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

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

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.

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

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

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

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

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