How LIC policyholder can check IPO allotment status

The much-anticipated initial public offering (IPO) of the Life Insurance Corporation of India (LIC) is over. The LIC IPO was open for subscription from May 4 (Wednesday) to May 9 (Monday).

IPO price band has been set at Rs 902-949 per equity share. LIC policyholders will receive a Rs 60 discount, while retail investors and employees will receive a Rs 40 discount.

LIC policyholder

If you are a LIC policyholder interested in participating in the LIC IPO, make sure your PAN is up to date in LIC’s systems and that you have a Demat account. Note that your PAN information should be the same in both the LIC system and your Demat account to check your LIC allocation status.

Policyholders who meet the eligibility requirements will be allowed to apply for the “Policyholder Reservation Portion” at the cut-off price. Under the policyholder, retail, and employee quotas, the maximum bid amount can’t be more than Rs 2 lakh net of the discount.

If you are a retail investor who is also a policyholder and an employee, you can bid separately in each of the three categories, bringing the total amount to Rs 6 lakh.

How can policyholders check LIC IPO status?

Step 1: Visit

to check LIC IPO status

Step 2: Select issue type

Step 3: Select issue name, application number, PAN details

Step 4: Tick the box “I’m not a robot”

Step 5: Click on Search to check LIC IPO status.

How to check LIC IPO allotment status via KFin Tech

Step 1: Login or directly click

Step 2: Select the LIC IPO from the dropdown

Step 3: Choose one from Application Number or DPID/Client ID or PAN

Step 4: Enter Application Number

Step 5: Enter captcha code and click submit


The 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, while the retail part failed to attract double the amount of offers.

Successful bidders will receive shares on May 12, while failed bids will receive a refund on the same day. By May 16, the shares will be credited to the demat account, and the stock will begin trading in the secondary market on May 17.

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