Institutional investors rush for GIC Re shares; issue subscribed nearly 4X on day 1
Published on: June 16, 2026, 6:58 p.m. | Source: The Tribune
DIPAM Secretary shared the development via X on Tuesday, adding 'Offer for Sale in General Insurance Corporation of India received an enthusiastic response from the investors on day one and was oversubscribed 3.72 times. Government has decided to exercise the entire green shoe option. Retail investors and employees get to bid on Wednesday 17th June 2026.'
