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Security TypeEquity
Issue Period04 May 2022 to 09 May 2022
The Issue Period also includes bidding on Saturday, May 7, 2022 and Sunday, May 8, 2022.
IPO Market Timings10.00a.m. to 7.00p.m.
Post Issue Modification10 May 2022
Post Issue Modification on May 10th, 2022 from 10.00 am to 11.00 am
Issue Size – No. of Shares16,20,78,067
As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2022/45 dated April 05,2022,all Individual Investors applying in the issue where the application amount is upto 5 Lakhs shall use UPI and shall also provide their UPI ID in the bid-cum-application form submitted with a syndicate member, registered stock broker, depository participant and Registrar. All Other Category of Investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments
Price Band902.00-949.00
/Rs.45 per Equity Share to Retail and Eligible Employee Categories and Rs. 60 per Equity Share to Policy Holder Category
Price-Band AdvertisementClick Here
Face Value10.00
Tick Size1.00
Market Lot15
Minimum Bid Quantity15
Maximum Bid Quantity for Qualified Institutional Investors138359325
Maximum Bid Quantity for Non-Institutional Investors98828085
Bidding CentreClick Here
Book Running Lead Manager1) Kotak Mahindra Capital Company Limited


3) BofA Securities India Limited

4) Citigroup Global Markets India Private Limited

5) JM Financial Limited


7) ICICI Securities Limited

8) J.P.Morgan India Private Limited

9) Nomura Financial Advisory and Securities (India) Private Limited

10) SBI Capital Markets Limited

RegistrarKFin Technologies Private Limited (formerly known as Karvy Fintech Private Limited)
Sponsor Bank1) Axis Bank Limited

2) HDFC Bank Limited

3) Kotak Mahindra Bank Limited

FAQs for LIC IPO as provided by RTAClick Here
Registrars to an Issue and Share Transfer Agents/Depository ParticipantsClick Here
List of mobile applications accepting UPI as Payment OptionClick Here
Branches of SCSBs where syndicate / sub syndicate member to submit ASBA formClick Here
List of SCSBs for Syndicate ASBA and under ASBA facilityClick Here
Self Certified Syndicate Banks eligible as Issuer Banks for UPIClick Here
Video link for BHIM UPI RegistrationClick Here
Post Issue Modification on May 10th, 2022 from 10.00 am to 11.00 am