LIC IPO

 

About LIC of India

LIC is owned by the Government of India. It is the only life insurance company with an extensive presence in rural and urban areas. It operates through 8 zonal and 113 divisional offices.

LIC IPO Objectives

- The government aims to get 21,000 crores by offloading 3.5% of its shares.
- Enhance the brand image & provide a public market for the equity shares in India.

Opening Date : May 4, 2022

Closing Date : May 9, 2022

Price Band: ₹902 - ₹949 per equity share

Issue Size: 21,000 Cr

Face Value: ₹10 per equity share

Market Lot: 15 Shares

Listing at NSE, BSE

LIC IPO Important Dates

IPO Open Date	May 4, 2022
IPO Close Date	May 9, 2022
Allotment Date	May 12, 2022
Initiation Of Refunds	May 13, 2022
Credit Of Shares To Demat Account	May 16, 2022
IPO Listing Date	May 17, 2022
UPI Mandate Expiry Date	May 10, 2022

 

LIC IPO - Perks for Policyholders

LIC has reserved 10% of IPO shares for policyholders. Also, an Additional discount of Rs 60 per share for policyholders.

LIC policyholders can apply under this quota only if:

• The policy is issued on/before 13 Feb 2022
• The PAN is linked to LIC Policy

 

Why should you invest in LIC IPO?

Below are your top 2 reasons:

• LIC has 65 years of lineage and a network of 13 lakh agents.

• Has a reliable risk management framework.

How to apply for LIC IPO?

Here is your quick checklist for LIC IPO:

UPI

• Link your bank account to a UPI ID.
• Register your UPI id with your Demat account.
• Subscribe for LIC IPO and approve the payment on your UPI ID.

Demat Account

• If you are an existing Angel One user, 
• If you’re a new investor open AngelOne account using below linkhttps://angel-one.onelink.me/Wjgr/tb4j8p4q,  and begin your investment journey.

 

LIC IPO - Noteworthy Highlights

LIC is the only government-owned insurance company in the country. The entity was formed by merging around 245 insurance companies. Other highlights include :

• Besides life insurance, the company also extends mutual funds, pension funds, housing finance, and card services.

• As of 31 March 2021, there were around 13.53 lakhs individual LIC agents.

• It has more than 1.14 lakh employees. LIC employees are also offered a discount of Rs.45/- per share.

LIC IPO - SWOT Analysis

Strengths

• Multiple offerings: LIC offers various insurance plans. The most popular products include life insurance policies, money back plans, endowment plans, insurance riders, and term insurance plans.
• Diversified business portfolio: LIC boasts a diversified business portfolio. Some of its most noteworthy lines of business include LIC Housing Finance, LIC Pension Fund, LIC Card Services, and LIC Mutual Fund.
• Sizeable fund base: The company operates with a fund base of nearly Rs. 289.57 crores. Additionally, India's largest investor has a robust financial standing with sufficient flexibility to grow and expand its portfolio further.

Weaknesses

• Restrictions on PSU: LIC is subject to various restrictions since it's a PSU. Such restrictions could emerge as a roadblock to the operational and expansion goals of this company.
• Large workforce: LIC has more than 1 lakh employees. Maintaining such a large workforce can become challenging, especially during a financial crisis.

Opportunities

• Online services: The online offerings of LIC cater to a large pool of tech-savvy customers. LIC could tap into the urban market like never before by leveraging the IPO proceeds to establish an extensive digital footprint.
• Increase in disposable income: A surge in individuals' disposable income and greater awareness about the importance of being insured could continue to favour LIC's growth.

Threats

• Competition: Several private insurance policy companies and NBFCs are now active in the market. The unique offerings and more customised services of these competitors could pose a threat to LIC.
• Changes in the fiscal policy: Changes in RBI's monetary and fiscal policies can prompt LIC to modify its policies accordingly. Such changes can be counterintuitive to the company's earnings or scope of operations.

 

Kotak Manufacture in India Fund

 

Scheme Name: Kotak Manufacture in India Fund

Type of the Scheme: An open-ended equity scheme following manufacturing theme.

Benchmark: Nifty India Manufacturing Total Return Index

What is Kotak Manufacture In India Fund?

It is an open-ended equity scheme following a manufacturing theme. It invests in companies engaged in manufacturing activities, giving you an opportunity for wealth creation alongside the growing Indian economy. 

Investment Objective: The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments which invests interalia into companies that are part of manufacturing theme and engage in following activities:

• directly engage in manufacturing activity,
• benefit from Government’s Manufacture in India initiatives,
• replace India’s imports by manufacturing in India
• Export goods manufactured in India
• have the potential to increase employment in India
• invest in new manufacturing plants/facilities
• aid manufacturing of new age technology solutions

Where will the scheme(s) invest?

Subject to the Regulations, the amount collected under each of the scheme can be invested in any (but not exclusively) of the following securities/ instruments, as per the indicative asset allocation given under the heading How will the Scheme allocate its assets: 

• Equity and equity related securities including convertible bonds and debentures and warrants carrying the right to obtain equity shares. 
• Companies coming out with IPO 
• Securities created and issued/ guaranteed by the Central and State Governments and/or repos/reverse repos in such Government Securities as may be permitted by RBI (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills). 
• Debt obligations of domestic Government agencies and statutory bodies, which may or may not carry a Central/State Government guarantee (including but not limited to Indian Government Bond, State Development Loans issued and serviced at the Public Debt Office, Bonds issued by Central &State Government PSU’s which are guaranteed by Central or State Governments).
• Corporate debt (of both public and private sector undertakings) including Non-convertible debentures (including bonds) and non-convertible part of convertible securities.
• Short Term Deposits of banks (both public and private sector) and development financial institutions to the extent permissible under SEBI Regulations
• Money market instruments permitted by SEBI/RBI, having maturities of up to one year or in alternative investment for the call money market as may be provided by the RBI to meet the liquidity requirements.
• Certificate of Deposits (Cds).
• Commercial Paper (Cps).
• Repo of corporate debt securities.
• Triparty repo on Government securities or treasury bills, Bills re-discounting, as may be permitted by SEBI from time to time.
• Securitised Debt, excluding foreign securitised debt.
• Securities Lending and short selling as permitted by SEBI from time to time
• The non-convertible part of convertible securities.
• Derivative instruments like interest rate swaps, index futures, stock futures, index options, stock option, warrants, convertible securities, or any other derivative instruments that are permissible or may be permissible in future under applicable regulations. To reduce interest rate risk in a debt portfolio, the scheme may hedge the portfolio or part of the portfolio (including one or more securities) on weighted average modified duration basis by using Interest Rate Futures (IRFs) (both perfectly and imperfectly hedged).
• Investment in units of Real Estate Investment Trust (REIT) & Infrastructure Investment Trust (InvIT). 

This Product is suitable for investors who are seeking*

• Long term capital growth
• Investment in equity and equity related securities across market capitalization

Supriya Lifescience Ltd IPO

 

Supriya Lifescience IPO

Supriya Lifescience is engaged in the manufacturing of Active pharmaceutical ingredients (APIs). As of March 31, 2021, the company produces 38 APIs focused on diverse therapeutic segments such as antihistamine, analgesic, anaesthetic, vitamin, anti-asthmatic and anti-allergic. The company has been the largest exporter of Chlorpheniramine Maleate and Ketamine Hydrochloride from India between Fiscal 2017 and 2021. The company is also one of the largest exporters of Salbutamol Sulphate from India in FY 2021 in terms of volume.

Objects of the Issue:

• Funding capital expenditure requirements of the company
• Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company and
• General corporate purposes

Supriya Lifescience IPO Details

IPO Opening Date	Dec 16, 2021
IPO Closing Date	Dec 20, 2021
Issue Type	Book Built Issue IPO
Face Value	₹2 per equity share
IPO Price	₹265 to ₹274 per equity share
Market Lot	54 Shares
Min Order Quantity	54 Shares
Listing At	BSE, NSE
Issue Size	[.] Eq Shares of ₹2 (aggregating up to ₹700.00 Cr)
Fresh Issue	[.] Eq Shares of ₹2 (aggregating up to ₹200.00 Cr)
Offer for Sale	[.] Eq Shares of ₹2 (aggregating up to ₹500.00 Cr)
QIB Shares Offered	Not less than 75% of the Offer
Retail Shares Offered	Not more than 10% of the Offer
NII (HNI) Shares Offered	Not more than 15% of the Offer

 

Supriya Lifescience IPO Tentative Timetable

The Supriya Lifescience IPO open date is Dec 16, 2021, and the close date is Dec 20, 2021. The issue may list on Dec 28, 2021.

IPO Open Date	Dec 16, 2021
IPO Close Date	Dec 20, 2021
Basis of Allotment Date	Dec 23, 2021
Initiation of Refunds	Dec 24, 2021
Credit of Shares to Demat Account	Dec 27, 2021
IPO Listing Date	Dec 28, 2021

 

Supriya Lifescience IPO Lot Size

The Supriya Lifescience IPO market lot size is 54 shares. A retail-individual investor can apply for up to 13 lots (702 shares or ₹192,348).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	54	₹14,796
Maximum	13	702	₹192,348

 

 

How to Apply for  IPO?

You can apply for the IPO in these ways:

Demat Account

If you’re a new investor open demat account for free with Angel One using link https://tinyurl.com/k79bdf4z to begin your investment journey.

UPI

Alternatively, you can apply for IPO through UPI. First, you need to connect your bank account with a preferred UPI platform. Then, link it with your Angel One account. After that, you can use the UPI option present on the Angel One website and app to subscribe to IPO.

Finally, go to the UPI app to book shares for the IPO.