General Insurance Corporation IPO Latest News Today

General Insurance Corporation IPO Details

Issue Open Oct 11, 2017
Issue Close Oct 13, 2017
IPO Price ₹912
Face Value ₹5
IPO Size ₹11,175.84 Cr
Listing At BSE, NSE
IPO Lot Size 16
  1. All India LIC Employees Federations Kumar On Life Insurance Corp.s IPO

    Tue, 07 Sep 2021 06:30:00 GMT

    All India LIC Employees' Federation General Secretary Rajesh Kumar discusses why his union is opposed to state-owned Life Insurance Corp.'s IPO - in what’s set be the nation’s biggest listing. He was ...

  2. Indian law firms reluctant to advise on IPO of insurance giant LIC -sources

    Wed, 15 Sep 2021 10:54:00 GMT

    India’s plans to list state-run Life Insurance Corporation (LIC) face an unusual problem domestic law firms are shying away from advising the government, deterred by the low fees on offer at the time ...

  3. A general investor can apply for IPO shares worth Tk 10,000: BSEC

    Wed, 15 Sep 2021 09:22:00 GMT

    The Bangladesh Securities and Exchange Commission has set Tk 10,000 as the maximum and minimum amount of initial public offering application for each general investor.

  4. LIC IPO, Privatization Will Kill Jobs, Impact Social Work: LIC Employee Union

    Wed, 08 Sep 2021 01:21:00 GMT

    LIC Employee Union Who would have thought that a potential initial public offering may become a cause of huge destruction.Interestingly, the mega initial public offering of India’s biggest st ...

  5. Co-operative Insurance announces Rs. 435.2 m IPO on CSE offering 10% stake in firm

    Tue, 07 Sep 2021 11:30:00 GMT

    As one of Sri Lanka’s leading and fastest growing insurers, Co-operative Insurance Company has been in the forefront in serving the country’s underserved communities in rural, suburban and urban areas ...

  6. The Station: Gogoro scoots into a SPAC, a Rivian milestone and Tesla prepares to unleash FSD beta software

    Mon, 20 Sep 2021 07:25:00 GMT

    The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, ...

  7. LIC IPO could result in job losses, social spending, trade union warns

    Tue, 07 Sep 2021 00:30:00 GMT

    The sale, which is set to be the country's biggest, could value the company at as much as $261 billion, surpassing Reliance Industries Ltd.

  8. Indian Insurer IPO May Impact Jobs, Social Spending, Union Warns

    Tue, 07 Sep 2021 10:45:00 GMT

    LIC's IPO could impact the company’s social infrastructure spending plans, according to one of its largest trade unions.

  9. No plan for IPO as of now, says Bajaj Allianz Life CEO

    Mon, 13 Sep 2021 14:02:17 GMT

    The Pune-headquartered life insurer has been topping industry growth chart for long and has repeated it in the June 2021 quarter logging in 48 per cent growth in premium sales, thanks to "going digita ...

  10. IPO-Bound Paytm Appoints Vijay Shekhar Sharma’s Brother As Chief Business Officer

    Wed, 08 Sep 2021 07:00:00 GMT

    IPO-bound Paytm has promoted Ajay Shekhar Sharma — brother of its Founder and CEO Vijay Shekhar Sharma — as its chief business officer (CBO) ...

  11. LIC IPO could lead to job loss, impact social infra spending: Trade union

    Tue, 07 Sep 2021 00:34:58 GMT

    The trade union that represents 4,000 employees has written to Prime Minister Narendra Modi and members of the parliament as a protest against the listing ...

  12. LIC IPO may impact jobs, social spending, warns employee union

    Tue, 07 Sep 2021 11:52:00 GMT

    Prime Minister Narendra Modi’s government is looking to dilute as much as 10% stake in LIC as part of a broader divestment target to help plug a widening budget gap.

General Insurance Corporation IPO Alerts

1. General Insurance Corporation of India IPO - Listing  Tuesday, October 24, 2017 9:07:29 PM

General Insurance Corporation IPO Listing Date & Info

› Listing Date: Wednesday, October 25, 2017
› BSE Script Code: 540755
› NSE Symbol: GICRE
› Listing In: B Group of Securities
› ISIN: INE481Y01014
› Issue Price: Rs 912 Per Equity Share
› Face Value: Rs 5 Per Equity Share

2. General Insurance Corporation of India IPO - Close  Sunday, October 22, 2017 12:38:14 PM

General Insurance Corporation of India IPO to open on Oct 11, 2017 and close for subscription on Oct 13, 2017. The price band for the issue has been fixed at Rs 855 at lower level and Rs 912 at upper level. The equity shares of the company to be list at BSE and NSE.

3. General Insurance Corporation of India IPO - Open  Sunday, October 22, 2017 12:37:49 PM

General Insurance Corporation of India is entering in the capital market with an IPO comprises offer for sale of 124,700,000 shares aggregating up to Rs 11,372.64 crore. The price band for the issue has been fixed at Rs 855 at lower level and Rs 912 at upper level.

Incorporated in 1972, General Insurance Corporation of India is the largest reinsurance company in India in terms of gross premiums. They provides various general insurance products like property, energy, marine, engineering, miscellaneous, aviation-hull/spares-rotor wing, aviation-hull/spares-fixed wing, liability, aviation treaty–hull, spares and liability insurance products. They also offers cargo and offshore energy, motor, life, agriculture, space, health, credit and financial insurance.

The issue opens on Oct 11, 2017 and closes for subscription on Oct 13, 2017. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

General Insurance Corporation IPO News & Events FAQs

The General Insurance Corporation IPO is proposed to open on Oct 11, 2017. The IPO application ends on Oct 13, 2017.

Retail investors can apply in the retail or non-institutional investor category from Oct 11, 2017 to Oct 13, 2017. The General Insurance Corporation IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).

The General Insurance Corporation IPO will open for subscription on Oct 11, 2017. The public issue will close on Oct 13, 2017.