General Insurance IPO oversubscribed 1.37 times on last day
The category reserved for qualified institutional buyers (QIBs) was oversubscribed 2.25 times, non institutional investors 22 percent and retail investors 60 percent, merchant banking sources said.
General Insurance IPO oversubscribed
The reinsurance company has fixed the price band at Rs 855-912 for its IPO.
Oct 13, 2017, 14:34 PM IST
General Insurance IPO subscribed 90% on Day 2
The issue comprises fresh issue of 1,72,00,000 shares by the Corporation and an offer for sale of 10,75,00,000 shares by the promoter.
Oct 13, 2017, 00:04 AM IST
