Life Insurance coverage Company of India has debuted at Rs 867.20 on the BSE, down by 81.8 factors or 8.62% from its concern value of Rs 949.
The scrip is at present buying and selling at Rs 902.95, down by 46.05 factors or 4.85% from its concern value. It has touched a excessive and low of Rs 904.00 and Rs 860.10 respectively. To date 7.60 lakh shares had been traded on the counter.
The providing, which was open for subscription between Might 04, 2022 and Might 09, 2022 was subscribed 2.95 occasions. The difficulty value was fastened at Rs 949 per share ie at higher finish of value band of Rs 902-949 apiece.
Life Insurance coverage Company, popularly referred to as LIC is Indian state-owned insurance coverage group and funding firm.