{"id":1495,"date":"2023-07-31T17:10:44","date_gmt":"2023-07-31T11:40:44","guid":{"rendered":"https:\/\/savart.com\/blog\/?p=1495"},"modified":"2023-07-31T18:04:12","modified_gmt":"2023-07-31T12:34:12","slug":"how-to-apply-for-lic-ipo","status":"publish","type":"post","link":"https:\/\/savart.com\/blog\/how-to-apply-for-lic-ipo\/","title":{"rendered":"How to apply for LIC IPO?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/savart.com\/blog\/wp-content\/uploads\/2023\/07\/apply-for-lic-ipo-1-1024x533.jpeg\" alt=\"\" class=\"wp-image-1807\" width=\"905\" height=\"471\" srcset=\"https:\/\/savart.com\/blog\/wp-content\/uploads\/2023\/07\/apply-for-lic-ipo-1-1024x533.jpeg 1024w, https:\/\/savart.com\/blog\/wp-content\/uploads\/2023\/07\/apply-for-lic-ipo-1-300x156.jpeg 300w, https:\/\/savart.com\/blog\/wp-content\/uploads\/2023\/07\/apply-for-lic-ipo-1-768x400.jpeg 768w, https:\/\/savart.com\/blog\/wp-content\/uploads\/2023\/07\/apply-for-lic-ipo-1-1536x799.jpeg 1536w, https:\/\/savart.com\/blog\/wp-content\/uploads\/2023\/07\/apply-for-lic-ipo-1-1568x816.jpeg 1568w, https:\/\/savart.com\/blog\/wp-content\/uploads\/2023\/07\/apply-for-lic-ipo-1.jpeg 1920w\" sizes=\"auto, (max-width: 905px) 100vw, 905px\" \/><\/figure>\n\n\n\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<p><strong data-rich-text-format-boundary=\"true\">How to apply for<\/strong> <strong>LIC IPO?<\/strong><\/p>\n<h2><strong>Apply for LIC IPO \u2013 Through Broker (Demat\/Trading Account)<\/strong><\/h2>\n<h4>Follow the steps below to apply for an IPO through a broker:<\/h4>\n<p><strong>Step 1:<\/strong> Log in to your broking account. If you do not have an online account, you can register with your email and phone number to create an account.<\/p>\n<p><strong>Step 2:<\/strong> Locate the IPO section in the app or desktop version of the broker and go to the current IPO section. Choose the IPO name from the list of IPOs.<\/p>\n<p><strong>Step 3:<\/strong> Enter the number of lots you want to bid for and select the bid price.<\/p>\n<p><strong>Step 4<\/strong>: In the next step, enter the UPI ID and click on the <strong>Submit<\/strong> button. You must approve your UPI app to complete the transaction, and the exchange will approve the bid.<\/p>\n<p><strong>Step 5<\/strong>: The money used to apply for IPO is on hold until the IPO allotment date. Now, wait for the mandate notification in the UPI app.<\/p>\n\n<p><\/p>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\">\u00a0<\/div>\n<p><\/p>\n<h2><strong>Apply for LIC IPO \u2013 Through Net Banking\u00a0<\/strong><\/h2>\n<h4>Follow these steps to apply for LIC IPO through Net Banking<\/h4>\n<p><strong>Step 1:<\/strong> Log in to your net-banking account<\/p>\n<p><strong>Step 2:<\/strong> Go to the &#8216;Investment&#8217; section and click on IPO or e-IPO option.<\/p>\n<p><strong>Step 3:<\/strong> Fill in the mandatory details like depository and bank details.<\/p>\n<p><strong>Step 4:<\/strong> After completing verification, click on the &#8216;Invest in IPO&#8217; option.<\/p>\n<p><strong>Step 5:<\/strong> Click on LIC IPO and add the number of shares and the &#8216;bid price&#8217;.<\/p>\n<p><strong>Step 6:<\/strong> Check the box that confirms that you have read the terms and conditions of the bidding.<\/p>\n<p><strong>Step 7:<\/strong> Click on &#8216;Apply Now&#8217;.<\/p>\n<p><strong>Step 8:<\/strong> The money will remain blocked until decision on allotment. The amount is only debited after the allotment of the shares.<\/p>\n\n\n<\/p>\n<p>\n\n<\/p>\n<div class=\"wp-block-spacer\" aria-hidden=\"true\">\u00a0<\/div>\n<p>\n\n<\/p>\n<p class=\"p1\"><b>Check Share Allotment: Step-by-step guide<\/b><\/p>\n<p class=\"p1\">Follow the steps below to check your allotment of shares.<\/p>\n<p class=\"p2\"><span class=\"s1\">Step 1: Go to\u00a0<a href=\"https:\/\/www.bseindia.com\/investors\/appli_check.aspx\">https:\/\/www.bseindia.com\/investors\/appli_check.aspx.<\/a><\/span><\/p>\n<p class=\"p1\">Step 2:\u00a0Select the issue type.<\/p>\n<p class=\"p1\">Step 3:\u00a0Enter the issue name, application number, and PAN details.<\/p>\n<p class=\"p1\">Step 4:\u00a0Click on the search.<\/p>\n<p class=\"p1\"><i>Savart Trivia: LIC is the fifth biggest insurance entity in the world. If everything goes as per plans, this will be India\u2019s largest ever IPO.<\/i><\/p>\n<p class=\"p1\"><i>To know whether you should invest in the LIC IPO and for customized advice, reach out at\u00a0<\/i><a href=\"https:\/\/savart.com\/\"><span class=\"s2\">Savart.<\/span><\/a><\/p>\n<p class=\"p1\">To know all about the LIC IPO,\u00a0<a href=\"https:\/\/savart.com\/everything-about-lic-ipo\/\"><span class=\"s2\">read this<\/span><\/a><\/p>\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n","protected":false},"excerpt":{"rendered":"<p>How to apply for LIC IPO? Apply for LIC IPO \u2013 Through Broker (Demat\/Trading Account) Follow the steps below to apply for an IPO through a broker: Step 1: Log in to your broking account. If you do not have an online account, you can register with your email and phone number to create an [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1803,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investments"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to apply for LIC IPO? - Savart Blogs - Investing Simplified<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/savart.com\/blog\/how-to-apply-for-lic-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to apply for LIC IPO? - Savart Blogs - Investing Simplified\" \/>\n<meta property=\"og:description\" content=\"How to apply for LIC IPO? 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