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Life Insurance Corporation of India
Issue Open Date 04-May-22  
Issue Closing Date 09-May-22  
Application Money 100  
Allotment Money  
Price Band () 902 - 949  
Minimum Bid Quantity. 15  
Issue Size (Shares) 162078067  
Market Lot 1  
Objective

(i) achieve the benefits of listing the Equity Shares on the Stock Exchanges.(ii) carry out the Offer for Sale of up to 221,374,920 Equity Shares by the Selling Shareholder (President of India, acting through the Ministry of Finance, Government of India).

Business Description

Our Corporation has been providing life insurance in India for more than 65 years and is the largest life insurer in India, with a 64.1% market share in terms of premiums (or GWP), a 66.2% market share in terms of New Business Premium (or NBP), a 74.6% market share in terms of number of individual policies issued, a 81.1% market share in terms of number of group policies issued for Fiscal 2021,...

Promoter's Holding
Total Share Capital   6324997701  
Offered to Public   162078067  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   96.5  
Address
Address :' Yogakshema '
Jeevan Bima Marg

City :Mumbai, State :Maharashtra Pincode :400021 Phone :022-66599335 / 9334/ 9391/ 9464 Email : investors@licindia.com Website : www.licindia.in
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
BofA Securities India Ltd.
Citigroup Global Markets India Pvt Ltd.
Goldman Sachs (India) Securities Pvt Ltd
ICICI Securities Ltd
JM Financial Ltd.
JP Morgan India Pvt Ltd
Kotak Mahindra Capital Co Ltd
Nomura Financial Advisory & Securities (India) Pvt Ltd.
SBI Capital Markets Ltd
Promoters
The President Of India
Acting Through The Ministry Of Finance
Government Of India
BNK Securities Pvt. Ltd

CIN No.:U67120WB1995PTC071182 (ISO 90001:2015 & ISO 27001:2013 Certified Company)

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SEBI Registration No: MB / INM000011641 (Category I Merchant Banker), Research Analyst. Reg no INH300003520

DEPOSITORY PARTICIPANT SEBI Registration No-In-DP-673-2022, CDSL DP ID - 12060500.

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