Life Insurance Corporation of India (LIC)

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About Company

Life Insurance Corporation of India (LIC) is a leading life insurance company headquartered in Mumbai. It was founded in 1956 with the nationalization of over 245 insurance companies. LIC offers a wide variety of products which fulfil the needs of different customer segments of the society. The Corporation has 33 Individual products, 10 Group products and 6 riders available for sale.

LIC IPO Details

Issue Period

May 4 to May 9 , 2022

Minimum Investment

₹ 14235

Lot Size


Price Range

₹ 902-949 per share

Issue Size

₹ 20557.23Cr.

Listing Date

May 17 , 2022

Milestones of Life Corporation Of India

Milestones (1)

How to Apply for LIC IPO?

Apply through WhatsApp OMO

Send a ‘HI’ on
97277 97277

'Apply IPO'

Choose the
IPO you want
to apply

Apply through Telegram

Join our Marwadi OMO Channel
(for existing clients only)

‘Apply IPO’

Choose the
IPO you want
to apply

LIC IPO Key Data

LIC Product Portfolio

Individual Products (i)Participating Insurance Product (ii)Non participating Product which include (a)Saving Insurance Products (b)Term Insurance Product (c)Health Insurance Product (d)Annuity Saving Insurance Products (e)Unit Linked Insurance Product Group Products (i)Group Term Insurance Product (ii)Group Saving Insurance Products (iii)Group Saving Insurance Pension Products and (iv) Group Annuity Products

LIC Corporate Holding Structure (FY21)

About Marwadi Financial Services

Marwadi Group is a leading financial services provider offering a comprehensive suite of services for creating and managing wealth. So what makes our Company great? No rocket science actually! While you invest your hard earned money in financial securities, we invest in our relationships. How do we do that? Simple, again. We share accurate insights and ensure that our front-end and back-end Infrastructure is state-of-the-art and backed by latest technology. And most importantly, all relationships are nurtured on the tenet of uncompromising integrity.


The LIC IPO will open on May 4th, 2022 and will close on May 9th , 2022

The LIC IPO is not expected to have any impact on the existing policyholders.

Life Insurance Corporation (LIC) of India has requested that its policyholders update their
Permanent Account Number (PAN) to participate in their Initial Public Offering (IPO) that
is to be rolled out. In case there is any discount or benefits then he/she can grab the

STEP 1: To link PAN, the policyholder must go to the LIC website at
and click on the option "Online PAN registration."
STEP 2: The individual must provide their date of birth, email ID, PAN, name as it appears
on their PAN, mobile number, and policy number. All policy numbers can be included if
there are several policies.
STEP 3: A mobile verification OTP is provided to the policyholder's registered Mobile
number for authentication.
STEP 4: Once the authentication is complete, the status of the update can be checked by
visiting the LIC website and clicking on the button "Online Checking Policy PAN Status."

Those who are not LIC policyholders also can apply for the IPO under the investment
category as applicable—retail,NII or QIB.

The minimum lot size of LIC IPO is 15 shares

The IPO will be listed on both the exchanges i.e. BSE and NSE

Existing client can apply through our WhatsApp and Telegram OMO channel
Non existing clients can open a demat account with us and simply apply through our OMO

Open Demat Account