The offer received bids for 216.59 crore shares as against 2.64 crore shares on offer.
LIC reduced its stake in 105 firms, whose average stock prices rose 2.39%
Religare is bullish on Aditya Birla Fashion and Retail with price target of Rs 288 per share.
So far in 2021, as many as 41 companies have floated their IPOs to raise Rs 66,915 crore