Trading has started in the shares of the insurance company Life Insurance Corporation (LIC). However, LIC has disappointed investors on the listing. The company’s shares were listed on the BSE at Rs 867, while the issue price was Rs 949. In this sense, the stock got listed in the market by increasing by Rs 82 from its issue price.

The investors have incurred a loss of 9 percent on the listing. However, policyholders got this share at a discount of Rs 60 and employees Rs 45. That is, the loss on their listing has been reduced.

At present, the question arises that what strategy should be made in LIC’s stock after its listing in the market. Investors are thinking, should they sell ​​the stock or wait for some time.

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Talking about subscriptions, LIC’s IPO got a decent response from investors. This issue was filled 2.95 times i.e. about 295 percent. The reserve portion received a good response for employees and policyholders. The reserve quota for employees was filled about 4.40 times, while the reserve quota for policyholders received 6.11 times the bids. The share of Qualified Institutional Buyers (QIB) was 2.83 times, Non-institutional investors (NII) was 2.91 times and the reserve quota for retail investors was filled at 1.99 times.

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