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General Insurance Corp.of India IPO
₹874.30
−4.13% on listing
Listing-day close · NSE · 25 Oct 2017 · issue price ₹912
General Insurance Corp.of India’s ₹11,257 crore IPO was priced at ₹912 a share. It listed on the NSE on 25 Oct 2017 and closed its first day at ₹874.30, down 4.13% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹11,257 Cr
- Fresh issue
- ₹1,553 Cr
- Offer for sale
- ₹9,704 Cr
- Lot size
- 16 shares
- Minimum investment
- ₹14,592
- Face value
- ₹5
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.34× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹80,001 Cr
- Promoter holding
- 100.00% → 85.78%
From the offer documents.
Listing
- Listing date
- 25 Oct 2017
- Issue price
- ₹912
- Open
- ₹850.00
- High
- ₹899.00
- Low
- ₹780.00
- Close
- ₹874.30
Listing day on the NSE. The close was −4.13% on the issue price.
GICRE share price todayFAQs
When did the General Insurance Corp.of India IPO open and close?
It opened on 11 Oct 2017 and closed on 13 Oct 2017.
What was the General Insurance Corp.of India IPO price?
The price band was ₹855–912 a share. The final issue price was ₹912.
What is the lot size and minimum investment?
One lot is 16 shares, ₹14,592 at ₹912 a share. Retail investors apply in whole lots.
How much did General Insurance Corp.of India raise?
₹11,257 crore: ₹1,553 crore of new shares and ₹9,704 crore offered by existing shareholders.
How many times was the General Insurance Corp.of India IPO subscribed?
1.34 times overall.
How did General Insurance Corp.of India list?
It listed on the NSE on 25 Oct 2017 at ₹850.00 and closed the day at ₹874.30, down 4.13% on the ₹912 issue price.
Who is the registrar of the General Insurance Corp.of India IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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