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General Insurance Corporation India OFS

Retail (Individual Investors) • Floor ₹352.00 • Offer size 35.09L shares

Live · GICRE · LTP
₹354.30 — Live updating

Cut-off

₹352.00

+0.0% vs floor

Subscription

0.01x

0.01 Cr Shares Bid

Floor

₹352.00

Offered

87.72L

0.35 + 0.53 GS

Status

Open

Live Bid Book

Updated 12:40 PM IST

Price Total Cut-off
Cut-off 97,565 —
₹352.20 48,905 PASS
₹352.25 13,110 PASS
₹352.30 11,920 PASS
₹352.35 11,209 PASS
₹352.40 9,625 PASS
₹352.50 9,025 PASS
₹352.60 6,761 PASS
₹352.70 6,057 PASS
₹353.00 5,777 PASS
₹353.20 2,420 PASS
₹353.25 2,320 PASS
₹353.50 2,215 PASS
₹353.75 1,896 PASS
₹354.00 1,796 PASS
₹355.00 726 PASS
₹355.50 525 PASS
₹357.00 425 PASS
₹358.00 355 PASS
₹360.00 155 PASS
₹364.00 55 PASS
Showing 21 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 retail (individual) investors, offered by Government of India, with bidding on 17 June 2026 at a floor price of ₹352.00 per share on BSE / NSE. The base offer size is 35.09L shares, with a green-shoe option of 52.63L shares taking the total on offer to 87.72L shares. The latest subscription stands at 0.01x, 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 35.09L shares, and with the green shoe the seller can sell up to 87.72L 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.

Cut-off Bidding Guide for Retail Investors

VERY LIKELY FULL Cut-off bid allotment outlook · 0.03x subscribed

Subscription is below 1x. Cut-off bids will almost certainly be fully allotted at the floor price.

If you bid 1,000 shares right now

Tick CUT-OFF

~1,000 (full)

Priority allotment · pay final cutoff

Type the cutoff price

~1,000 (full)

Full while undersubscribed

Estimates from live demand; final allotment is fixed after the OFS closes.

How to place a Cut-off bid

  1. 1 Open the OFS section in your broker (Zerodha, Upstox, Angel One, etc.)
  2. 2 Search GICRE and select the Retail tranche
  3. 3 Tick the "Cut-off price" checkbox instead of typing a price
  4. 4 Enter your quantity. Funds are blocked at the upper band; excess is refunded after cutoff
  5. 5 Submit before 3:30 PM on the retail bidding day

Educational guidance only — not investment advice. Allotment rules follow SEBI's OFS framework and the exchange's allocation method for this issue.

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 Retail (Individual Investors)
Floor Price ₹352.00 per share
Retail Discount Not Applicable
Base Offer Size 35.09L (3,508,800) shares
Green Shoe Size 52.63L (5,263,200) shares
Total Offered (Base + GS) 87.72L (8,772,000) shares
Total Bids Received 97,565 (97,565) shares
Subscription (Base) 0.03x
Subscription (incl. Green Shoe) 0.01x
Base Cut-off Price ₹352.00
Green Shoe Cut-off Price ₹352.00
Last Traded Price ₹354.30
Open Date Wednesday, 17 June 2026
Close Date Wednesday, 17 June 2026
Seller Government of India
Exchange BSE / NSE
Settlement T+1 (next trading day)

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

  1. 1Log in to your trading or demat account (Zerodha, Upstox, Angel One, etc.)
  2. 2Navigate to the OFS section under IPO / Primary Markets
  3. 3Search for GICRE and select the Retail OFS tranche
  4. 4Bid at floor price ₹352.00
  5. 5Ensure funds are available. Bid will be blocked until allotment
  6. 6Allotment on T+1. Shares credited to your demat account
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.