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.
Govt seeks to raise up to $1.7 billion from state-run reinsurer GIC Re's IPO
GIC Re set a price range of Rs 855-912 a share for its IPO that will run from Oct 11-13, according to a public notice on Wednesday.
Oct 04, 2017, 09:40 AM IST