The Frequently Asked Questions about LIC IPO Answered
@SharesNservices
1. *When is the LIC IPO?*
The IPO is set to open on May 4th and close on May 9th, 2022.
2. How many shares are being issued in the IPO?
The LIC IPO comprises an offer for sale of 221.37 million shares.
3. *What is the price band for the issue?*
The IPO comes with a price band of ₹902 TO ₹949 per Equity Share
4. *What advantages do policyholders have in the LIC IPO?*
A discount of Rs. 60 per share is being offered to eligible policyholders bidding in the Policyholder Reservation Portion. Thus, eligible policyholders can apply in the price range of Rs. 842 – Rs. 889
@SharesNservices
5. *How can I know if I am an eligible policyholder?*
LIC has stated that all policyholders have until 28th February 2022 to update their PAN card details on their website.
Check your Policy-PAN linking status on
https://linkpan.licindia.in/UIDSeedingWebApp/getPolicyPANStatus
6. *What discount do retail bidders & employees get?*
A discount of Rs. 45 per share is being offered to Retail Individual Bidders and also to eligible Employees. Thus, Retail bidders and Eligible employees can apply in price range of Rs. 857 – Rs. 904
7. *What do I need to apply for the IPO?*
One must compulsorily have two things to apply for the LIC IPO – a Demat Account and a PAN card. A Demat Account is needed to credit the shares if you receive an allotment. A PAN Card is essential for all IPOs so that the IT department can track the inflow and outflow of money for individuals.
8. *When is the last date to link PAN card with LIC policy?*
LIC has stated that all policyholders have until 28th February 2022 to update their PAN card details on their website.
Also Read: How can policyholders link their PAN to LIC policies - to be eligible to apply in the LIC IPO in the policyholder category
9. *What if I have multiple policies?*
If you have multiple policies, then all policy numbers can be added. However, you can apply for the IPO only once, even if you have multiple policies.
@SharesNservices
10. *Can non-policyholders participate in the IPO?*
Yes, the IPO is for everyone. Non-policyholders can apply under the retail investors or institutional investors category. However, you may not get the benefits that policyholders may get.
11. Can senior citizens participate in the LIC IPO?
Yes, anyone with a valid PAN card and a Demat Account can apply for shares in IPO as an investor.
12. *I am a proposer of a policy for my minor child. Whether I am eligible for reservation under the Policyholder Reservation Portion?*
Since you are the owner of the policy and hence being a policyholder, you are eligible for reservation under the Policyholder Reservation Portion.
13. *Is there a lock-in period?*
There is no lock-in period for shares allotted in the IPO.
14. *Can joint policyholders apply individually for share allotment?*
No, joint policyholders cannot apply individually for share allotment. Only one of the two holders can bid in the IPO under the Policyholder Reservation Portion. The other individuals can apply under the retail category with their PAN cards.
15. *Can a policyholder apply for IPO from someone else's Demat Account?*
No, a policyholder using the Policyholder Reservation Portion to apply for the IPO needs to have their Demat Account to be eligible. If you do not have a Demat Account, you can open one with a valid Depository Participant.
@SharesNservices
@SharesNservices
1. *When is the LIC IPO?*
The IPO is set to open on May 4th and close on May 9th, 2022.
2. How many shares are being issued in the IPO?
The LIC IPO comprises an offer for sale of 221.37 million shares.
3. *What is the price band for the issue?*
The IPO comes with a price band of ₹902 TO ₹949 per Equity Share
4. *What advantages do policyholders have in the LIC IPO?*
A discount of Rs. 60 per share is being offered to eligible policyholders bidding in the Policyholder Reservation Portion. Thus, eligible policyholders can apply in the price range of Rs. 842 – Rs. 889
@SharesNservices
5. *How can I know if I am an eligible policyholder?*
LIC has stated that all policyholders have until 28th February 2022 to update their PAN card details on their website.
Check your Policy-PAN linking status on
https://linkpan.licindia.in/UIDSeedingWebApp/getPolicyPANStatus
6. *What discount do retail bidders & employees get?*
A discount of Rs. 45 per share is being offered to Retail Individual Bidders and also to eligible Employees. Thus, Retail bidders and Eligible employees can apply in price range of Rs. 857 – Rs. 904
7. *What do I need to apply for the IPO?*
One must compulsorily have two things to apply for the LIC IPO – a Demat Account and a PAN card. A Demat Account is needed to credit the shares if you receive an allotment. A PAN Card is essential for all IPOs so that the IT department can track the inflow and outflow of money for individuals.
8. *When is the last date to link PAN card with LIC policy?*
LIC has stated that all policyholders have until 28th February 2022 to update their PAN card details on their website.
Also Read: How can policyholders link their PAN to LIC policies - to be eligible to apply in the LIC IPO in the policyholder category
9. *What if I have multiple policies?*
If you have multiple policies, then all policy numbers can be added. However, you can apply for the IPO only once, even if you have multiple policies.
@SharesNservices
10. *Can non-policyholders participate in the IPO?*
Yes, the IPO is for everyone. Non-policyholders can apply under the retail investors or institutional investors category. However, you may not get the benefits that policyholders may get.
11. Can senior citizens participate in the LIC IPO?
Yes, anyone with a valid PAN card and a Demat Account can apply for shares in IPO as an investor.
12. *I am a proposer of a policy for my minor child. Whether I am eligible for reservation under the Policyholder Reservation Portion?*
Since you are the owner of the policy and hence being a policyholder, you are eligible for reservation under the Policyholder Reservation Portion.
13. *Is there a lock-in period?*
There is no lock-in period for shares allotted in the IPO.
14. *Can joint policyholders apply individually for share allotment?*
No, joint policyholders cannot apply individually for share allotment. Only one of the two holders can bid in the IPO under the Policyholder Reservation Portion. The other individuals can apply under the retail category with their PAN cards.
15. *Can a policyholder apply for IPO from someone else's Demat Account?*
No, a policyholder using the Policyholder Reservation Portion to apply for the IPO needs to have their Demat Account to be eligible. If you do not have a Demat Account, you can open one with a valid Depository Participant.
@SharesNservices
👍17
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SL : 16040
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In range of 16140 - 16170
SL : 16040
Target : 16240 - 16320 - 16400++
Hedge it with 16000 PE
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SharesNservices.com™ (SEBI REGISTERED RESEARCH ANALYST’S SITE)
Buy Nifty Fut In range of 16140 - 16170 SL : 16040 Target : 16240 - 16320 - 16400++ Hedge it with 16000 PE
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#StockMarkets are Irrational &
Doesn’t Work on (layman) Common Sense
Check it out with Classic Examples.:
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What are your thoughts on these Sectors.?
&
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Poll Link :
https://twitter.com/imthejayshah/status/1523577094407524354?s=21&t=44bsrXcZPYKLL8jlj4hKJQ
Doesn’t Work on (layman) Common Sense
Check it out with Classic Examples.:
https://twitter.com/imthejayshah/status/1523575512165015553?s=21&t=44bsrXcZPYKLL8jlj4hKJQ
Tell us..
What are your thoughts on these Sectors.?
&
Poll for Which Sector, you will Prefer to Buy.?
Poll Link :
https://twitter.com/imthejayshah/status/1523577094407524354?s=21&t=44bsrXcZPYKLL8jlj4hKJQ
Twitter
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Classic Examples :
From last few days.. #AutoStocks moving during Rising Inflation
What Common Sense (Layman) says:
Crude UP
Cost of Cars UP
Interest cost UP
Sector Demand will Grow?
Still…
Classic Examples :
From last few days.. #AutoStocks moving during Rising Inflation
What Common Sense (Layman) says:
Crude UP
Cost of Cars UP
Interest cost UP
Sector Demand will Grow?
Still…
👍4
SharesNservices.com™ (SEBI REGISTERED RESEARCH ANALYST’S SITE)
Brent Crude.. Multiple Year Resistance at 114 - 120 👍 It should hold on around those levels this time too & won't be taken out easily. We don't see it sustaining above $125 #BrentCrude Top Out : $115 - 125 #Nifty Bottom Out : 15500 - 16000 #BankNifty…
Just Like Crude Analysis..!!
@sharesnservices
US 10y #BondYields have Strong Resistance at 3.20 - 3.30
#BondYields can correct from here, Which can give Supports to Market 👍
Expected Positives,
Which can Support Markets for BounceBack.:
• BondYields Cool Down
• OverSold Markets & Near Supports
• All Negatives are known & Priced In
Risks of uncertainty.:
• If War escalates Like Sweden & plan to Join NATO
• China Lockdown continues for longer time then, It can disrupt Supply Chain
Expecting to Volatility to cool down after 15th May..
From June we can expect again Good Moves & Recovery... depends upon Good Monsoon & Outlook👍📈
@sharesnservices
#Nifty Weekly Support : 15600 - 16200
#BankNifty Weekly Support : 33800 - 34200
@sharesnservices
US 10y #BondYields have Strong Resistance at 3.20 - 3.30
#BondYields can correct from here, Which can give Supports to Market 👍
Expected Positives,
Which can Support Markets for BounceBack.:
• BondYields Cool Down
• OverSold Markets & Near Supports
• All Negatives are known & Priced In
Risks of uncertainty.:
• If War escalates Like Sweden & plan to Join NATO
• China Lockdown continues for longer time then, It can disrupt Supply Chain
Expecting to Volatility to cool down after 15th May..
From June we can expect again Good Moves & Recovery... depends upon Good Monsoon & Outlook👍📈
@sharesnservices
#Nifty Weekly Support : 15600 - 16200
#BankNifty Weekly Support : 33800 - 34200
👍11
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It was looking that in Bad Times it can move down,
That's why Big Range of Accumulation was given..
It is perfectly moving as per Setup 👍
It was looking that in Bad Times it can move down,
That's why Big Range of Accumulation was given..
It is perfectly moving as per Setup 👍
👍9
SharesNservices.com™ (SEBI REGISTERED RESEARCH ANALYST’S SITE)
Why do you need Advisor.? Advance Intimation, Direction, Protection of your Funds ++ Gains with Perfect Trading Calls💰✅ We warned our clients clearly.. Sell Call given perfectly at right time.. 👍💯 From 136 to 118.. 50k Profits per Lot💸💸 But, People won't…
IBulls Hsg Finance.:
Strong Base & Final Support in Range of 85 - 100
If Monthly Close below 85,
It will be next DHFL ⚠️
But if it Holds 85 and improve irregularities..
It can Bottom Out & Start New Journey 😃
Strong Base & Final Support in Range of 85 - 100
If Monthly Close below 85,
It will be next DHFL ⚠️
But if it Holds 85 and improve irregularities..
It can Bottom Out & Start New Journey 😃
👍11🎉1
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Now on WhatsApp & Telegram also like FB and Insta you can like a Post.
If you want to Post a like comment, just touch & hold the post, emojis will appear for you to select.
The advantage is just to post a like, you need not have to select reply option so that posts on the group becomes less... One can Participate & show opinion without typing anything with the use of Emoji
And In a group if you want to know who posted the emoji just touch the emoji. Name will appear!
👍20
#Nifty 15600 - 15900
Very important zone to Add & Avg Good Stocks where you are Stuck.. as whole Market is Oversold and BounceBack has to come.
It depends in which Stock or Just Index based..
it can come after taking out stop losses of longtraders..
Only for BounceBack & Exit..
#Nifty can BounceBack from around 15500 to 16400 - 16700 - 17000..👍
Now Read & Understand carefully If & But Probability..
If we get
Weekly Close Below 16100
&
Monthly Close below 17000...
Nifty will move 15200 - 14800 - 14400 in Next Fall Cycle for this year..👍
But for All Investors 15000 - 14400 will be GOLDEN OPPORTUNITY..👍👍
From here,
Nifty based the gap is only 1000 points But the Pain would be much more
Very important zone to Add & Avg Good Stocks where you are Stuck.. as whole Market is Oversold and BounceBack has to come.
It depends in which Stock or Just Index based..
it can come after taking out stop losses of longtraders..
Only for BounceBack & Exit..
#Nifty can BounceBack from around 15500 to 16400 - 16700 - 17000..👍
Now Read & Understand carefully If & But Probability..
If we get
Weekly Close Below 16100
&
Monthly Close below 17000...
Nifty will move 15200 - 14800 - 14400 in Next Fall Cycle for this year..👍
But for All Investors 15000 - 14400 will be GOLDEN OPPORTUNITY..👍👍
From here,
Nifty based the gap is only 1000 points But the Pain would be much more
👍24🔥2