Life Insurance Corporation of India (LIC) is an Indian statutory insurance and investment corporation founded by Government of India on 1 September 1956. LIC’s headquartered is in the city of Mumbai, India.

Life Insurance Corporation

CompanyLIC (Life Insurance Corporation of India)
IndustryInsurance and financial services
FounderMinistry of Finance , Government of India
Founded1 September 1956
HeadquarterMumbai, India
RevenueUS$74 billion (2019)
Operating incomeUS$360 million (2019)
Net incomeUS$360 million (2019)
Total assetsUS$510 billion (2021)
Number of employees114,000 (in 2020)

Company Contact Details

AddressLife Insurance Corporation Of India Central Office
‘Yogakshema’ Jeevan Bima Marg, Nariman Point, Mumbai, 400021
Phone no.+91-22 6659 8732
Email[email protected]
Official website

IPO Details

IPOLIC (Life Insurance Corporation)
IPO Opening DateFebruary 2022
IPO Closing DateFebruary 2022
IPO Allotment DateFebruary 2022
Initiation of RefundsTBA
IPO Listing DateFebruary 2022
Issue TypeBook Built Issue IPO
Face ValueTBA
Market LotTBA
Min Order QuantityTBA
Listing AtBSE, NSE
Issue SizeTBA
Offer for SaleTBA

LIC IPO Listing Date / Allotment Date

IPO Open Date7 March 2022 (expected)
IPO Close DateTBA
Basis of Allotment DateTBA
Initiation of RefundsTBA
Credit of Shares to Demat AccountTBA
IPO Listing DateTBA

Lot Size

QuantityLotsSharesAmount (in ₹)


Government of India is a promoter of Life Insurance Corporation (LIC) IPO.

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