LIC Share Price Target, Forecast, Prediction 2022, 2023, 2024, 2025, 2040: Traders, Investor, Research Analyst are forecasting the LIC Shares, we can see the LIC Share Target price and Fundamental Details.
On this page we will see information on Life Insurance corporation of India Limited Today Share Price, LIC future price, LIC Stocks Fundamentals and Market cap, PE Ration etc.. we are collected all the information form nseindia.com website.
It is up to them to decide for themselves whether or not to invest in LIC shares. We provide you with an accurate knowledge of LIC shares through this page. We also report on the extent to which LIC shares will rise in the coming years. So LIC can approach their financial advisor and ask for ideas before investing in stocks.
Contents
| Sector | Insurance |
| Name | Life Insurance corporation of India Limited |
| NSE SYMBOL | LICI |
| Market Cap | 448,885 Cr |
| Stock P/E | 111 |
| Book Value | 16.5 |
| ROCE | 142% |
| Sector | Insurance |
| website | licindia.in |
| 52 week High | Rs.918.95 |
LIC Target and Prediction 2022, 2023, 2024, 2025
Life Insurance Corporation of India Limited is India’s largest insurance provider company and it’s owned by government of India. LIC sales unit linked insurance product, life insurance, savings insurance, term insurance, product Health Insurance, pension product, etc.,
Life Insurance Corporation of India was started on September 1, 1956 by a consortium of 245 insurance companies. At present more than one lakh and eight thousand persons are employed in this LIC. This Life Insurance Corporation of India Limited Company is a very important large company in India. LIC Revenue is 7.25 lakh crores INR (US$95 billion, 2022)
LIC IPO 2022
Life Insurance Company of India Limited announced the IPO (Initial Public Offering) from May 04, 2022 to may 09, 2022. The LIC IPO face value is Rs.10/-. LIC IPO Price is Rs.902 to 949/-.
| LIC IPO Date | May 4, 2022 to May 9, 2022 |
| LIC IPO Face Value | ₹10 per share |
| LIC IPO Price | ₹902 to ₹949 per share |
| LIC IPO Lot Size | 15 Shares |
| Issue Size | 221,374,920 shares of ₹10 (aggregating up to ₹21,008.48 Cr) |
| Offer for Sale | 221,374,920 shares of ₹10 (aggregating up to ₹21,008.48 Cr) |
| Retail Discount | Rs 45 per share |
| Employee Discount | Rs 45 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Company Promoters | The President of India, acting through the Ministry of Finance, Government of India is the company promoter. |
LIC DIVIDEND
The board of Life Insurance Corporation of India Limited has recommended a dividend of Rs 1.50 per equity share with a face value of Rs.10 each for the year ended March 31, 2022
Let’s see what LIC shares will look like in 2022. As of 25.01.2023. LIC shares are currently trading at 689 Rupees. Analysts say LIC shares are selling below 700 for 2023. Analysts say that this year, by 2023, LIC shares will be priced at approximately 880.
basically LIC is fundamentally very good large company in India. the market players plays a very big role in LIC shares. ok let’s see how LIC perform in 2023
| LIC Share Price Target 2023 | |
| Target Price | 801+ |
LIC is ranked 5th globally by life insurance GWP and Tenth globally in terms of total assets. It is the largest asset manager in India with an AUM of Rs 40.1 lakh crore as of Dec 2021, which is 17.0% of India’s GDP.
| LIC Share Price Target 2024 | |
| Target Price | 900+ |
| LIC Share Price Target 2025 | |
| Target Price | 1300+ |
Conclusion – Final Words
the above said all the information are personally calculated by me. and I am not a SEBI registered advisor. so before investing LIC you may discuss your financial advisor. and above information goes may be right or it may be wrong, so decision is yourself.
In this Article we see Life Insurance Share Price Today and Target 2022, 2023, 2024, 2025 and LIC IPO Status, LIC Dividend, LIC shares dividend, if any doubts ask through comment section, our team resolved the doubts as soon as possible.
Disclaimer: In this article, we have just collect the LIC company share data, also we are not a SEBI registered advisor. We have not provided any investment advice on this shares. Before doing any investment or trading please study yourself or take the advice from your financial advisor.