Via a press release dated 16th December 2022, the Government of India has announced the details of the third tranche of the Sovereign Gold Bonds for the Financial Year 2022-23 i.e. the issue dates and issue price details for the December 2022 tranche for the Financial Year 2022-23.
SGB (Sovereign Gold Bonds) December 2022 Dates
What dates will the Sovereign Gold Bonds be available for application in December 2022?
The Sovereign Gold Bond Scheme 2022-23 – Series 03 (2022 December SGB series) will be open for subscription from December 19, 2022 (Monday) to December 23, 2022 (Friday). The details information on the Issue Details are as follows:
Issue Details of SGB December 2022 i.e. 2022-23 Series III Tranche
Issue Name
Sovereign Gold Bonds Scheme 2022-23 – Series 3 (Series III)
Security Symbol
SGB222303
ISIN
INxxxxxxxx
Issue Period
December 19, 2022 to December 23, 2022
Issue Price (per gram of gold)
Online Mode: ₹ 5,359 per gram | Offline Mode: ₹ 5,409 per gram
Minimum Quantity (in grams)
1 gram
Maximum Quantity (in grams)
For Individuals and HUF: 4000g (4kg). For Trusts, and similar entities: 20,000g (20kg)
Bid Quantity Multiples
You may apply in multiples of 01 gram, until the specified maximum quantities.
Rate of Interest
The Government of India has indicated that an interest of 2.50% per annum on the amount of initial investment will be paid to investor. The interest accrual shall commence from the date of issue, and is paid out every 6 months.
Date of Allotment
December 27, 2022 (Tuesday)
Date of Listing
TBC
Conclusion
Hopefully, this article helps you with all the details needed to make your investment decision.
Hello there. You may have chanced upon this article in case you may have wanted to know about the special trading day called “Diwali Muhurat Trading” day, and/or had one of the following doubts viz.
What is Muhurat Trading?
What is the origin story for this special day of trading, which is not seen in any other country’s stock exchanges
What date/time can I carry out Muhurat trading this year.
This article hopefully will answer your question. So, let’s begin…
What is Diwali Muhurat Trading?
Diwali Muhurat Trading is a special day during the festival of Diwali, when the Indian stock exchanges (viz. the NSE, and the BSE) have a special one (01) hour symbolic trading session, in the evening (during the non-working hours).
On this day, it is generally considered auspicious to buy stocks, as a tribute to the Hindu Goddess Lakshmi.
What date is Diwali Muhurat Trading this year?
This year, the trading session will be on 12th November 2023 (TBC).
Start of Muhurat trading Session: TBC
End of Muhurat trading session: TBC
However, do note that there is no trading during the usual 0915-1530 hours on the day of the Muhurat trading.
History of the practice
There is no documented history of the origin of the Muhurat Trading. But, the speculation is that this may have started eons ago, when the traders, and brokers (who were mainly Marwari, and Gujarati) would make symbolic purchases of the companies they wished to hold for a long time. Also, word-of-mouth accounts indicate that Diwali was considered auspicious to start new trading accounts for prospective clients as well. Hence, this could also be the origin story. However, no documented records indicate the actual story.
Conclusion:
Hopefully, this article answers any of the questions that you (the reader) may have had about this unique practice of Muhurat trading. If interested, feel free to check out the other wiki articles, or how-to guides on our website.
Thank you, and all the best in your investment journey!
With the announcements dated 08th December 2022, stock market holidays list for 2023 have been announced by both the BSE, as well as the NSE. The list includes the trading holidays, for now. The settlement holidays list will be shared by the exchanges at a later date. The list also includes the public holidays that fall on Saturdays and Sundays. However, these have not been included in the below list, since all weekend days (Saturdays, and Sundays) are, in any case, shut for trading.
How many days will the Stock Exchanges be closed in 2023?
There are a total of 15 (fifteen) trading holidays in 2023, when the stock exchanges will be shut for equity markets trading.
List of Stock Market Holidays for 2023
Sr. No
Date
Holiday Name
01
January 26, 2023 (Thursday)
Republic Day
02
March 07, 2023 (Tuesday)
Holi
03
March 30, 2023 (Thursday)
Ram Navami
04
April 04, 2023 (Tuesday)
Mahavir Jayanti
05
April 07, 2023 (Friday)
Good Friday
06
April 14, 2023 (Friday)
Dr. Babasaheb Ambedkar Jayanti
07
May 01, 2023 (Monday)
Maharashtra Day
08
June 28, 2023 (Wednesday)
Bakri Id
09
August 15, 2023 (Tuesday)
Independence Day
10
September 19, 2023 (Tuesday)
Ganesh Chaturthi
11
October 02, 2023 (Monday)
Mahatma Gandhi Jayanti
12
October 24, 2023 (Tuesday)
Dussehra
13
November 14, 2023 (Tuesday)
Diwali- Balipratipada
14
November 27, 2023 (Monday)
Gurunanak Jayanti
15
December 25, 2023 (Monday)
Christmas
Trading Holidays in
January 2023
Republic Day on January 26, 2023 (Thursday)
February 2023
No trading holidays in February 2023
March 2023
Holi on March 07, 2023 (Tuesday)
Ram Navami on March 30, 2023 (Thursday)
April 2023
Mahavir Jayanti on April 04, 2023 (Tuesday)
Good Friday on April 07, 2023 (Friday)
Dr. Babasaheb Ambedkar Jayanti on April 14, 2023 (Friday)
May 2023
Maharashtra Day on May 01, 2023 (Monday)
June 2023
Bakri Id on June 28, 2023 (Wednesday)
July 2023
No trading holidays in July 2023
August 2023
Independence Day on August 15, 2023 (Tuesday)
September 2023
Ganesh Chaturthi on September 19, 2023 (Tuesday)
October 2023
Mahatma Gandhi Jayanti on October 02, 2023 (Monday)
Dussehra on October 24, 2023 (Tuesday)
November 2023
Diwali- Balipratipada on November 14, 2023 (Tuesday)
Gurunanak Jayanti on November 27, 2023 (Monday)
December 2023
Christmas on December 25, 2023 (Monday)
Muhurat Trading Day 2022
In 2023, Muhurat trading for Samvat 2080 will be held on November 12, 2023 (Sunday). For further updates, refer to this detailed article on Muhurat Trading.
Via a press release dated 19th August 2022, the Government of India has announced the details of the second tranche of the Sovereign Gold Bonds for the Financial Year 2022-23 i.e. the issue dates and issue price details for the August 2022 tranche for the Financial Year 2022-23.
SGB (Sovereign Gold Bonds) August 2022 Dates
What dates will the Sovereign Gold Bonds be available for application in August 2022?
The Sovereign Gold Bond Scheme 2022-23 – Series 02 (2022 August SGB series) will be open for subscription from August 22, 2022 (Monday) to August 26, 2022 (Friday). The details information on the Issue Details are as follows:
Issue Details of SGB August 2022 i.e. 2022-23 Series II Tranche
Issue Name
Sovereign Gold Bonds Scheme 2022-23 – Series 2 (Series II)
Security Symbol
SGB222302
ISIN
INxxxxxxxx
Issue Period
August 22, 2022 to August 26, 2022
Issue Price (per gram of gold)
Online Mode: ₹ 5,147 per gram | Offline Mode: ₹ 5,197 per gram
Minimum Quantity (in grams)
1 gram
Maximum Quantity (in grams)
For Individuals and HUF: 4000g (4kg). For Trusts, and similar entities: 20,000g (20kg)
Bid Quantity Multiples
You may apply in multiples of 01 gram, until the specified maximum quantities.
Rate of Interest
The Government of India has indicated that an interest of 2.50% per annum on the amount of initial investment will be paid to investor. The interest accrual shall commence from the date of issue, and is paid out every 6 months.
Date of Allotment
August 30, 2022 (Friday)
Date of Listing
TBC
Conclusion
Hopefully, this article helps you with all the details needed to make your investment decision.
Finally, after a long period, the Sovereign Gold Bonds are back. Via a press release dated 16th June 2022, the Government of India has announced the commencement dates for the SGB dates for the Financial Year 2022-23.
SGB (Sovereign Gold Bonds) June 2022 Dates
What dates will the Sovereign Gold Bonds be available for application in June 2022?
The Sovereign Gold Bond Scheme 2022-23 – Series 01 (2022 June SGB series) will be open for subscription from June 20, 2022 (Monday) to June 24, 2022 (Friday). The details information on the Issue Details are as follows:
Issue Details of SGB March 2022 2022-23 Series I Tranche
Issue Name
Sovereign Gold Bonds Scheme 2022-23 – Series 1 (Series I)
Security Symbol
SGB222301
ISIN
INxxxxxxxx
Issue Period
June 20, 2022 to June 24, 2022
Issue Price (per gram of gold)
Online Mode: ₹ 5,041 per gram | Offline Mode: ₹ 5,091 per gram
Minimum Quantity (in grams)
1 gram
Maximum Quantity (in grams)
For Individuals and HUF: 4000g (4kg). For Trusts, and similar entities: 20,000g (20kg)
Bid Quantity Multiples
You may apply in multiples of 01 gram, until the specified maximum quantities.
Rate of Interest
The Government of India has indicated that an interest of 2.50% per annum on the amount of initial investment will be paid to investor. The interest accrual shall commence from the date of issue, and is paid out every 6 months.
Date of Allotment
June 28, 2022 (Friday)
Date of Listing
TBC
Conclusion:
Hopefully, this article helps you with all the details needed to make your investment decision.
So, the big day arrives. The Life Insurance Corporation (LIC) is arriving at the bourses, and the LIC IPO opens today.
So here’s everything you need to know about the Initial Public Offering (IPO) of the Life Insurance Corporation (LIC).
FAQs of LIC IPO answered
When can you apply for the LIC IPO?
You can apply for the IPO of Life Insurance Corporation from Wednesday, 05th May 2022, until Monday, 09th May 2022 (both dates inclusive). However, we suggest that in case you wish to apply for the IPO, you apply before noon on 09th May 2022, even though the cut-off timings on the last day is around 3:30pm. However, we do note that the brokers do face glitches, issues after 2pm. So, place in your IPO applications in time before the cut-off timings on the last day.
When is the allotment of LIC finalised, and when can I check my allotment status?
The price band for Qualified Institutional Buyers (QIB), and Non-Institutional Investors(NII) is ₹ 902/- to ₹ 949/- per share.
What is the price band for retail investors when applying for LIC IPO?
The retail investors get a discount of ₹ 45/- per share. So, the effective price band for Retail Individual Investors(RII) is ₹ 857/- to ₹ 904/- per share.
What is the price band for employees of Life Insurance Corporation?
Like the retail investors, the employees of Life Insurance Corporation also get a discount of ₹ 45/- per share. So, the effective price band in the Employee quota is ₹ 857/- to ₹ 904/- per share
What is the price band for policy holders of Life Insurance Corporation?
The discount for the policy holder quota, while applying for the LIC IPO is ₹ 60/- per share. So the effective price band for the Policy Holder quota is ₹ 842/- to ₹ 889/- per share. Please note that ONLY the existing policy holders of Life Insurance Corporation, who have linked their LIC policy to their PAN card on or before February 28, 2022 are eligible to apply for the IPO through the policy holder’s quota.
When will the shares of LIC be credited to my demat account?
The shares of LIC (if you receive the IPO allotment) will be credited to your linked demat account around Monday, 16th May 2022. However, there are instances where the allotment is delayed, and the shares are credited only in the morning the next day. So, be guided accordingly.
When is the LIC listing date?
The shares of the Life Insurance Corporation (LIC) will start trading on Tuesday, 17th May 2022. You can start buying and selling LIC shares starting this date.
Can an eligible LIC policy holder apply through the policy holder quota, as well as the retail quota?
YES. Eligible LIC policy holders can apply for the IPO, through both the quotas, viz. the policy holder quota, as well as the retail quota, as per the respective limits.
Can an eligible LIC policy holder apply through the policy holder quota, as well as the NII quota?
YES. Eligible LIC policy holders can apply for the IPO, through both the quotas, viz. the policy holder quota, as well as the NII quota.
Can an eligible LIC policy holder-cum-employees apply through the employee quota, policy holder quota, as well as the retail quota?
YES. LIC employees, who are also eligible LIC policy holders can apply for the IPO, through all three quotas, viz. the employee quota, policy holder quota, as well as the NII/Retail quota, as per the respective quota limits.
Conclusion
Hopefully, this article has answered the majority of the questions you may have had about the Frequently Asked Questions (FAQs) about the Life Insurance Corporation IPO. We will continue to update the article, as and when new updates come through. All the best in your investing journey.
The Sovereign Gold Bond Scheme 2021-22 – Series 10 will be open for subscription from February 28, 2022 to March 04, 2022. The details information on the Issue Details are as follows:
Issue Details of SGB 2021-22 Series X Tranche
Issue Name
Sovereign Gold Bonds Scheme 2021-22 – Series 10 (Series X)
Security Symbol
SGB212210
ISIN
INxxxxxxxx
Issue Period
February 28, 2022 to March 04, 2022
Issue Price (per gram of gold)
Online Mode: ₹ 5,059 per gram | Offline Mode: ₹ 5,109 per gram
Minimum Quantity (in grams)
1 gram
Maximum Quantity (in grams)
For Individuals and HUF: 4000g (4kg). For Trusts, and similar entities: 20,000g (20kg)
Bid Quantity Multiples
You may apply in multiples of 01 gram, until the specified maximum quantities.
Rate of Interest
The Government of India has indicated that an interest of 2.50% per annum on the amount of initial investment will be paid to investor. The interest accrual shall commence from the date of issue, and is paid out every 6 months.
The Sovereign Gold Bond Scheme 2021-22 – Series 09 will be open for subscription from January 10, 2022 to January 14, 2022. The details information on the Issue Details are as follows:
Issue Details of SGB 2021-22 Series IX Tranche
Issue Name
Sovereign Gold Bonds Scheme 2021-22 – Series 09 (Series IX)
Security Symbol
SGB212209
ISIN
IN0020210236
Issue Period
January 10, 2022 to January 14, 2022
Issue Price (per gram of gold)
Online Mode: ₹ 4,736 per gram | Offline Mode: ₹ 4,786 per gram
Minimum Quantity (in grams)
1 gram
Maximum Quantity (in grams)
For Individuals and HUF: 4000g (4kg). For Trusts, and similar entities: 20,000g (20kg)
Bid Quantity Multiples
You may apply in multiples of 01 gram, until the specified maximum quantities.
Rate of Interest
The Government of India has indicated that an interest of 2.50% per annum on the amount of initial investment will be paid to investor. The interest accrual shall commence from the date of issue, and is paid out every 6 months.
