PLAGIARISM SCAN REPORT

Date 2022-08-19

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It rained IPOs in 2021, with 63 firms raising Rs. 1.19 trillion, a record for any year. This growth is predicted to additional
maintain till 2022. solely within the half-moon of 2022, 23 firms area unit about to go public! IPO (Initial Public Offering),
however, has everybody on the sting of their seats: LIC (Life Insurance Corporation of India). The commerce of India's most
well-known insurance firm is predicted to be the country's largest-ever commerce.

In Feb of this year, LIC filed a Draft Red Herring Prospectus (DRHP) and later tweaked the IPO's size. The insurance firm
reduced the scale of its initial public providing (IPO) from 5-hitter to 3.5%, raising regarding Rs. 21,000 crores. In spite of
the reduction in size, this is often still thought-about the most important commerce within the Indian securities market. In
the IPO, the govt can supply 221,374,920 equity shares as a suggestion purchasable. The LIC has set a worth vary of Rs. 902
per share on the low finish and Rs. 949 per share on the higher finish. This worth vary is additionally referred to as worth
Band within the securities market jargon. Bids for a minimum of fifteen equity shares and multiples of 15 is created on the
electronic platform discovered for the aim. it's reserved 100 percent of the whole shares offered for the policy holders of
LIC and 5-hitter for the LIC workers. Also, policy holders get a reduction of Rs.60, whereas the retail investors and eligible
LIC workers get a reduction of Rs.45 on the share worth of LIC.

So however will a LIC customer make the most of this opportunity? Applying for the LIC initial public offering as a
customer is straightforward. you merely have to be compelled to certify you have got these 2 things ticked off the list of
requirements-

An active Demat account:

If you don’t have a Demat account however, visit either NSDL or CDSL websites for an inventory of registered deposit
participants.

Then, give your recent photograph, PAN card, address proof and a off cheque to finish the KYC for gap your Demat
account.

A PAN card connected to the policy account:

1. To update your records connected to the policy account, visit www.licindia.in and click on on the icon to register your
PAN on-line.
2. Enter your email ID, date of birth, contact variety, full name and LIC policy variety

3. Click to examine the declaration box and enter the displayed captcha code

4. Click on ‘Get OTP’ and enter the OTP you received to finish the verification method.

Before moving ahead with the appliance method for LIC initial public offering as policyholders, you'll have to be compelled
to check for the relevance following rules as per the various policy holding scenarios:

1. Even though you have got multiple policies, you'll be able to solely apply for the initial public offering once.

2. If you plan a policy for a minor kid, you're eligible for reservations specifically put aside for the customer reservation
portion as a result of you're the owner of the policy.

3. Only 1 of the policyholders will apply below the policy reservation class if the policy is control collectively. the opposite
person/(s) will apply mistreatment the quality procedure for non-policyholders.

After you're through with the essential needs concerning eligibility, you'll be able to apply for the LIC initial public offering
following a straightforward procedure:
1. On the DP's platform, attend your profile. whereas the navigation method varies from company to company, you ought

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to cross-check the initial public offering section of the platform you are mistreatment.

2. After that, hunt for the acceptable class below the LIC initial public offering tab. The 'Policyholder Reservation Portion' is
receptive all eligible policyholders.

3. Fill in your data, place a bid for the quantity of shares you're applying for and so click the submit button.

4. Following that, the taking part bank can issue you a mandate you'll have to be compelled to settle for.

5. Once you are finished, click the 'apply now' button. Then, mistreatment UPI or the other on-line payment choice,
complete the payment choice.

6. If you decide on the UPI payment choice, you'll receive an invitation to dam the specified funds on your UPI mobile
application.

7. Once approved, the funds can currently be control in your checking account till the allotment method is completed. For
such UPI-based bids, a limit of Rs a pair of large integer has been set.

8. The cash are going to be mechanically debited from the account if the shares square measure assigned to you. If you do
not get the shares within the share allotment method, the funds blocked for initial public offering bidding are going to be
free and you'll be able to employ those funds for the other purpose you want.

Retail investors who don’t fall under the class of policyholders will apply under the QIB (qualified institutional buyers)
phase. The procedure for constant includes the subsequent steps:

1. Go to your on-line net-banking account and log in. After that, you will be taken to their home page.

2. Go to the investment section and choose IPO/e-IPO from the menu.

3. Fill within the depository and bank account data. The verification method are going to be finished once you've got done
that.

4. Once you've got completed the verification method, choose the 'Invest in IPO' choice.

5. Add the quantity of shares and therefore the 'bid price' to the LIC initial public offering. Then press the 'Apply now'
button.

6. The cash for the appliance are going to be control within the bank till the allotment is finalised. Following the allotment
of the shares, the account are going to be debited for the applicable quantity. If you don’t get the shares within the
allotment method, the cash blocked shall be discharged.

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