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Non-Retail Closed

General Insurance Corporation India OFS

Non-Retail (Institutional & HNI) • Floor ₹352.00 • Offer size 3.16Cr shares

Live · GICRE · LTP
₹357.70 — Live updating

Cut-off

₹352.00

+0.0% vs floor

Subscription

0.65x

5.14 Cr Shares Bid

Floor

₹352.00

Offered

7.89Cr

3.16 + 4.74 GS

Status

Closed

Live Bid Book

Updated 10:14 AM IST

Price Total Cut-off
₹352.00 Cut-off ✓ 5,14,25,982 PASS
₹352.05 3,77,49,349 PASS
₹352.10 3,59,36,552 PASS
₹352.15 3,52,64,239 PASS
₹352.20 3,47,39,512 PASS
₹352.25 1,13,76,582 PASS
₹352.30 1,09,89,843 PASS
₹352.35 97,59,783 PASS
₹352.40 96,53,113 PASS
₹352.45 94,95,831 PASS
₹352.50 94,43,081 PASS
₹352.55 88,13,964 PASS
₹352.60 81,52,271 PASS
₹352.65 75,91,182 PASS
₹352.70 73,55,139 PASS
₹352.75 73,48,039 PASS
₹352.80 72,83,001 PASS
₹352.85 72,29,648 PASS
₹352.90 72,24,348 PASS
₹352.95 71,78,714 PASS
₹353.00 71,66,321 PASS
₹353.05 65,51,650 PASS
₹353.10 63,46,674 PASS
₹353.15 61,02,564 PASS
₹353.20 59,82,214 PASS
₹353.25 59,46,739 PASS
₹353.30 58,38,110 PASS
₹353.35 53,38,591 PASS
₹353.40 53,32,491 PASS
₹353.45 53,26,291 PASS
₹353.50 53,10,116 PASS
₹353.55 48,51,526 PASS
₹353.60 46,33,341 PASS
₹353.65 40,31,659 PASS
₹353.70 39,27,259 PASS
₹353.75 39,05,788 PASS
₹353.90 37,24,536 PASS
₹353.95 37,08,696 PASS
₹354.00 37,07,796 PASS
₹354.05 34,45,778 PASS
₹354.10 34,23,752 PASS
₹354.15 34,05,070 PASS
₹354.20 29,37,669 PASS
₹354.25 29,00,167 PASS
₹354.30 28,33,591 PASS
₹354.35 25,21,591 PASS
₹354.50 24,99,740 PASS
₹354.55 21,95,865 PASS
₹354.60 21,70,865 PASS
₹354.70 21,70,265 PASS
₹354.75 18,70,265 PASS
₹354.80 18,68,265 PASS
₹354.90 18,67,165 PASS
₹355.00 13,27,165 PASS
₹355.10 5,62,044 PASS
₹355.15 3,92,974 PASS
₹355.20 3,19,874 PASS
₹355.25 3,19,274 PASS
₹355.45 3,14,774 PASS
₹355.50 3,14,024 PASS
₹355.55 3,13,424 PASS
₹355.70 3,11,329 PASS
₹355.75 3,08,829 PASS
₹355.90 3,08,249 PASS
₹356.00 3,03,499 PASS
₹356.05 2,90,746 PASS
₹356.10 2,85,146 PASS
₹356.50 2,84,584 PASS
₹357.00 2,78,684 PASS
₹358.00 2,73,609 PASS
₹359.00 2,71,439 PASS
₹360.00 2,60,770 PASS
₹453.05 500 PASS
Showing 73 price levels

GICRE OFS — Overview

General Insurance Corporation India (GICRE) is conducting an Offer for Sale (OFS) for non-retail (institutional and HNI) investors, offered by Government of India, with bidding on 16 June 2026 at a floor price of ₹352.00 per share on BSE / NSE. The base offer size is 3.16Cr shares, with a green-shoe option of 4.74Cr shares taking the total on offer to 7.89Cr shares. The final subscription stands at 0.65x, with a cut-off price of ₹352.00. This OFS has now closed; allotment follows SEBI's OFS framework and the exchange's allocation method for this issue.

How to read the bid book

PASS — bid ≥ cut-off, will be filled FAIL — bid below cut-off, unlikely to fill ~% at cut-off — est. pro-rata at the cut-off price (above = 100%) Cut-off — lowest price where the offer is fully subscribed

What is the Green Shoe option?

The Green Shoe (over-allotment) option lets the seller offer extra shares beyond the base size when demand is strong. Here the base offer is 3.16Cr shares, and with the green shoe the seller can sell up to 7.89Cr shares in total. The subscription and cut-off shown here are measured against the full base + green-shoe size — the figure that actually governs allotment.

General Insurance Corporation India OFS – Issue Details

Company General Insurance Corporation India
NSE / BSE Symbol GICRE / 540755
Offer Type Offer for Sale (OFS)
Investor Category Non-Retail (Institutional & HNI)
Floor Price ₹352.00 per share
Retail Discount Not Applicable
Base Offer Size 3.16Cr (31,579,200) shares
Green Shoe Size 4.74Cr (47,368,800) shares
Total Offered (Base + GS) 7.89Cr (78,948,000) shares
Total Bids Received 5.14Cr (51,425,982) shares
Subscription (Base) 1.63x
Subscription (incl. Green Shoe) 0.65x
Base Cut-off Price ₹352.20
Green Shoe Cut-off Price ₹352.00
Last Traded Price ₹357.70
Open Date Tuesday, 16 June 2026
Close Date Tuesday, 16 June 2026
Seller Government of India
Exchange BSE / NSE
Settlement T+1 (next trading day)

How to Apply for General Insurance Corporation India OFS (Non-Retail)

  1. 1Access the OFS platform through your institutional broker or trading terminal
  2. 2Search for GICRE in the OFS / Secondary Market Offers section
  3. 3Place bid at or above floor price ₹352.00. Higher bids get priority
  4. 4Multiple bids at different prices are allowed
  5. 5Allotment on T+1. Unallotted funds released immediately
Disclaimer: Live OFS bid data is sourced from NSE and BSE and stored in our database every ~3 minutes during market hours. It is provided for informational purposes only. IPO Guru does not provide investment advice. Always refer to official exchange platforms for authoritative data. Consult a SEBI-registered financial advisor before making investment decisions.