LIC OFS August 2026 OFS Detail

Offer For Sale | ₹31,409.94 Cr. | Listing at BSE, NSE

Life Insurance Corporation Of India is an Offer for sale of equity shares by President of India through the stock exchange mechanism.

The OFS is conducted at a floor price of ₹382 per share and cut-off price of ₹[.] per share, with a face value of ₹10 per share, for an aggregate of 82.22 crore equity shares, representing an overall issue size of of and an oversubscription of 50.60 crore equity shares.

Of the total shares offered, 8.22 crore equity shares are reserved for retail investor, with the balance of 74.00 crore equity shares allocated to non-retail investors.

The non-retail portion opens on Aug 4, 2026, followed by the retail portion on Aug 5, 2026. The OFS is conducted through NSE and BSE.

The OFS follows a price priority allocation methodology. Retail investors are eligible for allocation at the cut-off price, while non-retail investors bid above the floor price, in accordance with exchange guidelines.

Investors are advised to refer to the OFS notice Opening of OFS and exchange circulars for detailed information, including bidding process, allocation methodology, and settlement timelines.

IPO Stock Quote & Charts

OFS Details

Allocation Methodology

Price Priority
Base Issue Size

31,62,49,885 (6.50% of the total issued and paid-up Equity Share capital of the company)
Face Value

10
RS (Retail Shares)

8,22,24,971
IS (Non Retail) Shares

74,00,24,730
Seller Name

President of India

OFS Listing At

BSE, NSE
Oversubscription Option

50,59,99,816
Total Issue Size

82,22,49,701
Cut-off Price
Floor Price

382

Company Financials (Restated Consolidated)

Life Insurance Corporation Of India’s revenue increased by 10% and profit after tax (PAT) rose by 12% between the financial year ending with March 31, 2026 and March 31, 2025. (Amount in ₹ Crore)

Period Ended	31 Mar 2026	31 Mar 2025
Assets	59,09,531.25	56,11,589.25
Total Income	9,74,407.53	8,87,267.41
Profit After Tax	53,667.60	47,992.25

About Life Insurance Corporation Of India

Life Insurance Corporation of India is India’s largest life insurance company and a leading institutional investor. Established in 1956 under the LIC Act, the company provides a wide range of life insurance products, including protection, savings, pension, annuity, unit-linked, and group insurance plans to individual and corporate customers across India.

LIC operates through an extensive network of branch offices, agents, intermediaries, and digital platforms, serving millions of policyholders nationwide. The company generates revenue primarily through premium collections, investment income, and policy-related charges. LIC invests policyholders’ funds across government securities, equities, bonds, infrastructure projects, and other approved financial instruments.

LIC held a dominant share of India’s life insurance market and maintained a strong presence in both urban and rural areas. The company offers individual life insurance, group insurance, pension and annuity products, micro-insurance solutions, and online insurance plans designed to meet diverse customer needs.

Key Business Segments:

Individual Life Insurance Plans
Group Insurance Plans
Pension & Annuity Products
Unit-Linked Insurance Plans (ULIPs)
Micro Insurance Products
Investment & Fund Management Services
Digital Insurance Solutions

OFS Broker Details

IIFL Capital Services Ltd.
BNP Paribas Securities India Pvt.Ltd.
Goldman Sachs (India) Securities Pvt.Ltd.
Motilal Oswal Financial Services Ltd.

Company Contact Information

Life Insurance Corporation Of India
Yogakshema, Jeevan Bima Marg,
Nariman Point
Mumbai, 400021

022 6827 682
Investors@licindia.com
Visit Website

OFS FAQs

What is the opening and closing date of LIC OFS August 2026?

The LIC OFS August 2026 opens on August 4, 2026, and closes on August 5, 2026.

What is the issue size of LIC OFS August 2026?

The issue size of LIC OFS August 2026 company is issuing a total of 82,22,49,701 out of which Base issue size is 31,62,49,885 shares and Oversubscription Option is 50,59,99,816 shares.

Where can I get the Letter of Offer of LIC OFS August 2026?

The Letter of Offer for LIC OFS August 2026 can be download here. (Opening of Offer for Sale)

How to apply for LIC OFS August 2026?

The process to apply for LIC OFS August 2026:

1. Log in to your broker’s trading platform (web or mobile app).

2. Navigate to the OFS section (sometimes listed under IPO/OFS or corporate actions).

3. Select the OFS you want to apply for.

4. Enter the Number of shares you wish to buy.

5. The price you’re willing to pay per share (must be equal to or higher than the floor price or cut-off price).

Note:

Look for details about the OFS you want to participate in. This includes:

Name of the company offering shares.
Floor and Clearing Price (the minimum price set for bidding).
Offer period (dates and times when the OFS is open).

How to Check Allotment of LIC OFS August 2026?

Allotment Timeline:

T Day (Transaction Day):
Investors place bids during the OFS bidding window, which typically operates during market hours (9:15 AM to 3:30 PM IST). T+1 Day (Next Working Day):

The company or the selling shareholder, along with the stock exchange, finalizes the allocation based on bids. Shares are credited to the Demat account of successful bidders. For unsuccessful bids or partial allotment, the unutilized funds are unblocked or refunded. T+2 Day (Rare Cases):

If the process involves additional reconciliation or if there’s a delay, shares may be credited by T+2 working days.

Note:

Retail and Non-Retail Investors:
The first day of the OFS is typically reserved for non-retail investors, while retail investors participate on the second day. If you bid as a retail investor, the shares are allotted after the second day.