General Insurance Corporation of India shares are in focus as the government's offer for sale opens for retail investors. The floor price is set at Rs 352 per share. The government aims to divest up to 5% stake, totaling over Rs 3,087 crore. The offer for sale saw strong demand from institutional investors on the first day.

The Indian government plans to sell a 5% stake in General Insurance Corporation through an OFS starting June 16.

The Indian government plans to sell a 5% stake in General Insurance Corporation through an OFS starting June 16.

The Indian government is set to divest up to a 5% stake in General Insurance Corporation. This offer for sale begins for non-retail investors on June 16 and for retail investors…

The government will sell up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale (OFS) at a floor price of Rs 352 per share, with the issue…