General Insurance IPO Sale Open

General Insurance Company (GIC) has opened IPO issuance and sale to the public from September 27. The company has opened 3 million IPOs worth Rs 300 million at a face value of Rs 100.  Out of the total shares issued by the company, 120,000 shares have been allotted to the employees of the organization and 150,000 shares to the mutual funds.  The general public will be able to apply for the remaining 2.7 million shares.  Applications for the company’s IPO can be submitted till September 30.  Investors will be able…

Read More