General Insurance Corporation Of India
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₹14,592(16 Shares)
Minimum Investment
IPO Dates
Oct 11, 2017 – Oct 13, 2017
Price Band
₹855–912 per equity share
Lot Size
16
Listing
Oct 25, 2017
Listing At
NSE, BSE
Oct 11, 2017Open DateCompleted
Oct 13, 2017Close DateCompleted
TBAAllotment DateUpcoming
Oct 25, 2017Listing DateCompleted
General Insurance Corporation Of India Live Subscription Details
All IPOsAll Live IPOsQIB2.25x
Employee0.84x
Retail0.61x
NIIs
0.21xOverall Subscription
Total Bids Received
1.37x
General Insurance Corporation Of India IPO Issue Details
- Issue Price
- Rs 855 - Rs 912 (Rs 45 discount to RII and Eligible Employee) Per Equity Share
- Face Value
- ₹Rs 5 Per Equity Share
- Listing At
- NSE, BSE
- Listing Date
- Oct 25, 2017
Company Information
Valuations
RoNW
16.09%
Objectives of the Issue
- 1Offer for SaleCorporation will not receive any proceeds from the Offer for Sale.
- 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
The General Insurance Corporation Of India IPO price band is set at ₹855.00 to ₹912.00 per equity share.
The lot size for General Insurance Corporation Of India IPO is 16 shares per lot. The minimum investment amount is approximately ₹14,592.
The General Insurance Corporation Of India IPO opens on Oct 11, 2017 and closes on Oct 13, 2017.
General Insurance Corporation Of India IPO is expected to be listed on Oct 25, 2017 on NSE, BSE.
