The last date for subscription in LIC IPO is 9th May. Along with this, the investors bidding in it now want to know where and how they can see the status of share allotment. You can check the status through the website of BSE and NSE.
The last date to apply for LIC’s much-awaited IPO is on May 9. It was open for subscription on May 4. The size of this IPO is Rs 21,008.48 crore, its price band has been fixed at Rs 902 to Rs 949 per equity share. With the last date of bidding approaching, now investors who have invested in it must be curious to know where and how to check the status of its allotment. Let us know about this in detail.
you would know thatIPOOpen for subscription till Monday. After that this public issue will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on 12 May. Allotment of shares will take place on the same date. If you have applied for this IPO, you can check your allotment status through NSE website. on NSELICHere’s how to check the share allotment status of the IPO.
First of all you go to the official website of NSE – www.nseindia.com . After that go to “Equity” option and select LIC IPO in the drop-down menu. There you enter your application and PAN card number. Also, you will reach the status of your LIC IPO share allotment after completing the “I am not a robot” verification.
Similarly, you can also check LIC’s share allotment status through the BSE website. You have to first visit the official website of BSE — www.bseindia.com . After that, the same process will have to be completed as on the NSE website.
Good response from Tier-2 and Tier-3 cities
Market experts say that LIC’s IPO has attracted a large number of new investors from Tier-2 and Tier-3 cities. He suggests that investors should buy LIC shares from a long term perspective instead of short term. LIC is the main player in the insurance business. Its stock can give good returns in the long term.
