General Insurance Corporation India OFS
Retail (Individual Investors) • Floor ₹352.00 • Offer size 35.09L shares
Subscription
0.03x
Floor
₹352.00
Total Bids
2.96L
Status
Closed
Cut-off
₹352.00
+0.0% vs floor
Subscription
0.03x
0.03 Cr Shares Bid
Floor
₹352.00
Offered
87.72L
0.35 + 0.53 GS
Status
Closed
Floor Price
₹352.00
Minimum bid · OFS
Subscription
0.03x
On total offered (incl. green shoe)
Cut-off Price
Lowest price covering the full offer
₹352.00
Demand Depth
Cumulative bids at or above each priceLive Bid Book
Updated 11:24 AM IST
| Price | Total | Cut-off |
|---|---|---|
| Cut-off | 2,95,652 | — |
| ₹352.20 | 1,61,430 | PASS |
| ₹352.25 | 21,675 | PASS |
| ₹352.30 | 17,071 | PASS |
| ₹352.35 | 14,799 | PASS |
| ₹352.40 | 12,970 | PASS |
| ₹352.50 | 10,781 | PASS |
| ₹352.55 | 8,207 | PASS |
| ₹352.60 | 7,657 | PASS |
| ₹352.80 | 7,097 | PASS |
| ₹352.85 | 6,532 | PASS |
| ₹353.00 | 6,512 | PASS |
| ₹353.05 | 2,696 | PASS |
| ₹353.15 | 2,129 | PASS |
| ₹353.35 | 2,029 | PASS |
| ₹353.50 | 1,529 | PASS |
| ₹354.00 | 1,329 | PASS |
| ₹354.05 | 674 | PASS |
| ₹355.00 | 374 | PASS |
| ₹356.40 | 355 | PASS |
| ₹360.00 | 255 | PASS |
| ₹362.00 | 155 | PASS |
| ₹364.00 | 55 | PASS |
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 final subscription stands at 0.03x, 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
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
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 Open the OFS section in your broker (Zerodha, Upstox, Angel One, etc.)
- 2 Search GICRE and select the Retail tranche
- 3 Tick the "Cut-off price" checkbox instead of typing a price
- 4 Enter your quantity. Funds are blocked at the upper band; excess is refunded after cutoff
- 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
How to Apply for General Insurance Corporation India OFS (Retail)
- 1Log in to your trading or demat account (Zerodha, Upstox, Angel One, etc.)
- 2Navigate to the OFS section under IPO / Primary Markets
- 3Search for GICRE and select the Retail OFS tranche
- 4Bid at floor price ₹352.00
- 5Ensure funds are available. Bid will be blocked until allotment
- 6Allotment on T+1. Shares credited to your demat account
