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Products & Services    >   IPO   >   Synopsis Details
General Insurance Corporation of India
Registered Office:    Suraksha 170 J Tata Road ,   Churchgate ,   Mumbai - 400020 ,   Maharashtra , India.  
Phone: 91-22-22867000   Fax:91-22-22884010
Initial public offer of 124,700,000 equity shares of Rs.5 each ("Equity Shares") of General Corporation of India ("Corporation") for cash at a price of Rs. (*) per equity share aggregating to Rs. (*) Crores ("Offer") comprising a fresh issue of 17,200,000 equity shares aggregating to Rs. (*) Crores by the Corporation ("Fresh Issue") and an offer for sale of 107,500,000 Equity shares by the promoters (the "Selling Shareholder") aggregating to Rs.(*) Crores ("Offer for Sale"). The offer would constitute 14.22% of the post-offer paid-up equity share capital. Price Band: Rs.855 to Rs.912 per equity shares of face value of Rs.5 each. Retail discount and Employee discount: Rs.45 per equity share on Offer Price The floor price is 171 times tha face value and the cap price is 182.40 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
11-Oct-17 13-Oct-17 Rs 855.00-912.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 16   Further Multiples of : 16
General Insurance Corporation of India
  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Axis Capital Ltd
Citigroup Global Markets India Pvt Ltd
Deutsche Equities India Pvt Ltd
HSBC Securities & Capital Markets (India) Pvt Ltd
Kotak Mahindra Capital Company Ltd
Project Financed through Current Offer 10661.85  
Post Issue Equity Share Capital 0.00  
Issue Price Rs. 855.00  
No Data Found.
Promoted By
President of India
Listing At
Registrar to the Issue
Karvy Computershare Pvt Ltd
SEBI REGISTRATION NO:NSE CM INB 230696230       NSE F&O:INF 230696230      BSE CM:INB 010696236          MCX MEMBERSHIP ID:12535 MAPIN NO:10014845        CDSL : IN-DP-CDSL-291-2005
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