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.
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Life Insurance Corporation
| Company | LIC (Life Insurance Corporation of India) |
| Industry | Insurance and financial services |
| Founder | Ministry of Finance , Government of India |
| Founded | 1 September 1956 |
| Headquarter | Mumbai, India |
| Revenue | US$74 billion (2019) |
| Operating income | US$360 million (2019) |
| Net income | US$360 million (2019) |
| Total assets | US$510 billion (2021) |
| Number of employees | 114,000 (in 2020) |
Company Contact Details
| Address | Life Insurance Corporation Of India Central Office ‘Yogakshema’ Jeevan Bima Marg, Nariman Point, Mumbai, 400021 |
| Phone no. | +91-22 6659 8732 |
| [email protected] | |
| Official website | http://www.licindia.in/ |
IPO Details
| IPO | LIC (Life Insurance Corporation) |
| IPO Opening Date | February 2022 |
| IPO Closing Date | February 2022 |
| IPO Allotment Date | February 2022 |
| Initiation of Refunds | TBA |
| IPO Listing Date | February 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | TBA |
| IPO Price | TBA |
| Market Lot | TBA |
| Min Order Quantity | TBA |
| Listing At | BSE, NSE |
| Issue Size | TBA |
| Offer for Sale | TBA |
LIC IPO Listing Date / Allotment Date
| IPO Open Date | 7 March 2022 (expected) |
| IPO Close Date | TBA |
| Basis of Allotment Date | TBA |
| Initiation of Refunds | TBA |
| Credit of Shares to Demat Account | TBA |
| IPO Listing Date | TBA |
Lot Size
| Quantity | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Minimum | TBA | TBA | TBA |
| Maximum | TBA | TBA | TBA |
Promoters
Government of India is a promoter of Life Insurance Corporation (LIC) IPO.
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