One of the most-awaited initial public offerings (IPO) to date, that of Life Insurance Corporation (LIC) of India, opens today to raise ₹ 21,000 crore from investors. Retail investors would be offered the issue at a discount of ₹ 45 per equity share, while LIC policyholders will receive a ₹ 60 discount on the issue price. This could be a watershed moment for the Indian capital markets since it may attract millions of new investors from Tier-2 and Tier-3 towns for the first time. Now Open D-MAT account and Apply LIC IPO (Rs 900 - Rs 1200 Extra Discount for LIC Policy holders). hurry up!!
Note- If you are a LIC Policy holder then must apply for the IPO. LIC policyholders will receive a ₹ 60 discount on the issue price.
How to Open D-MAT account and Apply LIC IPO (Rs 900-1200 Extra Discount for LIC Policy holders)?
1- First of all, Open D-MAT Account from Upstox Stock Exchange
2- Create account and Open D-MAT account with 10 minutes
3. Enter your Aadhar Linked Mobile Number and Valid Email Address and Verify your Number with OTP.
4. On Next Step, Enter Your Parents PAN Number or your PAN Number and Date Of Birth and Go to Next.
5. They will ask about your self So Tap on Options.
6. Select NO on Tax Residency Other than Indian and Agree Terms and Move.
8. Agree Terms and Tap on YES Option.
9. Enter your Bank Account Details where you want to Earn Money.
10. Now Make a Signature on White Paper and Upload it.
11. No Need to Upload Income Proof and Submit your Signature.
12. Tap on SKIP Refer Earn Page.
13. Tap on E-Sign With Aadhaar OTP Option.
14. Wait for Sometime and you will be on Different Page so Tap on Generation Page Link.
15. Enter your Aadhaar Mobile Number and Fill captcha and Verify your mobile number with OTP.
16. If you’re not able to Complete Aadhar OTP Verification Process then they will Call you soon on some time and you can Give them OTP.
17. You will Receive your Username and Password within 24 Hours after Aadhaar OTP Verification which is Last Step.
How to Apply for LIC IPO?
1- First of al Install latest New App of Upstox
2- Now Login
3- Go to "Discover" option
4- Choose "LIC IPO- Policyholder" option
5- Click Apply
6- Select lot size -1 then Next
7- Enter UPI ID to hold money for IPO (You can give any UPI like Paytm, Kotak, SBI etc)
8- Click Submit
9- Now Go to respective App to mandate UPI Transaction to block your fund
10- Mandate your pending UPI transaction
11- here you will see that Rs 1200 price is less for mandate for Policy holders,
12- Now 12 May, You will get your LIC Share or your money will refund instant.