Monday, 28 September 2026Updated 12m ago
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IPO▲ Bullish for LIC

Damani, Premji, LIC among big winners from NSE listing

1 source · first seen 07:33 25 Sept · updated 07:33 25 Sept

The brief

Written from 1 report · check the source before you trade
  • NSE’s market debut benefited investors including Damani, Premji and LIC
  • NSE’s listing gains benefit LIC and other investors holding its shares

Market read

the session the news first traded, and since
StockTradedThat dayvs NiftyVolumeSince
LICIFri, 25 Sept+0.8%+0.4%1.6×+0.8% · Nifty +0.3%

○ Classifier read this as positive; LICI barely moved against the Nifty on the day it traded.

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Part of a developing story41 updates over 5 days

NSE IPO debut, valuation and self-listing plans

NSE’s ₹22,569 crore IPO was subscribed nearly six times, and its shares opened at ₹1,800 before rising to ₹1,845. The exchange has said it is open to self-listing if SEBI permits; analysts have flagged its valuation of ₹4.4 trillion, or 43 times earnings.

Read the reports

1 report · earliest 07:33
Economic TimesDamani, Premji, LIC among big winners from NSE listing07:33