ICICI Lombard General Insurance ends 3% higher against issue price

ICICI Lombard listed at Rs 650, a 2% below against its initial public offer price of Rs 661 per share on the BSE

ICICI Lombard General Insurance Company pared losses to gain as much as 4% after getting listed at Rs 650, 2% lower that its initial public offer (IPO) price of Rs 661 per share on the BSE. The stock listed at Rs 651 on the National Stock Exchange (NSE). Post listing, the stock hit a high of Rs 694 and a low of Rs 638 on BSE so far.

It settled 3.1% higher at Rs 681 against its issue price on BSE and NSE. A combined 6.44 million shares changed hands on the counter on both the exchanges. 

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