?
The general public subject of LIC IPO will open for subscription on 4th Could 2022 and it’ll stay open for bidding until ninth Could 2022.
# What’s the lot measurement of LIC IPO?
The minimal software measurement is 15 shares for retail traders. They’ll apply for a most of 14 plenty of 15 shares every, i.e. as much as 210 shares (i.e. is near Rs 2 lakh per retail investor software).
# 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 present LIC policyholders shall be Rs 889 per share (assuming costs are fastened on the larger finish of the worth 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 shall be Rs 904 per share (assuming costs are fastened on the larger finish of the worth band). IPO Reservation for retail traders is 35%.
# When is the itemizing date of LIC IPO?
The general public subject will record on each NSE and BSE and the tentative itemizing date of the general public subject is seventeenth Could 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 submit is predicated on my private monetary planning view. Therefore, don’t take this submit as my suggestion for this IPO.
# Shopping for LIC Coverage is completely different than shopping for LIC inventory
Do keep in mind that shopping for a LIC coverage with an intention to avoid wasting tax or a sort of protected mentality is completely 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 completely different ballgame. Play as per your threat 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 shall 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 mentioned above, we don’t know whether or not the itemizing shall 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 fee the itemizing shall be. Nevertheless, there are lots of so-called specialists who’re prepared to investigate and predict as if they’re GOD. Don’t consider on such predictions. As a substitute, you have 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 may be some low cost for retail traders and policyholders. Simply because it’s out there at a reduced value doesn’t imply it’s value 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 submit is neither to advertise LIC IPO nor to offer you a detrimental picture of this. As a substitute, I want to warning all those that are eagerly ready for this IPO.