The shares of the country's largest insurance company LIC have finally debuted in the stock market today, May 17.

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LIC shares have been listed on both BSE and NSE indices on Tuesday.

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The company's shares are listed on BSE at a discount of Rs 81.80 i.e. 8.62% at Rs 867.20 per share.

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At the same time, LIC shares were listed at a discount of Rs 77 on NSE.

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The company's shares were listed at Rs 872, down 8.11% on the NSE.

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LIC's IPO closed on 9 May and its shares were allotted to the bidders on 12 May.

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The government has offered more than 22.13 crore shares i.e. 3.5 percent stake in LIC through IPO.

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For this, the price range was kept at Rs 902-949 per share.

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