How to apply for LIC IPO or buy LIC shares online by any policyholders or non-policyholders?
Mukesh Sharma May 3, 2022
The IPO of Life Insurance Corporation of India will open on Wednesday. The eyes of investors from all over the world are on the biggest IPO in India. There is a lot of curiosity about this IPO in the country too. Through this IPO, the government will provide its 3.5 percent stake in LIC and issue more than 22 crore shares. The government intends to raise ₹21,000 crores from the market through this IPO.
Where to apply for LIC IPO or buy LIC shares online with mobile?
In LIC IPO, shares will be given to retail investors and LIC policyholders at a discount rate. Policyholders will get a ₹60 discount while retail investors will get a ₹45 discount. You too can easily buy the stakes of the country's largest insurance company online through your smartphone. The companies including PayTM Money, Zerodha and SBI YONO are providing the facility to invest online in this IPO.
