Be prepared for the

upcoming LIC IPO

Open a free* Sharekhan account and get

Limited Period Offer^

1 No AMC for 3 years – save ₹1200/-

2 Enjoy brokerage-free trading for 60 days
Sign up for a
free* Sharekhan account.

By clicking 'submit', you agree to our Terms and Conditions.

Benefits of Free* Sharekhan Demat A/C

At Sharekhan - Apply for IPOs via UPI within minutes!
  • ZERO account-opening charges with Sharekhan*
  • FREE research coverage across all segments
    • Coverage of 180+ stocks with 200+ actionable ideas per year
    • 30+ technical trading calls per month
  • 1 year FREE access to TradeTiger, our desktop trading platform
    • Get advanced scanning, charting and order placements and in-built LIVE Research feed
  • FREE access to Sharekhan Classroom
    • 23 Learning modules for beginners, investors and traders
  • Guidance from experienced Relationship Managers
  • Customizable trading and investing pricing plans
  • FREE access to our dedicated Futures & Options (F&O) team
Apply for IPO via UPI Now!

About Life Insurance Corporation of India (LIC)

Life Insurance Corporation of India was created on 1st September, 1956, with the objective of spreading life insurance much more widely and in particular to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost.

As of August 2020, LIC has 8 Zonal Offices, 113 Divisional Offices, 74 Customer Zones, 2048 Branch Offices, 1526 Satellite Offices, 3354 Life Plus Offices and 31556 Premium Points. It has over one lakh employees, 12.08 Lakh agents and 28.92 crore plus policies In-force.

The Market Share garnered by LIC comes to 81.04% in number of Policies for the month of March 2021 and 74.58% for the year. For First Year Premium, the Market share is 64.74% for March and 66.18% for the whole year.
Benefits of LIC Policyholders Benefits of LIC Policyholders

Benefits for LIC policyholders in

A new category has been introduced for the LIC IPO called "Policyholder", this category will have reservations on a competitive basis to customers who hold policies of LIC. To be eligible for making an application under the policyholder’s category, you must have;
  • Your PAN has to be updated in the LIC records.
  • The PAN used for LIC policies has to be the same as that registered with your Sharekhan account.

How to check if your PAN is already linked with your LIC Policy for
LIC policyholders?

To check whether your PAN is already linked to your LIC policy:
  • Visit this page to check PAN availability status in LIC Policy
  • Enter your Policy number, Date of Birth, PAN, and captcha in the respective fields and click submit to see your LIC policy and PAN link status.
If your LIC policy is not linked with your PAN, you can follow the below steps to link your PAN with your LIC policy.
Link PAN with LIC Policy Link PAN with LIC Policy

How to link PAN with LIC policy?

To update your PAN number in LIC records and link your PAN with your LIC policy:
  • Visit Link PAN To Your LIC Policies
  • Keep your PAN card details, along with the list of policies you hold, ready with you. Click on Proceed at the bottom of the page.
  • Enter your Date of Birth, as per PAN, Gender, Email ID, PAN, Full name as per PAN, Mobile number, Policy Number (In case you hold multiple policies, click on “Add Policy” to enter another policy number)
  • Check the declaration checkbox
  • Enter the captcha as shown in image.
  • Click on the “Get OTP” option.
  • Once you receive OTP on your registered mobile number, enter the OTP and click on “Submit”.

How do I apply for the LIC IPO via UPI with Sharekhan

Just follow these three simple steps.
Create your UPI ID. Already have one? Skip to step 2.
Create your UPI ID. Already have one? Skip to step 2.

Apply for the LIC IPO via the Sharekhan app or website.
Apply for the LIC IPO via the Sharekhan app or website.

Approve the request on your UPI app.
Approve the request on your UPI app.

Check out this video walkthrough to learn more.

Why apply for IPOs
with Sharekhan?

  • Easy UPI application for IPOs
  • 22 UPI apps supported
  • 54 banks supported for UPI payments
  • Expert analysis to help you decide which IPOs to apply for
  • Regular updates of IPOs to watch out for
  • IPO returns calculator to check on past IPO performance

Get the Sharekhan advantage

2.5 Million+
Customers all over India
10.28 Lakhs
Trades Done Daily
1,83,400 Cr+
Customer Assets
Sharekhan Ltd. completed 22 years on 8th Feb 2022, All other Sharekhan figures are as of March 31st 2022. Such representations are not indicative of future result
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  • Research backed by experts
  • Trusted technology
  • Experienced relationship managers
  • Wide range of services
  • Complete market hour service
  • Customized pricing
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Terms & Conditions
*Account opening charges are NIL. All other charges will apply as per agreed tariff rates
^Terms & Conditions of Limited Period Offer
  1. The offer is open only for a limited period at the sole discretion of the company and applicable only to a new account opened between 2nd May 2022 and 9th May 2022.
  2. The company will not be liable for any claim or for any notional loss or profit if for any operational reason whatsoever or due to any deficiency in the documents, the client’s account could not be opened.
  3. The offer is applicable only for trades executed in the first 60 days from the date of account opening.
  4. The offer is eligible only once per individual.
  5. This offer cannot be clubbed with other offers from the company.
  6. The customer shall be deemed to be accepting the terms and conditions as applicable.
  7. The company can revoke this offer by giving prior notice.
  8. Sharekhan shall be directly and wholly liable in case of any dispute w.r.t. this scheme. Any disputes/grievances will not be covered under Investor Protection or Grievance Redressal measures of the Exchange in this regard.
  9. 3 years Free DP AMC will be counted from the year the new account is opened.
Registered Office: Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai – 400042, Maharashtra.
Sharekhan Ltd - SEBI Regn. No.: BSE / NSE / MSEI / MCX: INZ000171337
BSE 748 – CASH/FAO/CD I NSE 10733 – CASH/FAO/CD I MSEI 1043 – CASH/FAO/CD I MCX 56125 – Commodities
Depository services through: NSDL / CDSL - IN-DP-365-2018;
PMS: INP000005786; Mutual Fund: ARN 20669; Research Analyst: INH000006183;
For any complaints email at igc@sharekhan.com
Wealthtiger Investment Advisors Private Limited - SEBI Registered Investment Advisor - INA000011325
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. Please refer the Risk Disclosure Document issued by SEBI and go through the Rights and Obligations and Do's and Dont's issued by Stock Exchanges and Depositories before trading on the Stock Exchanges. For commodities derivatives please note that Commodities Derivatives are highly leveraged instruments. PMS is not offered in Commodity Derivative Segment by Sharekhan Limited. Before investing in the asset class consider your investment objectives, level of experience and risk appetite carefully.
Opening of account will not guarantee allotment of shares in IPO. Investors are requested to do their own due diligence before investing in any IPO.
Mutual funds disclaimer: Mutual Fund investment are subject to market risk. Read all the scheme related documents carefully before investing. For more details click here
For Portfolio Management Services - The value of the portfolio investments may be affected generally by factors affecting financial markets, such as price and volume, volatility in interest rates, currency exchange rates, changes in regulatory and administrative policies of the Government or any other appropriate authority (including tax laws) or other political and economic developments. Consequently, there can be no assurance that the objective of the Portfolio would achieve. The value of the portfolios may fluctuate and can go up or down. The inability of the Portfolio Manager to make intended securities purchases due to settlement problems could cause the portfolio to miss certain investment opportunities. No claims may be made or entertained for any variances between the performance depictions and individual portfolio performance. Neither the Portfolio Manager nor Sharekhan, its Directors, Employees or Sponsors shall be in any way liable for any variations noticed in the returns of individual portfolios. The Client shall not make any claim against the Portfolio Manager against any losses (notional or real) or against any loss of opportunity for gain under various PMS Products. There is no assurance or guarantee that the objectives of the portfolio will be achieved. Please note that past performance of the financial products, instruments and the portfolio does not necessarily indicate the future prospects and performance thereof. Portfolio Manager's investment decisions may not be always profitable, as actual market movements may be at variance with anticipated trends. The investors are not being offered any guaranteed or assured returns. The services are not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject the Sharekhan and affiliates to any registration or licensing requirement within such jurisdiction.