LIC IPO Share Allotment expected Today: Know How To Check Status
Life Insurance Corporation of India (LIC) is expected to finalize the share allotment for mega initial public offering (IPO) today.Author : Chanderveer Singh
Life Insurance Corporation of India (LIC) is likely to complete the share allotment for mega initial public offering (IPO) on 12th May 2022 i.e. today. As six days of bidding came to an end on May 9, India's largest-ever IPO was subscribed 2.95 times.
The government hopes to lever up to ₹ 21,000 crore - a third of its original ask - in exchange 3.5 per cent stake in the country's top insurance corporation.The price range for the issue has been set between ₹ 902 and ₹ 949 per share and LIC is likely to be listed on May 17.
Bidders who have registered for the public issue can check LIC IPO allotment status online buy logging in at BSE website or at the official website of its registrar KFin Technologies Limited. However, bidders will be able to check LIC IPO allotment status online only after the pronouncement of share allocation.
Bidders can login at BSE link — bseindia.com/investors/appli_check.aspx or at KFin Tech link — ris.kfintech.com/ipostatus/ipos.aspx and check allotment status online.
How to check LIC IPO allotment status on website
As mentioned above, a bidder can login at BSe link and follow the below-mentioned steps
- Login at the BSE link
- Select LIC IPO
- Enter your application number
- Put your PAN details
- Click at 'I'm not a robot' and
- Click at 'Submit' button.
- Your LIC IPO allotment status will become available on the computer screen or on the Smartphone screen.