LIC IPO: India's Biggest IPO On May 4 : Explained in Chart

The LIC IPO will be held from May 4, 2022 to May 9, 2022. The bidding time is 10:00 A.M. to 5:00 P.M

LIC IPO Lot Size

In the market for LIC IPO, a retail-individual investor can apply for up to 14 lots (210 shares or 199290). The lot size is 15 shares.

A LIC policyholder can apply for shares in the upcoming LIC IPO using 2 applications

Policyholder + Retail Category
Policyholder + HNI (NII) Category

LIC IPO details

LIC has reserved 10% of the IPO for LIC policyholders.

LIC IPO details

Policyholders who have linked their PAN with LIC records can place a maximum bid of Rs. 200,000.