LIC IPO Price- Finally Made Debut on BSE

The shares of insurance sector giant LIC debuted the stock exchanges on a weak note on Tuesday with 8.62% lower.

The LIC scrip opened at Rs 867.20 apiece on the BSE, down 8.62 per cent from the issue price of Rs 949.

LIC IPO Price- LIC Scrip Opened At

LIC IPO Price- NSE Performance

On the National Stock Exchange (NSE),  it opened 8.11 per cent lower at Rs 872.00 per share.

The Rs 21,000 crore blockbuster IPO of LIC had witnessed a good response from the investors getting subscribed 2.95 times 

LIC IPO Price- Company Gained Good Response

LIC IPO Price- Qualified Investors Share

The shares of LIC which were to be allocated for the qualified institutional buyers (QIBs) was subscribed 2.83 times.

While those of non institutional investors of LIC was subscribed 2.91 times and that of retail investores was subscribed 1.99 times.  

LIC IPO Price- Non-Institutional & Retail

LIC IPO Price- Policyholders Subscriptions

The policyholders portion of LIC was subscribed 6.12 times while the employees segment was subscribed 4.40 times.

All policyholders and retail investors of LIC got the shares at a price of Rs 889 and Rs 904 apiece, respectively.

LIC IPO Price- Discount Offered

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