LIC shares list at a discount

Over 5.15 crore LIC shares were traded on Tuesday as against the free float of 16.24 crore shares, excluding shares allotted to anchor investors. Retail investors were allotted shares at ₹904 apiece, a discount of ₹45, or 4.7%, on the issue price. Policyholders were given the shares at ₹889, a discount of ₹60, or 6.3%, on the issue price.

via Economictimes