General Insurance Corporation’s OFS sees strong demand with 108% subscription on Day 1
The offer for sale (OFS) of General Insurance Corp saw strong demand as the non-retail portion of the issue was oversubscribed by 108%. According to the BSE data, the company received bids for 5.81 crore shares as against 5.35 crore shares on offer. Under the OFS, the government has decided to exercise the greenshoe option … Read more
