Shares of HDFC Standard Life Insurance Company scrip got listed at Rs 311 on BSE, a premium of 7.24% as against issue price of Rs 290.
The initial public offering (IPO) was subscribed 4.89 times.
The price band was fixed at Rs. 275-290 a share.
Earlier, the company alloted 8.07 crore equity shares to anchor investors at Rs. 290 per share aggregating to Rs. 2322 crore.