The Street was expecting the stock to list at a discount after a tepid response to its IPO - the third-largest issue of 2021. Investors subscribed to 79% of the issue. Following a tepid response to its IPO, the insurer had cut its offer for sale size to ₹4,000 crore from ₹5,249 crore earlier. The IPO was priced between ₹870 and ₹900 per share.from Stocks-Markets-Economic Times
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