LICI IPO: 2022 listing loss, ₹406 now on NSE

Why the LICI IPO is trending again

LICI is back in social media conversations for two separate reasons that are getting discussed together. The first is the long-running reference point of the LIC IPO in May 2022, which was widely described as India’s largest-ever public issue. The second is fresh attention on the National Stock Exchange of India’s IPO, where LIC is repeatedly cited as a major anchor investor. These two threads often get mixed because investors track LIC both as a listed stock and as a large institutional participant in other listings. The LIC share price is also being circulated in posts as a quick snapshot of where the stock trades today versus its IPO level. As of 24 Sep 2026, the context shared online puts LIC at ₹406.00 with a marginal daily change of -₹1.50 (-0.37%). Some posts also highlight the day’s open at ₹400.90 versus a previous close of ₹407.50. Together, these data points are being used to frame a simple narrative around IPO pricing, listing performance, and what happens after listing.

LIC IPO timeline: open, close, allotment, listing

The LIC IPO opened for subscription on 4 May 2022 and closed on 9 May 2022. Social posts repeatedly mention the allotment being finalised on 12 May 2022. LIC shares were listed on 17 May 2022. The listing was on both BSE and NSE, which is consistently repeated in investor summaries. Many discussions treat these dates as milestones because the IPO was large and followed closely. The date of listing is also used in datasets and trading screenshots that show 17-May-2022. Over time, these dates have become shorthand for “where it started” for LICI as a public market stock. The timeline is often posted alongside current prices to show how the stock has moved since listing.

IPO size, offer price, and the first-day outcome

The public issue size mentioned in posts is ₹20,557.23 crore. The IPO is described as a bookbuilding issue in shared summaries. The offer price is stated as ₹949.00 per share. The stock is also repeatedly cited as listing at ₹872.00. Based on those values, the listing is described as a listing loss of -8.11%. These figures remain central because they are easy to compare with later traded prices. The focus in discussions is typically not on fine-print metrics but on the clean IPO-to-listing arithmetic. In 2026 conversations, the same numbers are being re-posted as a reference point while people debate how IPO pricing and demand interact.

LICI on NSE and BSE: symbols, codes, and ISIN

The stock symbol shared for LIC on the NSE is LICI. The BSE code cited in posts is 543526. The ISIN mentioned is INE0J1Y01017. Several posts also include a quick “listing at” field showing that LIC trades on BSE and NSE. This matters for retail investors because screenshots often differ depending on the exchange view they are using. The company name is shown as Life Insurance Corporation of India in the shared snippets. Contact details and the official website are also posted, including http://www.licindia.in/. The listed address circulated is Yogakshema, Jeevan Bima Marg, Nariman Point, Mumbai, Maharashtra – 400021. These identifiers are frequently used in social posts to confirm the correct security, especially when people cross-check tickers and codes.

LIC share price on 24 Sep 2026: what posts are quoting

As of 24 Sep 2026, the LIC share price cited in the shared context is ₹406.00. The same snapshot shows a daily change of -₹1.50 (-0.37%). The day’s open is posted as ₹400.90, compared with the previous close of ₹407.50. Another shared line shows LICI at ₹403.00 with a change of -1.55 (-0.38%) as of 23-Sep-2026 11:23:05 IST. These are presented online as quick checks rather than full-day trading ranges. Because the IPO offer price was ₹949.00 and the listing was ₹872.00, many users naturally compare those to the ₹406 region now being circulated. Posts that do this comparison typically focus on the raw numbers rather than attributing the move to a single cause. The key point is that the current quote is being shared widely as a headline figure in ongoing discussions.

Quick reference table: IPO facts and current snapshot

The following table compiles the recurring factual fields that are being reposted in Reddit threads and social media summaries.

Why LIC is being mentioned in NSE’s IPO discussions

A separate but connected trend in the same feeds is the NSE IPO, where LIC appears as a major participant. Coverage shared in the context says the NSE IPO raised ₹6,746.18 crore from anchor investors at ₹1,785 per share. Reuters is cited for the detail that shares worth 67.46 billion rupees were allotted to anchor investors, and that LIC bought shares worth 4 billion rupees and was the largest investor in the round. Another line in the shared context states LIC committed about ₹465.3 crore in the anchor allocation. Some posts go further and claim LIC participated via three entities - LIC, LIC Mutual Fund and LIC Pension Fund - and invested over ₹500 crore. In addition, LIC is described as already holding about a 10.7% to 10.72% stake in NSE. This combination of being a listed stock and a large institutional investor explains why the LIC ticker and the NSE IPO are being discussed in the same threads. Investors are effectively tracking LIC from two angles - as a share price (LICI) and as a participant in another major listing.

NSE IPO details being circulated alongside the LIC angle

The parameters shared for the NSE IPO include a price band of ₹1,700 to ₹1,785 per share and an issue size of about ₹22,561.5 crore to ₹22,562 crore. The issue is described as a complete offer for sale (OFS), meaning the exchange itself would not receive proceeds and the money would accrue to selling shareholders after expenses. The IPO dates being circulated are 17 to 21 September, 2026, with allotment mentioned as Tuesday, 22 September. The listing date being repeated is Thursday, 24 September, and some posts specify listing on the BSE. One data point shared is that on Day 3 the issue received 50,47,38,088 bids against 8,86,42,911 shares, translating into a 5.69 times subscription. Another anchor-related snippet says 3.77 crore to 3.78 crore shares were allotted to 150 to 189 anchor investors at ₹1,785. Bloomberg is also cited for a claim that LIC placed bids worth about 45 billion rupees, while noting that these details were not public. The key takeaway from the shared context is that institutional activity is being highlighted heavily, and LIC’s presence is central to that narrative.

What retail investors are taking away from these two threads

For many retail investors, LIC’s own IPO history serves as a reference point when evaluating new large issues. The LIC IPO is often summarised in one line: ₹949 issue price, ₹872 listing, and a -8.11% listing loss. The current ₹406 quote being circulated on 24 Sep 2026 provides a simple comparison point, even if it does not capture the full path of the stock over time. Separately, LIC appearing as the largest anchor investor in the NSE IPO is being read as a signal of strong domestic institutional participation. At the same time, the NSE IPO is clearly described as an OFS, which changes how some investors interpret “funds raised” versus “company proceeds.” Social posts also show that many people are tracking the administrative details like symbol (LICI), BSE code (543526), and the ISIN to avoid confusion. The combined discussion reflects how India’s primary market events can revive interest in older IPOs, especially large ones. For readers trying to stay factual, the cleanest approach is to separate the two stories - LIC as a listed insurer (LICI) and LIC as an investor in the NSE IPO - and then compare only the numbers that are explicitly reported.