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Open
4 May 2022
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Close
9 May 2022
3
Allotment
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Listing
Tue, May 17, 2022
Price Band
₹902 to ₹949
Issue Size
22,13,74,920 shares (agg. up to ₹20,557 Cr)
Lot Size
15 Shares
Listing Date
Tue, May 17, 2022
Latest GMP
₹-26
Est. Gain
-2.74%
✦ AI Insight
GMP Trend
17-05-2022₹-26Est. ₹923-2.74%
16-05-2022₹-20Est. ₹929-2.11%
15-05-2022₹-15Est. ₹934-1.58%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.05x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 1,03,911.51 | 1,02,324.68 | 1,71,689.62 | 1,90,263.76 |
| Total Income | 5,12,279.21 | 7,03,709.45 | 6,45,605.47 | 5,70,809.57 |
| Profit After Tax | 1,715.31 | 2,974.14 | 2,710.48 | 2,627.38 |
| EBITDA | 1,756.97 | 2,980.35 | 2,718.52 | 2,642.37 |
| NET Worth | 8,230.50 | 6,514.64 | 854.65 | 815.33 |
| Reserves and Surplus | 2,498.62 | 6,705.47 | 891.66 | 798.44 |
| Total Borrowing | 3.67 | 3.67 | 2,53,413.60 | 2,69,400.60 |
| Amount in ₹ Crore |
About LIC IPO
LIC is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products. As of 30 Sep 2021, it has a total AUM of Rs. 39 lakh crore. LIC operates through 2048 branches, 113 divisional offices, and 1,554 Satellite Offices. It operates globally in Fiji, Mauritius, Bangladesh, Nepal, Singapore, Sri Lanka, UAE, Bahrain, Qatar, Kuwait, and the United Kingdom. Key positive factors LIC is a part insurance and part investment products company. Their plans are a combination of insurance and investment with a guaranteed return. LIC has over 13.5 lakh agents who play brings most of the new business. LIC plans offer 'fixed returns' along with life insurance coverage. This makes it easy to sell by agents and brings peace of mind to the insurers. LIC has high trust in the public for both life insurance as well as investment done with them. LIC is synonymous with insurance in India. LIC manage asset of Rs 39 lakh crores. That is more
Contact Details
Life Insurance Corp.of India AddressYogakshema, Jeevan Bima MargNariman PointMumbai, Maharashtra, 400021+91 22 6659 8732Investors@licindia.comVisit Website