How do I check the status of my LIC IPO allotment?

The Ultimate Guide to How Do I Check The Status Of My LIC IPO Allotment.

LIC is one of India’s largest insurance companies. Almost every Indian has heard of the LIC, or Life Insurance Company. On May 4, 2022, the company will launch its initial public offering (IPO). A large number of people applied for it. All bids are now awaiting the Life Insurance Corporation of India IPO allotment result after completing the IPO application process. Individuals will be able to check the LIC allotment status of the IPO online via the company’s registrar’s official portal, KFin Technologies Limited. On May 12, 2022, the basis for allotment will be finalized. Through the article, you will get information concerning LIC IPO Allotment Status. In this article, we will provide you the information related to LIC IPO Allotment Status.

LIC IPO allotment status 

The company has nearly 2048 branches across the country and is still growing. The company launches its IPO in order to gain the benefit of listing its shares on the stock exchange and selling approximately 221,374,920 shares to trading shareholders. Individual Retail Buyers can apply for a maximum of 14 lots. The deadline for applying for the shares was May 9, 2022. On December 31, 2022, the company’s assets were Rs. 40,907,867.78 million, with a profit (excluding tax) of Rs. 17,153.12 Million. All investors are instructed to visit the portal on a daily basis to obtain the most recent information on the article.

The initial public offering allotment date is the date when the allotment status is made public on the IPO’s registrar’s website.

The three most popular methods for checking IPO allotment status are through the NSE/BSE website and through the IPO’s registrar portals.

Name of the company	Life Insurance Corporation of India
Registrar Name	KFin Technologies Limited
Article Name	LIC IPO Allotment Status
Basis of Allotment	12th May 2022
Face Value of the IPO	Rs. 10 per share
Type of Issue	Book Built Issue IPO
LIC IPO Allotment Status Available at	NSE, BSE, Zerodha, IPOWatch
LIC IPO Share Price	Rs. 902 to Rs. 949 per share
Lot Size of the IPO	15 shares
Price Listing At	BSE, National Stock Exchange
Official Portal	http://www.licindia.in/

Check IPO Allotment Status Through NSE  

1. Open NSE’s official website- https://www.nseindia.com/
2. Hover your mouse over the ‘Invest’ section and click on ‘Check Trade/Bids’
3. Now you have to register yourself with your PAN on the NSE website through the ‘Click here to Sign Up’ button. If you are already registered, you can directly log in by clicking on the ‘Click here to login’ option. Alternatively, you can directly click on this link- https://www.nseindia.com/invest/first-time-investor-trade-verification to land on the same page (no need to follow steps 1 and 2)
4. Enter your Username and Password and verify the captcha to log in
5. You can check the status of your IPO bid and allotment on the next page

Check IPO Allotment Status Through BSE

1. Visit directly the link- https://www.bseindia.com/investors/appli_check.aspx 
2. Click on ‘Equity’ under the issue type section
3.  Select the IPO under the issue name from the drop-down menu
4.  Enter application number
5.  Give your PAN
6. Verify yourself by clicking on ‘I am not a Robot’ and hitting submits
7.  The status of the application will appear on the screen.

 Check the LIC IPO allotment status  on the KFintech website

1. Login at the direct KFintech link — ris.kfintech.com/ipostatus/ipos.aspx
2.  Click on LIC IPO
3.  Select either Application Number or DPID/Client ID or PAN (Let’s take the application number)
4.  Enter LIC IPO application number
5.  Fill Captcha and
6.  Click on the ‘Submit’ button.
7. Your LIC IPO allotment status will become available on the computer monitor or on the Smartphone screen.

How to check LIC IPO Allotment Status in Bank Account?

1. Log in to your Bank Account from which you applied the LIC IPO.
2. Check the Balance Tab.
3. If you got the allotment the Amount will be debited.
4. If you did not get the allotment the Amount will be released.
5. If you got the allotment you got an SMS “Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000.”