IPO

InvestoAxis | Presents

LARGEST IPO IN THE  INDIAN INSURANCE INDUSTRY

AIM

Meet the disinvestment of Government and raise much needed cash

LIC FACTS

HEAD QUARTER: MUMBAI AUM: 3676180 (CR) NET PREMIUM: 405398(CR) DIRECT AGENT: 1537064

IPO DATE

Yet to announce the IPO opening date, though SEBI has given clearance

IPO DETAIL

IPO SIZE: 65416.29 CR. LISTING: BSE, NSE NO. OF SHARE:31,62,49,885 PRICE BAND PER SHARE: 2000-2100 LOT SIZE: 7

WHO CAN APPLY

RETAIL INVESTOR POLICY HOLDER OF LIC EMPLOYEES OF LIC

FACILITIES

Share  for employee: 1.58 cr. Share for policy holder:3.16 cr Discount: upto 10% Price after discount: Rs. 1890

MUST HAVE 

Individual, even one LIC policy before offer opening date can apply under policy holder reservation category

INVESTMENT OPTION

Foreign Direct Investment (FDI) up to 20% approved by union cabinet

IPO LEAD MANAGER

SBI Caps , Axis Capital, Kotak Mahindra Capital, ICICI Securities,Goldman Sachs,Citi Group, JP Morgan,JM Financial, Nomura, Bank of America Securities.

MESSAGE FOR POLICY HOLDER

Open a demat account and link your policy with PAN