Sovereign Gold Bond (SGB) August 2022 [2022-23 Series II]

SGB August 2022 | Sovereign Gold Bonds | 2022-23 Series 02 | 2022-23 Series II | SGB222302

Introduction

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 NameSovereign Gold Bonds Scheme 2022-23 – Series 2 (Series II)
Security SymbolSGB222302
ISININxxxxxxxx
Issue PeriodAugust 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 MultiplesYou may apply in multiples of 01 gram, until the specified maximum quantities. 
Rate of InterestThe 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 AllotmentAugust 30, 2022 (Friday)
Date of ListingTBC

Conclusion

Hopefully, this article helps you with all the details needed to make your investment decision.

Additionally, feel free to check out the 2022 SGB (Sovereign Gold Bonds) Calendar for the details of the other tranches already issued, or planned for 2022.

All the best in your investment journey!

Sources

Sovereign Gold Bond (SGB) June 2022 [2022-23 Series I]

SGB March 2022 | Sovereign Gold Bonds | 2022-23 Series 01 | SGB222301

Introduction to SGB June 2022 Tranche Details

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 NameSovereign Gold Bonds Scheme 2022-23 – Series 1 (Series I)
Security SymbolSGB222301
ISININxxxxxxxx
Issue PeriodJune 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 MultiplesYou may apply in multiples of 01 gram, until the specified maximum quantities. 
Rate of InterestThe 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 AllotmentJune 28, 2022 (Friday)
Date of ListingTBC

Conclusion:

Hopefully, this article helps you with all the details needed to make your investment decision.

Additionally, feel free to check out the 2022 SGB (Sovereign Gold Bonds) Calendar for the details of the other tranches already issued, or planned for 2022.

All the best in your investment journey!

Sources:

LIC IPO FAQs Answered

Life Insurance Corporation (LIC) IPO FAQs answered

Introduction

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 finalisation will be done by Thursday, 12th May 2022, and the allotment status can be checked on kfintech’s portal starting 12th May 2022

What is the price band for the IPO?

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.

Sovereign Gold Bond 2021-22 Series X

Introduction to SGB March 2022 Tranche Details

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 NameSovereign Gold Bonds Scheme 2021-22 – Series 10 (Series X)
Security SymbolSGB212210
ISININxxxxxxxx
Issue PeriodFebruary 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 MultiplesYou may apply in multiples of 01 gram, until the specified maximum quantities. 
Rate of InterestThe 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 AllotmentMarch 08, 2022 (Friday)
Date of ListingTBC

Sources:

Sovereign Gold Bond 2021-22 Series IX

SGB Sovereign Gold Bonds- January 2022 Tranche

Introduction to SGB January 2022 Tranche Details

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 NameSovereign Gold Bonds Scheme 2021-22 – Series 09 (Series IX)
Security SymbolSGB212209
ISININ0020210236
Issue PeriodJanuary 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 MultiplesYou may apply in multiples of 01 gram, until the specified maximum quantities. 
Rate of InterestThe 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 AllotmentJanuary 18, 2022 (Friday)
Date of ListingJanuary 25, 2022 (Friday)

Sovereign Gold Bonds (SGB) Calendar 2022

Information Guide on Sovereign Gold Bonds 2022 | SGB 2022 | Basic Information on the various questions on Sovereign Gold Bonds | SGB FAQs

Introduction

The Government of India (GoI)-introduced Sovereign Gold Bonds (SGB) has been announced for the year 2022. The list of SGB announcements for 2022 will be made periodically by the government, and this article will be updated accordingly. Please feel free to browse around and check out the articles for the individual tranches, whenever they are announced.

SGB 2022 Calendar i.e. Sovereign Gold Bonds (SGB) Application and Issuance Dates for 2022

Sr. NoSecurity SymbolApplication Starts OnApplication Ends OnSGB Issuance DateOffline Issue Price (₹ per gm)Online/Digital Issue Price (₹ per gm)Tranche
01SGB212208January 10, 2022January 14, 2022January 18, 2022₹ 4,786 per gram₹ 4,736 per gram2021-22 Series IX
02SGB212209February 28, 2022March 04, 2022March 08, 2022₹ 5,109 per gram₹ 5,059 per gram2021-22 Series X
03SGB222301June 20, 2022June 24, 2022June 28, 2022₹ 5,091 per gram₹ 5,041 per gram2022-23 Series I
04SGB222302August 22, 2022August 26, 2022August 30, 2022₹ 5,197 per gram₹ 5,147 per gram2022-23 Series II

Conclusion

So, feel free to bookmark the dates for the application dates and issuance dates of the Sovereign Gold Bonds for 2022. The detailed data on the SGB 2021 dates have previously dated, and webnotes.in will continue to update for 2022 as well.

Sources:

BSE, NSE, Stock Market Holiday List: 2022 Edition

Stock Market Holiday List 2022, BSE Holidays, NSE Holidays

Introduction

Welcome to the post that lists the number of trading holidays in 2022, wherein the stock markets, viz. both NSE (National Stock Exchange), and BSE (Bombay Stock Exchange) will be shut for trading equity (equity delivery, as well as equity futures and equity options).

In 2022, there are 13 (thirteen) designated trading holidays for Indian Stock Markets.

On these days, the stock markets (viz. NSE, and BSE) will not be open for trading.

Stock Markets Holidays in 2022

Stock Market HolidayHoliday NameStock Market Holiday Date
01Republic Day26th January 2022 (Wednesday)
02Mahashivratri01st March 2022 (Tuesday)
03Holi18th March 2022 (Friday)
04Mahavir Jayanti as well as Dr. Babasaheb Ambedkar Jayanti14th April 2022 (Thursday)
05Good Friday15th April 2022 (Friday)
06Id-Ul-Fitr (Ramzan Id)03rd May 2022 (Tuesday)
07Muharram09th August 2022 (Tuesday)
08Indian Independence Day15th August 2022 (Monday)
09Ganesh Chaturthi31st August 2022 (Wednesday)
10Dussehra05th October 2022 (Wednesday)
11Diwali (Laxmi Puja)* Only Muharat Trading.24th October 2022 (Monday)
12Diwali Balipratipada26th October 2022 (Wednesday)
13Guru Nanak Jayanti08th November 2022 (Tuesday)

So evaluating the month-on-month trend for stock market holidays in 2022,

there is 1 (one) in January 2022, 0 (zero) in February 2022, 2 (two) in March 2022, 2 (two) in April 2022, 1 (one) in May 2022, 0 (zero) in June and July 2022, 3 (three) in August 2022, 0 (zero) in September 2022, 3 (three) in October 2022, 1 (one) in November 2022, 0 (zero) in December 2022

webnotes.in

Muhurat Trading Day 2022

What is Muhurut trading ? What date is Muhurut Trading in 2022?

Muhurat trading is the auspicious stock market trading for an hour on Diwali (Deepawali). It is a symbolic and old ritual, that has been retained and observed for ages, by the trading community.  As Diwali also marks the beginning of the New Year, it is believed that muhurat trading on this day brings wealth and prosperity throughout the year.

In 2022, Muhurut trading for Samvat 2079 will be held on 24th October 2022.

References:

Conclusion

So, basis the 2022 stock market holidays list, please plan your trading setups, or delivery based stock purchases accordingly. Hope you found this article helpful. If yes, please consider sharing this with anyone, who you think will find this useful.

Wish you the best!

Sovereign Gold Bond 2021-22 Series VIII

Sovereign Gold Bond 2021-22 Series VIII

The Sovereign Gold Bond Scheme 2021-22 – Series 08 will be open for subscription from November 29, 2021 to December 03, 2021. The Issue Details are as follows:

Issue Details

Issue NameSovereign Gold Bonds Scheme 2021-22 – Series 08 (Series VIII)
Security SymbolSGB212208
ISINBSE: 800437 | NSE: SGBDEC29 | ISIN: IN0020210228
Issue PeriodNovember 29, 2021 to December 03, 2021
Issue Price (per gram of gold)Online Mode: ₹ 4,741 per gram | Offline Mode: ₹ 4,791 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 MultiplesYou may apply in multiples of 01 gram, until the specified maximum quantities. 
Rate of InterestThe 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 AllotmentDecember 07, 2021

Sovereign Gold Bond 2021-22 Series VII

Sovereign Gold Bond 2021-22 Series VII

The Sovereign Gold Bond Scheme 2021-22 – Series 07 will be open for subscription from October 25, 2021 to October 29, 2021. The Issue Details are as follows:

Issue Details

Issue NameSovereign Gold Bonds Scheme 2021-22 – Series 07 (Series VII)
Security SymbolSGB212207
ISINBSE: 800434 | NSE: SGBNV29VII | ISIN: IN0020210178
Issue PeriodOctober 25, 2021 to October 29, 2021
Issue Price (per gram of gold)Online Mode: ₹ 4,711 per gram | Offline Mode: ₹ 4,761 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 MultiplesYou may apply in multiples of 01 gram, until the specified maximum quantities. 
Rate of InterestThe 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 AllotmentNovember 02, 2021

Sovereign Gold Bond 2021-22 Series VI

Sovereign Gold Bond 2021-22 Series VI

The Sovereign Gold Bond Scheme 2021-22 – Series 06 will be open for subscription from August 30, 2021 to September 03, 2021. The Issue Details are as follows:

Issue Details

Issue NameSovereign Gold Bonds Scheme 2021-22 – Series 06 (Series VI)
Security SymbolSGB212206
ISINBSE: 800386 | NSE: SGBSEP29VI | ISIN: IN0020210145
Issue PeriodAugust 30, 2021 to September 03, 2021.
Issue Price (per gram of gold)Online Mode: ₹ 4,682 per gram | Offline Mode: ₹ 4,732 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 MultiplesYou may apply in multiples of 01 gram, until the specified maximum quantities. 
Rate of InterestThe 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 AllotmentSeptember 07, 2021