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GIC Re stake sale oversubscribed 3.72 times, govt. to exercise green shoe option

The Centre’s decision to shed stake in General Insurance Corporation of India was oversubscribed 3.72 times on day one of the two-day offer for sale (OFS) on Tuesday.

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thehindubusinessline.com

economictimes.indiatimes.com

timesofindia.indiatimes.com

m.economictimes.com

thehindu.com

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thehindu.comStai leggendo1 mese fa

GIC Re stake sale oversubscribed 3.72 times, govt. to exercise green shoe option

The Centre’s decision to shed stake in General Insurance Corporation of India was oversubscribed 3.72 times on day one of the two-day offer for sale (OFS) on Tuesday.

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Timeline cronologica

lunedì 15 giugno 2026·thehindubusinessline.com
Govt to sell up to 5% stake in ‌General Insurance Corporation
The Indian government plans to sell a 5% stake in General Insurance Corporation through an OFS starting June 16.
lunedì 15 giugno 2026·thehindubusinessline.com
Government to sell up to 5% stake in ‌General Insurance Corporation
The Indian government plans to sell a 5% stake in General Insurance Corporation through an OFS starting June 16.

GIC Re stake sale oversubscribed 3.72 times, govt. to exercise green shoe option

Confronto fonti

GIC Re stake sale oversubscribed 3.72 times, govt. to exercise green shoe option

Timeline cronologica

Govt to sell up to 5% stake in ‌General Insurance Corporation

Government to sell up to 5% stake in ‌General Insurance Corporation

GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discount

Govt to sell up to 5% stake in GIC at Rs 352 per share; OFS opens June 16

Govt to sell up to 5% stake in insurer GIC via OFS

Government to sell up to 5% stake in ‌General Insurance Corporation

Govt to sell up to 5% stake in insurer GIC via OFS

Govt to sell up to 5% stake in GIC at Rs 352 per share; OFS opens June 16

GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discount

GIC Re shares tumble 6% as govt launches OFS to divest up to 5% stake

Government to sell upto 5% stake in General Insurance Corporation, OFS opens June 16

GIC Re stake sale oversubscribed 3.72 times, govt. to exercise green shoe option

Retail players can skip GIC Re's OFS: Analysts

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