The two-day offer for sale (OFS) of General Insurance Corp of India was fully subscribed on Thursday – the final day of the issue. The base issue was lapped up but there was no demand for the shares set aside under the green shoe option with the retail investor portion remaining under-subscribed. While the non-retail…
The Centre is preparing to launch an Offer for Sale (OFS) for 59.5 million shares in General Insurance Corp (GIC), a reinsurance company. The OFS will trim the government’s stake in GIC by up to 6.78%, reducing its current holding from 85.78% to 79%. The issuance will come with an additional green shoe option for…
June 11, 2024June 11, 2024 Bajaj Housing Finance plans to raise Rs 7,000 crore through its upcoming public issue. The public issue, amounting to Rs 7,000 crore, includes a fresh issue of equity shares of up to Rs 4,000 crore and an offer for sale (OFS) of up to…