How to Check Status Via BSE, KFin Tech, GMP


LIC Share Allotment: Life Insurance Corporation of India is more likely to finalize the IPO share allotment at the moment, which is keenly awaited by traders who’ve participated within the nation’s biggest-ever public challenge. Investors can verify their share allotment standing both on the BSE web site or the web site of IPO registrar by following three straightforward steps. Allotments will likely be achieved on May 12 and shares will likely be credited to the demat accounts on May 16. LIC, which slashed round 60 per cent of its challenge measurement because of poor market situations, had earlier fastened the worth band at Rs 902-949 a share.

The IPO was a pure supply on the market of as much as 221.37 million shares. The agency reserved round 59.29 million shares for the anchor investor portion. Employee reservation portion is at 1.58 million, whereas policyholder reservation is at 22.14 million. The QIB portion is ready at 98.83 million.

Check LIC Share Allotment Status Via Registrar KFin Technologies Website

-To verify the share allotment standing, choose the corporate title as ‘LIC — IPO’ from the drop-down record on the Link Intime India web site when it will get declared.

-Check field both PAN, Application Number or Depository/Client ID. Accordingly, enter the everlasting account quantity or Application Number or Depository/Client ID within the field.

-Enter the given captcha within the supplied area and click on the submit button.

-This will show the variety of shares which have been utilized and allotted to the investor.

Here’s How to Check LIC IPO Share Allotment Status on NSE

-Go to NSE’s official web site — https://www.nseindia.com/

-Go to the “equity” possibility and choose “LIC IPO” from the drop-down menu.

-Enter your software and PAN Card quantity.

-Complete the “I am not a robot” verification and entry your LIC IPO share allotment standing.

To verify the LIC IPO share allotment on BSE, comply with the identical process right here — https://www.bseindia.com/

LIC IPO GMP Today

The grey market premium (GMP) of Life Insurance Corp (LIC) shares on Wednesday turned unfavourable forward of its itemizing on May 17.

LIC GMP was at Rs 93-95 a share after which it began going downhill. It was buying and selling between Rs 8 and Rs 10 a share on May 5. On May 6 and 10, it was very risky, with a downward development, he mentioned. From Rs 8-9 a share, it fell to unfavourable Rs 15 a share on Wednesday, consultants mentioned.

The GMP has fallen steadily from its peak amidst considerations of lukewarm response from international traders. The IPO was subscribed largely by retail and home institutional patrons. Foreign investor participation was muted. Volatility, sparked by fears of a tightening by world central banks following larger inflation, additionally nervous traders.

Currently, LIC shares are being traded at a reduction within the grey market (unlisted market), could also be impacted by the nervousness lingering within the fairness market. The benchmark indices in addition to broader markets corrected in double digits in multiple month as traders may very well be trying extra nervous about earnings and financial progress amid rising inflation considerations.

Before the opening of public challenge, it was buying and selling at a premium of Rs 95 within the grey market premium, indicating about 10 p.c upside, as per IPO Watch.

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