LIC Share Price: Investors investing in LIC IPO are weeping in tears of blood on daily basis because of the dent of their investments. Because LIC’s inventory has fallen greater than 25 p.c beneath its IPO worth by Rs 240. On the final buying and selling day of the week, LIC’s inventory closed at Rs 709, down 1.66 p.c. But LIC buyers could must see worse days. Because after June 13, the inventory of LIC could fall additional.

Will LIC’s inventory fall additional after June 13?
Actually, the lock in interval goes to finish for the anchor buyers who’ve invested in LIC’s IPO. Anchor buyers who’re sitting on enormous losses after investing in LIC’s IPO. Such anchor buyers can promote LIC shares. Due to which there is usually a large fall within the inventory of LIC.

25% beneath IPO worth
After itemizing, LIC’s inventory has fallen by 25 p.c within the final 19 buying and selling classes. LIC had mounted the difficulty worth of its IPO at Rs 949. The inventory closed at Rs 709.80 on Friday. That is, Rs 240 beneath its problem worth.

Rs 1.52 lakh crore loss to buyers
The main setback of the autumn in LIC’s inventory has come to these buyers who had invested within the IPO, particularly the retail investor. LIC’s market cap has come all the way down to Rs 4.48 lakh crore. Whereas based on the IPO worth, the market capitalization of LIC was estimated at Rs 6 lakh crore. That is, buyers at the moment are incurring a lack of Rs 1.52 lakh crore.

Why LIC’s inventory continues to fall
In truth, the market has many issues concerning the monetary efficiency of LIC. Especially the outcomes of the fourth quarter of 2021-22 didn’t come based on the market estimates. For the quarter, revenue was down 17 per cent to Rs 2410 crore. Whereas within the fourth quarter of 2020-21, LIC’s revenue was Rs 2920 crore.

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