LIC IPO 2022

LIC IPO Review 2022

LIC IPO REVIEW 2022

India’s largest insurance company is going public soon in 2022.

Life Insurance Corporation

IPO dateTo be announced
Listing date
Price range
Minimum order quantity
(D)RHP
LIC IPO REVIEW 2022

How do I apply to the LIC IPO?

LIC IPO REVIEW 2022

Upstox Demat & Trading Account

Why choose Upstox ?

  • Upstox is trusted broker in india.
  • Free equity delivery trades for life.
  • Low brokerage on intraday orders ( RS-20/per order ).
  • Invest in direct mutual funds plans that charge 0% commissions.
  • Smart transfer feature to earn interest on idle trading account funds.
LIC IPO 2022
LIC IPO REVIEW 2022

You Need Following documents for Demat & Trading AC

Proof Of Identity

  • PAN Card
  • UID (Aadhaar)
  • Driving Licence
  • Passport
  • Voter Identity Card
  • NREGA Job Card
  • Any document notified by the central government

Proof of address

Lastly, you’ll need to submit proof of address in India. There can be some overlap of address proof and ID proof documents. The full list includes:

  • Passport
  • UID (Aadhaar)
  • Voter Identity Card
  • State issues Driving License
  • NREGA Job Card
  • Utility bill which is not more than two months old of any service provider (electricity, telephone, post-paid
    mobile phone, piped gas, water bill).
  • Bank account or Post Office savings bank account statement.
  • Documents issued by Government departments of foreign jurisdictions and letter issued by Foreign Embassy or Mission in India.

Upstox FAQ 2022

LIC IPO REVIEW 2022

What is Upstox account ?

Upstox is Demat & Trading Account.

Upstox is ONE of India’s fastest-growing brokers with over 7 Million Plus Customers.

How to Open Upstox account online ?

Visit Upstox sign up page or Download upstox app.

Step’s

Enter Your Mobile Number.
Create Your own 6 Digit Pin.
Enter Email Address.
PAN Card.
Date of Birth.
Personal information and bank details.
Enter Digital Signature.
Submit Documents by Digilocker ( Government of India e-documents App ).
Capture Online Live Photography ( Selfie ).
Enter Bank Account Details.
Segment Activation Equity & F&O ( Beginners Only Activate Equity Segment ).
E-Sign with Aadhaar OTP
In 24 to 48 Hours Your Demat & Trading Account will be activate.

Upstox account opening charges ?

Every 15 days upstox account opening charges change and sometime account opening is free also.

Who owns Upstox ?

Backed by Mr.Ratan Tata, Kalaari Capital, and GVK Davix RKSV.

Is Upstox trusted ?

Yes.

How to earn from upstox ?

From Upstox refer and earn program.

How to close Upstox account ?

Create Ticket in Upstox App for account clousre.

LIC IPO REVIEW 2022

LIC Company Details

  • LIC of India was incorporated on 1st September 1956 by amalgamating 243 Companies by the Act of Parliament called Insurance Act, 1956.
  • LIC is governed by the Insurance Act 1938, LIC Act 1956, LIC Regulations 1959, and Insurance Regulatory and Development Authority Act 1999.
  • As on 31st March, 2016, LIC has 8 Zonal Offices, 113 Divisional Offices, 2048 Branch Offices, 73 Customer Zones, 1401 Satellite Offices, and 1240 Mini Offices in India.

LIC IPO Announcement

The finance minister, Nirmala Sitharaman, announced in the budget 2020 that the government is contemplating listing Life Insurance Corporation of India in the secondary markets by the second half of this year.

The GOI is planning to raise funds up to Rs 1 lakh crore through this IPO.

The listing of LIC is expected in 2022.

LIC Policy Details

LIC is the largest insurance company in India with about 28 crore policies in force equalling a sum assured of Rs. 45 lac crores.

The annual premium receivable by LIC was Rs. 2 lac crores in the financial year 2018-19. LIC had investments valued at Rs. 30 lac crores as on March 31st, 2019.

The Cabinet Committee on Economic Affairs approved the IPO in July 2021. The centre is set to list LIC on the stock exchanges to help meet disinvestment targets for the year.

LIC IPO REVIEW 2022

What is the LIC policyholders category?

Will LIC policyholders get any benefit if they apply?

LIC “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. To be eligible for making an application under the policyholder’s category;

  • Your PAN has to be updated in the LIC records.
  • The PAN used for LIC policies has to be the same as that registered with your demat account.

LIC IPO Allotment Status

How can I check if my PAN is already linked with my LIC policy?

To update your PAN with your LIC policy:

  • Visit this page.
  • To complete the process. You will need your PAN, along with the list of policies you hold. Click on “Proceed” at the bottom of the page.
  • On the next page; Enter your Date of Birth, as per PAN, Gender, Email ID, PAN, Full name as per PAN, Mobile number, Policy Number (In case you hold multiple policies, click on “Add Policy” and proceed to enter another policy number)
  • Click on the deceleration checkbox
  • Enter the captcha.
  • Click on the “Get OTP” option.
  • Once you receive OTP on your registered mobile number, enter the OTP and click on “Submit.

LIC IPO 2022 Faq

LIC IPO Date ?

Coming Soon.

LIC IPO Size ?

₹ 1 Lakh Crore’s Expected.

How can I check if my PAN is already linked with my LIC policy?

Visit this page – https://licindia.in/Home/Online-PAN-Registration
To complete the process.
You will need your PAN, along with the list of policies you hold. Click on “Proceed” at the bottom of the page.
On the next page; Enter your Date of Birth, as per PAN, Gender, Email ID, PAN, Full name as per PAN, Mobile number, Policy Number (In case you hold multiple policies, click on “Add Policy” and proceed to enter another policy number)
Click on the deceleration checkbox
Enter the captcha.
Click on the “Get OTP” option.
Once you receive OTP on your registered mobile number, enter the OTP and click on “Submit.

Will LIC policyholders get any benefit if they apply?

LIC “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. To be eligible for making an application under the policyholder’s category.
Your PAN has to be updated in the LIC records.
The PAN used for LIC policies has to be the same as that registered with your demat account.

LIC IPO Listing Date ?

Coming soon 2022.

LIC Full Form ?

Life Insurance Corporation

LIC IPO GMP ?

LIC IPO Grey Market Premium is update soon.

LIC IPO Share Price ?

LIC IPO is Coming Soon in 2022.

LIC IPO is Good ?

Yes, LIC is Gov Company & Trusted Brand.

LIC IPO Allotment Status ?

IPO Coming Soon.