LIC OFS Opens for Retail: Get 5% Discount?
The government is selling its LIC shares through an OFS. Institutional investors already subscribed 3.32 times over. Retail investors get to bid on Day 2 — often at a 5% discount to the floor price set by Day 1.
Buying LIC shares via OFS can cost less than a month of your Netflix + Swiggy bills combined.
Retail investors can still bid for LIC shares at a discount tomorrow
Key Takeaways
Check your broker app (Zerodha, Groww, Upstox, etc.) today for the LIC OFS floor price and retail bidding window timings.
Ensure your demat account has sufficient buying power or funds blocked via UPI/ASBA before placing a retail bid.
Compare the OFS floor price against LIC's current market price to decide if the retail discount makes it a worthwhile entry point for your portfolio.
The government is selling its LIC shares through an OFS. Institutional investors already subscribed 3.32 times over. Retail investors get to bid on Day 2 — often at a 5% discount to the floor price set by Day 1.
Here's what happened: The government launched an OFS of LIC shares; Day 1 saw institutional demand at 3.32 times the shares on offer.. Total bids on Day 1 crossed 10 crore shares, with a large portion confirmed and the rest pending settlement.. Day 2 opens the bidding window exclusively for retail investors, who traditionally receive a price discount on OFS deals..
What you should do: Check your broker app (Zerodha, Groww, Upstox, etc.) today for the LIC OFS floor price and retail bidding window timings.. Ensure your demat account has sufficient buying power or funds blocked via UPI/ASBA before placing a retail bid.. Compare the OFS floor price against LIC's current market price to decide if the retail discount makes it a worthwhile entry point for your portfolio..
Retail bids in an OFS are non-competitive — you don't need to guess a price. Bid at the cut-off price and you automatically get shares at whatever the final clearing price is, plus your discount.
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- [1]“LIC OFS Day 1: Subscribed 3.32X, Sans Greenshoe Option; Retail Bidding Opens Tomorrow” NDTV Profit - Latest · 4 Aug 2026
This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.