Lic ipo discount for retail
Web08. maj 2024. · This means that you can bid for 15, 30, 45, 60 shares and so on. However, the LIC has set a maximum amount of Rs 2 lakh for retail investors, policyholders and … Web04. maj 2024. · LIC IPO, which kicked off on Wednesday, will remain open until May 9, including on Saturday ... Retail investors will be alloted 35% of the total shares in the …
Lic ipo discount for retail
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Web13. maj 2024. · LIC policyholders and retail investors have received the shares for ₹ 889 and ₹ 904 apiece, respectively. (Photo: Reuters) During the IPO, a discount of ₹ 45 per … Web27. apr 2024. · Similarly, for LIC employees and retail investors the discount will be Rs 40. How to subscribe to LIC IPO through Axis Bank. Under Investment in the Axis Bank Internet banking Portal, Select the IPO option. Complete your registration by filling in your required details.
Web04. maj 2024. · "Policyholder" is a new category introduced for the LIC IPO, this category will have up to 10% of the issue reserved for the customers who hold policies of LIC. ... Are there any discounts offered for applying LIC IPO in different categories? How to avail this discount? ... Retail: Cut off. Not above ₹2 lakhs. Draw of Lot: Yes: No ₹ 45 per ... Web27. apr 2024. · The government of India is going to offer the LIC IPO in the price band of Rs. 902-949 each share, from May 4 according to reports. The public insurer will sell 221.4 million shares in this phase.
WebIt was the largest ever IPO in India. The shares began trading on 18 November 2024, opening at ₹ 1,950 on the NSE, 9.3% below the upper band of the IPO price range, and closed down more than 27% at ₹ 1,560, making it the biggest drop on a listing day in Indian IPO history. In December 2024, Paytm launched Paytm Wealth Academy. Web28. apr 2024. · India's largest life insurer has reserved 55% of the total issue size of 22.14 crore for policyholders, employees, non-institutional and retail investors, according to its red herring prospectus. The government is looking to raise over Rs 21,000 crore from a 3.5% stake sale in LIC. The initial public offering will be priced between Rs 902-949 ...
Web17. maj 2024. · Hence the total of the government in LIC will come down post the IPO from 100% to 96.5% while the public will hold 3.5% post the IPO in LIC. The price band for the IPO is set at Rs 902 – 949 per share resulting in an implied market capitalization of Rs 6 lakh crore for the company. The IPO is expected to open on 4th May, 2024 and will close ...
Web02. maj 2024. · LIC IPO opens on May 4: As India's largest initial public offer (IPO)of Life Insurance Corporation of India is set to open for subscription on Wednesday, Zee Business Managing Editor Anil Singhvi speaks about all minute details and explains what … how to get stone without silk touchWeb03. maj 2024. · LIC is offering a discount of Rs 45 each for the retail investor category and employee category while offering a Rs 60 discount to its policyholders. If you are a retail investor who also happens to be an employee of the company as well as a policyholder, are you entitled for a discount of Rs 150 by virtue of one application. john of gaunt school addressWeb29. apr 2024. · Though the price band for the IPO has been fixed in the range of Rs 902-949, the insurer offers special discount of Rs 45 per share discount on the cut-off price … how to get stonk hypixel skyblockWeb29. apr 2024. · LIC has fixed a price band of Rs 902-949 apiece with a minimum lot size of 15 equity shares. The company has announced a discount of Rs 60 per share for the … how to get stony hens in slime rancherWeb03. maj 2024. · LIC IPO (Initial Public Offering) is going to hit primary markets on 4th May 2024 i.e. tomorrow. Attractive valuation, discount for retail investors and insurance … how to get stop and shop cardWeb07. maj 2024. · While a discount of Rs 60 per equity share for the policyholders and Rs 45 each for the LIC of India employees and retail investors would have motivated these investors, the lack of interest in ... how to get stonkWeb02. dec 2024. · Users who are policyholders of LIC schemes are eligible to apply for the IPO under this category, up to an amount of ₹ 2,00,000. The Government of India has announced that up to 10% of the issue size in LIC IPO will be reserved for Policyholders. A discount on the base price is also expected for this category of investors. john of gaunt pub horsebridge hampshire