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General Insurance Corporation India OFS

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

Live · GICRE · LTP
₹361.70 — Live updating

Cut-off

₹352.00

+0.0% vs floor

Subscription

0.15x

1.20 Cr Shares Bid

Floor

₹352.00

Offered

7.89Cr

3.16 + 4.74 GS

Status

Open

Live Bid Book

Updated 12:56 PM IST

Price Total Cut-off
₹352.00 Cut-off ✓ 1,20,44,160 PASS
₹352.05 22,51,714 PASS
₹352.10 15,08,139 PASS
₹352.15 12,21,538 PASS
₹352.20 11,71,538 PASS
₹352.25 8,81,238 PASS
₹352.30 8,80,101 PASS
₹352.40 8,77,691 PASS
₹352.50 8,77,041 PASS
₹352.55 8,21,331 PASS
₹352.75 8,18,430 PASS
₹353.00 8,17,863 PASS
₹353.10 5,84,058 PASS
₹353.15 5,71,983 PASS
₹353.20 5,70,908 PASS
₹353.30 5,70,008 PASS
₹353.60 5,69,508 PASS
₹353.90 5,68,088 PASS
₹354.00 5,11,299 PASS
₹354.10 5,00,161 PASS
₹354.15 4,99,592 PASS
₹354.20 4,90,492 PASS
₹354.40 4,88,492 PASS
₹354.50 4,88,092 PASS
₹355.00 4,87,292 PASS
₹355.15 3,78,505 PASS
₹355.20 3,76,405 PASS
₹355.50 3,73,805 PASS
₹355.90 3,72,005 PASS
₹356.00 3,69,005 PASS
₹356.05 3,63,770 PASS
₹356.10 3,57,170 PASS
₹356.55 3,56,470 PASS
₹357.00 3,55,770 PASS
₹358.00 3,51,970 PASS
₹358.50 3,49,210 PASS
₹359.00 3,48,560 PASS
₹360.00 3,45,960 PASS
₹360.05 3,35,300 PASS
₹361.00 3,34,700 PASS
₹365.00 3,34,100 PASS
₹380.00 3,33,750 PASS
Showing 42 price levels Updates live in place — every 15s during 3:00–3:30 PM, else every 2 min

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 latest subscription stands at 0.15x, with a cut-off price of ₹352.00. Live bid data, cut-off price and subscription for GICRE are updated through the bidding session above.

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 1.20Cr (12,044,160) shares
Subscription (Base) 0.38x
Subscription (incl. Green Shoe) 0.15x
Base Cut-off Price ₹352.00
Green Shoe Cut-off Price ₹352.00
Last Traded Price ₹361.70
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.