General Insurance Corporation Of India

General Insurance Corporation Of India IPO

NSE, BSEClosed
Oct 11, 2017Open Date
Oct 13, 2017Close Date
TBAAllotment Date
Oct 25, 2017Listing Date

Subscription Details

View Subscription Details
QIB2.25x
Employee0.84x
Retail0.61x
NIIs (Non-Institutional Investors)Main Category
0.21x

Overall Subscription

Total Bids Received

1.37x

Updated: 10 Jul, 06:10 pm

General Insurance Corporation Of India IPO Issue Details

Issue PriceRs 855 - Rs 912 (Rs 45 discount to RII and Eligible Employee) Per Equity Share
Face Value₹Rs 5 Per Equity Share
Listing AtNSE, BSE
Listing DateOct 25, 2017

Company Information

Valuations

RoNW

16.09%

Objectives of the Issue

  1. 1Offer for SaleCorporation will not receive any proceeds from the Offer for Sale.
  2. 2Fresh Issue(i) Augmenting the capital base of the Corporation to support the growth of their business and to maintain current solvency levels(ii) General corporate purposes.

Contact Details

Frequently Asked Questions — General Insurance Corporation Of India IPO

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