LIC IPO Valuation

LIC IPO Valuation has a divided view among analysts. India’s largest life insurance company, Life Insurance Corporation Of India has filed for the biggest-ever IPO. A rough estimate indicates a valuation of around ₹15 lakh crore. Sources consider the valuation may go up if the market value of the properties owned by LIC is considered.

One of the biggest Life Insurance Companies in the world, the IPO is estimated to be around ₹75000 crores. With this, the target for the depository, CDSL with new Demat accounts is estimated to be 36 crores by policyholders. Known as the juggernaut of Equity in Indian Markets, the LIC portfolio in the Banking and Financial Services constitutes around 37 percent of the NIFTY 50 index.

LIC IPO VALUATION

India’s Equity Machine, LIC holds a stake in all the public and private banks working across the country. The state-owned insurer earned income from dividends at ₹1.76 lakh crores in FY18 compared to ₹1.59 lakh crores in FY17. Termed as the biggest IPO ever, LIC has offered a special quota for its existing policyholders too which is kept up to 10 percent of the total bid offer.

LIC IPO Valuation Details

LIC IPO Valuation will be factored into considering the holdings of the insurance company in the Equity market. Let us have a look at LIC’s holdings in different sectors i.e Banking, Finance, PSU’s, Technology, Auto, Pharma, and many more.

LIC Holdings in Banking Sector

Banking Sector % Holding
IDBI

AXIS

ICICI

SBI

Punjab and Sind

PNB

CBI

UBI

BOB

Karnataka Bank

City Union Bank

Corporation Bank

South Indian Bank

UCO

Andhra Bank

Bank Of Maharastra

HDFC

KOTAK

Indian Bank

Laxmi Vilas Bank

United Bank Of India

51.00

10.37

10.37

9.25

7.40

7.30

6.40

6.19

4.01

4.97

3.86

3.62

3.22

3.07

2.64

2.61

2.52

1.95

1.85

1.71

1.27

LIC Holdings in Finance Sector

Finance Sector % Holdings
LIC Housing Finance

ILFS

India Bulls Housing

REC

AB Capital

Bajaj Finserv

Edelweiss Finserv

40.30

25.35

10.78

2.78

2.43

2.16

1.14

LIC Holdings in PSU’s

PSUs % Holdings
MTNL

MSTC

NMDC

NSE

BHEL

MOIL

HAL

MIDHANI

CDSL

BEL

ITDC

CONTAINER CORP INDIA

RCF

RVNL

GRAPHITE IND

14.56

9.98

12.80

12.51

11.67

7.12

7.00

6.58

4.15

3.28

3.22

3.18

2.20

1.94

1.89

LIC Holdings in Technology

Technology % Holdings
INFY

WIPRO

TCS

ORACLE

5.85

4.81

3.98

2.12

LIC Holdings in Auto Sector

Auto Sector % Holdings
HERO

BAJAJ

TVS MOTOR

ASHOK LEYLAND

5.54

4.60

1.70

1.36

LIC Holdings in Pharma Sector

Pharma sector % Holdings
SUN PHARMA

DR. REDDY

CADILA HEALTH

ORCHID PHARMA

LUPIN

5.88

3.91

2.92

2.69

2.42

Apart from the above holdings, the state-owned insurer also has its holdings in utility companies like BATA, PIDILITE, VIDEOCON, etc, and OMC companies like ONGC, CASTROL, BPCL, HPCL, etc.

Read more to know about LIC IPO Date, GMP, Review, Price, and all the details.

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