ICICI Lombard General Insurance Company debuted at Rs 650.00 on the BSE, down by 11 points or 1.66% from its issue price of Rs 661.
The scrip is currently trading at Rs 662.75, up by 1.75 points or 0.26% from its issue price. It has touched a high and low of Rs 664.40 and Rs 638.15 respectively. So far 22,31,000 shares were traded on the counter.
The issue, which was open for subscription between September 15, 2017 and September 19, 2017, was subscribed 3 times. The issue price was fixed at Rs 661 per share i.e. at upper end of price band of Rs 651-661 apiece.
The company offers its customers a comprehensive and well-diversified range of products, including motor, health, crop/weather, fire, personal accident, marine, engineering and liability insurance, through multiple distribution channels.
