What LIC’s policyholders must know before investing in LIC IPO
What LIC’s policyholders must know about investing in its IPO LIC is coming up with its IPO soon. And if you hold a LIC policy, you must link it with your PAN before 28 Feb 2022, as LIC has reserved up to 10% of its issue size for its policyholders at a discount on the floor price. According to the DRHP, up to 10 percent will be reserved for eligible LIC policyholders under the Policyholder Reservation Portion. Here is a list of 29 FAQs regarding policyholders who want to invest in the IPO via the Policyholder Reservation Portion As a policyholder, you can invest a maximum of Rs 2 lakh LINK TO UPDATE PANCARD WITH LIC POLICY https://linkpan.licindia.in/UIDSeedingWebApp/ update pancard, mobile and emai l How can I find out if I am eligible for the policyholders’ quota? Individuals with even one LIC policy as on February 13 (the date on which the DRHP was filed) and the bid or offer opening date can apply under the policyholder reservation portion. That is, you if you have purchased a po...
