HSL Mobile App Frequently Asked Questions
When will LIC IPO open?
LIC IPO opens on May 4, 2022 and closes on May 9, 2022.
Who can apply?
Eligible Employee, Eligible Policyholder, Resident Indian individuals, Eligible NRIs, HUFs, Minor, companies, corporate bodies, Trust.
Can I apply IPO through UPI & what is the limit?
Yes, you can apply IPO using UPI in Retail, HNI ( Upto 5 lacs) Employee and Policyholder Category (Upto 2 lacs ) maximum limit is Rs. 5,00,000. for applying through UPI.
What is the allotment date?
Allotment comes on 12th May, 2022.
Any discount for LIC IPO?
Yes, Discount as below
|
Category |
Discount |
|
Retail |
₹ 45 Per Equity Shares |
|
Employees |
₹ 45 Per Equity Shares |
|
Policyholders |
₹ 60 Per Equity Shares |
Eligibility of Bids and the Bidding scenarios for Application categories.
| Sr. No | Type of Bidder | Employee Category upto ₹ 2 lac | Policy Holder Category upto ₹ 2 lac | Retail Portion upto ₹ 2 lac | Non- Institutional Portion |
| 1 | Policy Holder | NA | YES | YES | No |
| 2 | Policy Holder | NA | YES | No | YES |
| 3 | Eligible Employee & Policy Holder | YES | YES | YES | No |
| 4 | Eligible Employee & Policy Holder | YES | YES | No | YES |
| 5 | Eligible Employee Not Policy Holder | YES | NA | YES | No |
| 6 | Eligible Employee Not Policy Holder | YES | NA | No | YES |
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