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 government's offer for sale (OFS) in General Insurance Corporation of India (GIC) is now open for retail investors. The government plans to divest up to 5% stake, targeting over Rs 3,087 crore at a floor price of Rs 352 per share. Institutional investors showed strong demand…
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