The Government-owned LIC of India has already started the work on the database of policyholders who would be eligible for the reserved 10 percent of the allotment in its initial public offering (IPO) which is expected during the month of March 2022 as per media sources.
The LIC IPO is going to be the Mother of all IPO's in India. The total valuation of LIC is not so easy and still, the process is still going on.
The LIC IPO calculations are mind blogging. The total IPO is in billions of dollars which is the very first in India. LIC had kept some portion of IPO only for policyholders only.
Those who are having LIC POLICY can apply in the LIC POLICYHOLDERS reserved category. All other individuals as general applicants. LIC POLICYHOLDERS are requested to update their PAN card and AADHAR card which is essential for all financial transactions in India.
- Check whether your PAN and Aadhar are linked or not by visiting this link: Check now to know your PAN and AADHAR are linked or not,
- If your PAN and AAdhar numbers are not linked. Please do it now by visiting this link: https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar
- If your PAN number is not updated with LIC policy: UPDATE PAN NOW
As per SEBI linking AADHAR and PAN is a must for applying for any IPO's or MUTUAL FUNDS. Open a Demat for free* and start investing.
