LIC OFS: Government exercises oversubscription option, total size now 6.50 percent

Ofs At DiscountCapital Market Events View source PDF Explain this filing

LICI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹391.30

prior close

₹386.00

announcement price

After-mkt

timing

Nifty Midcap 150market+0.2%+0.2% vs market

Life Insurance peers, median of 5sector+0.2%+0.2% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Midcap 150 and 0.2 pts more than its Life Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.6

10m

+1.6

15m

+1.7

30m

+2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+0.2+0.2+0.2+0.2

Next day

-1.0-0.2-0.8-0.0-0.9

+0.3+0.1+0.3-0.6+1.0

+0.4+0.5-0.1-0.3+0.8

+3.5+0.5+3.0-1.6+5.1

+6.3+0.7+5.6-0.9+7.2

+5.7+0.3+5.4+0.1+5.5

15d

+6.3+0.8+5.5+2.8+3.5

+5.2-1.2+6.4-0.3+5.5

-0.7-6.8+6.2-10.0+9.3

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UpDownMarket · Nifty Midcap 150Sector · Life Insurance peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Government of India, as LIC promoter, is exercising the full oversubscription option in its ongoing OFS. Total offer size now 8.22 crore shares or 6.50 percent of paid-up capital, up from base 2.50 percent. Non-Retail bidding on August 4, 2026. Retail and Employees bid on August 5 at Rs 373.10 (Rs 10 discount). Non-Retail cut-off at Rs 383.10. 10 percent reserved for retail, up to 50 lakh shares for eligible employees.

Likely market impact

Strong investor demand for LIC shares; retail investors get a Rs 10 discount. Higher supply may weigh on stock price in the short term.