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General Insurance Corporation of India Ltd.
Issue Open Date 11-Oct-17  
Issue Closing Date 13-Oct-17  
Application Money 100  
Allotment Money  
Price Band 855 - 912  
Minimium Application No. 16  
Issue Size (Shares) 124700000  
Market Lot 1  
OBJECTS OF THE OFFERThe Offer comprises of the Fresh Issue and the Offer for Sale.The Allotment of Equity Shares to Eligible Employees under the Employees Reservation Portion would not result in an increase,directly or indirectly, in the shareholding of our Promoter.Offer for SaleOur Corporation will not receive any proceeds from the Offer for Sale.Fresh IssueOur Corporation proposes to utilize the Net Proceeds from the Fresh Issue towards:(i) augmenting the capital base of our Corporation to support the growth of our business and to maintain current solvencylevels; and(ii) General corporate purposes, subject to applicable law.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   18683371   4108336   0.21989265213435  
Qualified Institutional Buyers   62277900   140024464   2.24838127168707  
Retail Individual Investors   62277900   140024464   2.24838127168707  
Business Description

OverviewWe are the largest reinsurance company in India in terms of gross premiums accepted in Fiscal 2017, and we accounted forapproximately 60% of the premiums ceded by Indian insurers to reinsurers during Fiscal 2017, according to CRISIL Research.We are als
Promoter's Holding
Total Share Capital    
Offered to Public    
Promoter's Holding (Pre-Issue)    
Promoter's Holding(Post-Issue)    
J Tata Road
Mumbai ,
Maharashtra ,
Phone : +91-22-22867000
Email : info@gicofindia.com
Website : www.gicofindia.in
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