Announced Tue, 4 Aug · 17:35 IST
Govt exercises oversubscription option in LIC OFS, total 6.50% stake sale
LICI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹391.30
prior close
₹386.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+1.6+1.7+2.4-1.0+0.3+0.4+3.5+6.3+5.7+6.3+5.2——
Up moveDown movePending
AI summary
Government of India, promoter of LIC, is exercising the oversubscription option in its ongoing Offer for Sale. Base offer of 3.16 crore shares (2.50%) plus oversubscription of 5.06 crore shares (4%) totals 8.22 crore shares or 6.50% of LIC paid-up capital. Retail investors get 10% quota on August 5, 2026, with Rs. 10 discount per share for those bidding at cut-off price. Up to 50 lakh shares are reserved for LIC employees as well.
Likely market impact
Higher government supply via OFS may pressure LIC share price short term. Retail bidders at cut-off get Rs. 10 per share discount.