InvestorQ : How can LIC policyholders apply to its IPO?
Nitin Shah made post
IPO

How can LIC policyholders apply to its IPO?

Answer
image
Manish Mehta answered.
2 months ago
Follow
LIC has kept a 10% quota in its IPO for the policyholders. There are no specific details out about the process for the same. The IPO shall be out in October 2021, and the details about the same will be out then only. However, I think there would be some special provision for such policyholders to apply in the given quota. For example, one has to put the details of policy while applying for the IPO such as policy number, policyholder details, etc.

I do not think that process would differ from any other IPO, but there would be special provisions for the policyholders. The allotment under the policyholder provision would also be similar to that of the general IPO procedure. Keep checking this space for further updates on the LIC IPO.
11 Views

image
MRITUNJAY KUMAR answered.
2 months ago
Follow

Through his demat account...

4 Views