CLOSE X
General Insurance Corporation of India
Issue Open Date 11-Oct-17  
Issue Closing Date 13-Oct-17  
Application Money 100  
Allotment Money  
Price Band () 855 - 912  
Minimum Bid Quantity. 16  
Issue Size (Shares) 124700000  
Market Lot 1  
Objective

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.

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 also an international reinsurer that underwrote business from 161 countries as at June 30, 2017. According to CRISILResearch, we ranked as t...

Promoter's Holding
Total Share Capital    
Offered to Public    
Promoter's Holding (Pre-Issue)    
Promoter's Holding (Post-Issue)    
Address
Address :Suraksha
170
J Tata Road
Churchgate
City :Mumbai, State :Maharashtra Pincode :400020 Phone :022 22867000 Email : investors.gic@gicre.in Website : www.gicre.in
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
105-108
Arunachal Building
19
Barakhamba Road
New Delhi
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
Citigroup Global Markets India Pvt Ltd.
Deutsche Equities India Pvt Ltd
HSBC Securities & Capital Markets (India) Pvt Ltd
Kotak Mahindra Capital Co Ltd
Promoters
The President Of India
BNK Securities Pvt. Ltd

CIN No.:U67120WB1995PTC071182 (ISO 90001:2015 & ISO 27001:2013 Certified Company)

Registered Office: Mayfair Tower, 2,Palm Avenue,Kolkata-700 019

Tel:+91-33-4602-2160/61/62/63 Email:contact@bnkcapital.com

BNK Securities Pvt Ltd. MEMBERS OF NSE, BSE AND MSEI SEBI Registration no: INZ000220037

SEBI Registration No: MB / INM000011641 (Category I Merchant Banker), Research Analyst. Reg no INH300003520

DEPOSITORY PARTICIPANT SEBI Registration No-In-DP-673-2022, CDSL DP ID - 12060500.

AMFI certified Mutual Fund Distributor Registration No: ARN–86507

For any grievances, investors can contact at: grievance@bnkstockline.com, Tel:+91-33-4602-2160/61/62/63

 ©  Copyrights 2022, BNK Capital Group All Rights Reserved

Designed & Developed - Accord Fintech Pvt. Ltd.