IPO Price History
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Life Insurance Corporation of India logo

Life Insurance Corporation of India IPO

Mainboard IPOListedLICINSE
Current Market Price (CMP)
₹381.50(-59.80%)
Current Price (CMP)
₹381.50(-59.80%)

Live Market Quote

Listing Price & Gain
₹436(-54.06%)

Day 1 Exchange Open

IPO Issue Price
₹949

Band: ₹902 - ₹949

Total Subscription
2.95x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
04 May 2022
IPO Bidding Closes
09 May 2022
Allotment & Refunds
Completed
Exchange Listing Day
17 May 2022

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 2.95x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)2.83x
Non-Institutional Investors (NII / HNI)2.91x
Retail Individual Investors (RII)1.99x
Employees Reservation4.4x
Total Subscription2.95x
Updated as on 09-May-2022 19:00:00

Listing Day & Return Performance

Listing Day Gain-54.06%
₹949 (Issue) → ₹436 (List)
Per share profit: ₹-513.00
Holding Return (Till Date)-59.80%
₹949 (Issue) → ₹381.50 (CMP)
Net gain per share: ₹-567.50
Post-Listing Performance (Listing Day → Today):-12.50%

About Life Insurance Corporation of India IPO

Life Insurance Corporation of India is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 04 May 2022 and concluded on 09 May 2022, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹902 - ₹949.

During the bidding window, Life Insurance Corporation of India recorded an overall subscription of 2.95 times. Institutional investors (QIB) subscribed 2.83x, non-institutional high-net-worth investors (NII) subscribed 2.91x, and retail individual investors (RII) bid 1.99x their reserved quota, alongside employee participation of 4.4x.

The equity shares of Life Insurance Corporation of India officially debuted on the stock exchanges on 17 May 2022 at an opening listing price of ₹436, delivering a listing day return of -54.06% (discount) over the final issue price. As per the latest market data, the stock trades at ₹381.50, representing an overall decline of -59.80% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Life Insurance Corporation of India IPO?
The issue price of Life Insurance Corporation of India IPO was fixed at ₹949 per equity share. The indicative bidding price band was ₹902 - ₹949.
What were the open, close, and listing dates for Life Insurance Corporation of India IPO?
Life Insurance Corporation of India IPO opened on 04 May 2022, closed on 09 May 2022, listed on 17 May 2022.
How much was Life Insurance Corporation of India IPO subscribed?
The IPO received an overall subscription of 2.95 times. Category-wise, QIBs subscribed 2.83x, NIIs subscribed 2.91x, and Retail investors subscribed 1.99x.
What was the listing price and listing gain of Life Insurance Corporation of India IPO?
Life Insurance Corporation of India IPO listed on the stock exchange at ₹436, delivering a listing discount of 54.06% compared to the IPO issue price of ₹949.
Is Life Insurance Corporation of India IPO a Mainboard or SME IPO?
Life Insurance Corporation of India IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Life Insurance Corporation of India IPO since its IPO?
At the latest market quote of ₹381.50, Life Insurance Corporation of India IPO has generated an all-time return of -59.80% since its initial public offering.

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