Apr 3, 2022
LIC lists at discount to IPO price, closes 8% lower at Rs 875
MUMBAI: Life insurance behemoth LIC on Tuesday listed at Rs 867, an 8.6% discount to its offer price of Rs 949 and closed the maiden trading day on the bourses at Rs 875, down nearly 8% from its IPO price. At the close of the session, shareholders in LIC lost about Rs 46,500 crore with