Life Insurance Corporation or LIC of India received three times subscriptions for its IPO from May 4 to 9. Well, now the focus shifts to whether or not the subscribers received the allotment. Here's how you can check the allotment for LIC IPO:
Via BSE website
- Go to the BSE website
- Select ‘equity’ as the issue type, and ‘LIC’ as the issue name from the drop-down list
- Enter the application number and PAN
- Click on ‘I am not a Robot’
- In the last step, click on the search tab to view the status details
Via registrar KFin Technologies website
- Go to the Link Intime India website
- Click on 'public issues'
- Select the company name as LIC IPO from the drop-down list
- Check box either PAN, Application Number or Depository/Client ID, accordingly, enter the details
- Click the submit button
- It will show the number of shares that have been applied and allotted to the investor
LIC IPO was 2.95 times oversubscribed. The share for policyholders was 6.12 times subscribed, followed by 4.4 times for employee quota bidding. The HNI and QIB quotas were oversubscribed twice.