The Mumbai-based startup is now looking to refile the documents for its $440 million (Rs 3585 crore) IPO, as per the reports of Reuters.
LIC's total investment in Adani Group companies through both equity and debt stood at Rs35,917.31 crore, as of December 31, 2022.
The IT, FMCG, Pharma, Oil & Gas, Consumer Good stocks logged selling pressure.
According to the BSE website, 9,58,688 applications received against 4,55,06,791 shares offered for subscription.
The company will allot shares on February 3, 2023 and its fresh shares will be listed on BSE and NSE on February 8, 2023.
In Q3FY23, pending customer orders totaled approximately 3.63 lakh vehicles.
Both the companies will be going to list on BSE and NSE.
Bank Nifty is trading in the green with super gains post strong Q3 results from top banks.
On NSE, the Banking index surged nearly 290 points.