LIC IPO share allotment date, status can be checked online; Know when and how to

tech.hindustantimes.com:

LIC IPO share allotment date, status: Yesterday marked the last day to subscribe to the LIC IPO and investors have not wasted any time in applying for it. After India’s largest public offering closed with nearly 3 times the subscription, more data around the participation of investors has been revealed. Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received, according to data posted on stock exchanges at 7 pm. So, it should be noted that not everyone who applied will get these shares. Investors who applied online via Paytm, Groww, Zerodha, among others and provided the details accurately will stand a higher chance of receiving the shares. The LIC IPO share allotment date is May 12th. Those who want to check the LIC IPO share allotment status online can do so once it is out. Read on to know how to check LIC IPO allotment details.

The anchor portion of the IPO was more than 70 per cent subscribed by domestic institutions, including mutual funds insurance companies. The Qualified Institutional Buyers (QIBs) category was subscribed 2.83 times. As many as 11.20 crore bids were received for the 3.95 crore shares earmarked for the segment. On the other hand, retail individual investors bid for 13.77 crore shares as against 6.9 crore shares on offer for the segment, translating into an over-subscription of 1.99 times. It is easy to say that the LIC IPO has become historic in many ways.

After the LIC IPO allotment status is declared on May 12, investors will be able to check it online by visiting the official website of BSE and the registrar of the IPO that is KFin Technologies Private Limited. The shares of LIC will get listed on the BSE and NSE exchanges on May 17, 2022. Check the step-by-step guide here.

1. Visit