LIC IPO share allotment date, status can be checked online; Know when and how to
LIC IPO share allotment date, status: The mega offering of LIC closed on Monday, May 9th with nearly 3 times subscription. The allotment status is likely to be finalized on May 12 and can be checked on BSE and KFin Tech.
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.
LIC IPO Share Allotment date and status
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.
LIC IPO allotment status: How to check via BSE
1. Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx.
2. Select LIC IPO in the menu. It can be noted that the name of the company will be available for selection only after the finalisation and declaration of the allotment status.
3. Enter your application number allotted for LIC IPO.
4. Then enter your Permanent Account Number (PAN card number).
5. Click at 'I'm not a robot' and confirm the captcha.
6. Now finally click at the 'Submit' button. You will be able to see the LIC IPO allotment status displayed on the screen.
LIC IPO allotment status: How to check via KFin Technologies
Go to the official website of the registrar of the IPO that is KFin Technologies or click on either of the links- https://kcas.kfintech.com/ipostatus/ or https://kprism.kfintech.com/ipostatus/
Select the name of the IPO (LIC IPO) in dropbox whose name will be shown only if the allotment is finalized.
Select either one of the three modes: Application number, Client ID or PAN ID.
Enter the application details.
Now, enter the captcha and click on the submit button. And you will be able to check the status on your screen.
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