Gic re upcoming ipo

Stocks
1

General Insurance Company Limited

Issue Dates – 11 October to 13 October

Price Band - ₹855 to ₹912

Retail Discount and Employee Discount - ₹45

Bid Lot – 16 shares

»» Issue Size: 124,700,000 Equity Shares of Rs 5 aggregating up to Rs [.] Cr
› Fresh Issue of 17,200,000 Equity Shares of Rs 5 aggregating up to Rs [.] Cr
› Offer for Sale of 107,500,000 Equity Shares of Rs 5 aggregating up to Rs [.] Cr
»» Face Value: Rs 5 Per Equity Share

2

This will be an interesting listing considering the plain vanilla insurance companies had tepid listing.

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