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GIC Re IPO News
GIC Re IPO
General Insurance Corp's Rs 11,000 crore IPO gets oversubscribe by 1.36 times on Day 3; QIBs bid most
Fri, Oct 13, 2017
Issue consists of an offer for sale (OFS) of 10.75 crore equity shares worth Rs 9,804 crore at higher price band and a fresh issue of 1.72 crore equity shares worth Rs 1,569 crore.
Rs 11,000-crore worth General Insurance Corporation IPO gets 3/4th subscription on day one
Wed, Oct 11, 2017
Among the top five companies selected by the Finance Minister Arun Jaitley, in January 2017 for listing the national reinsurer General Insurance Company would be the first one to launch its initial public offering.
Govt looks to raise up to Rs 11,370 crore from state-run reinsurer GIC Re's IPO
Wed, Oct 04, 2017
State-run reinsurer General Insurance Corp of India`s (GIC Re) initial public offering of shares next week seeks to raise as much 113.7 billion rupees ($1.7 billion) in what will be India`s second-biggest IPO.
3 insurers file IPO papers in 3 weeks; may fetch Rs 20,000 crore
Sun, Aug 20, 2017
Amid persisting bullish market sentiments, despite intermittent volatility, around two dozen companies have filed preliminary papers for Initial Public Offers (IPOs) with regulator Sebi so far this year.
GIC Re files DRHP for public listing with Sebi
Tue, Aug 08, 2017
It forms part of the government's plans to list four state-owned non-life insurers and the national reinsurer. New India Assurance has already started the process for its forthcoming IPO, whereas National Insurance Company has hinted that it will come up with its IPO by the fiscal-end.