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General Insurance Corporation OFS June 2026 OFS Detail

Offer For Sale | ₹3,087.74 Cr. | Listing at BSE, NSE

General Insurance Corp.Of India is an Offer for sale of equity shares by The President of India through the stock exchange mechanism.

The OFS is conducted at a floor price of ₹352 per share and cut-off price of ₹[.] per share, with a face value of ₹5 per share, for an aggregate of 8.77 crore equity shares, representing an overall issue size of of and an oversubscription of 5.26 crore equity shares.

Of the total shares offered, 0.35 crore equity shares are reserved for retail investor, with the balance of 3.16 crore equity shares allocated to non-retail investors.

The non-retail portion opens on Jun 15, 2026, followed by the retail portion on Jun 16, 2026. The OFS is conducted through NSE and BSE.

The OFS follows a price priority allocation methodology. Retail investors are eligible for allocation at the cut-off price, while non-retail investors bid above the floor price, in accordance with exchange guidelines.

Investors are advised to refer to the OFS notice Opening of OFS and exchange circulars for detailed information, including bidding process, allocation methodology, and settlement timelines.

IPO Stock Quote & Charts

Company Financials (Restated Standalone)

Period Ended	31 Mar 2025	31 Mar 2024
Assets	1,87,615.74	1,78,285.82
Total Income	9,008.25	7,986.65
Profit After Tax	6,701.36	6,497.30
NET Worth	43,106.52	37,581.78
Reserves and Surplus	43,927.32	37,804.63

About General Insurance Corp.Of India

The General Insurance Corporation of India (GIC Re) is the apex public sector reinsurance company in India and one of the largest reinsurers in Asia. Headquartered in Mumbai, it provides reinsurance solutions to direct insurance companies for property, marine, aviation, energy, agriculture, liability, and health, and is majority-owned by the Government of India.

Incorporated on November 22, 1972, under the Companies Act, GIC was originally created by the government as a holding company to nationalise and consolidate the fragmented Indian insurance market. It initially oversaw four public sector subsidiaries:

National Insurance Company Limited
New India Assurance Company Limited
Oriental Insurance Company Limited
United India Insurance Company Limited

Following the liberalisation of the Indian insurance sector in 2000, these four subsidiaries were delinked from GIC Re, allowing the Corporation to exclusively focus on the reinsurance business

OFS Broker Details

IDBI Capital Markets & Securities Ltd.
SBICAP Securities Ltd.
BOB Capital Markets Ltd.
Equirius Securities Pvt.Ltd.

Company Contact Information

General Insurance Corp.Of India
170, J Tata Road
Churchgate
Mumbai, 400020

+912222867000
Visit Website

OFS FAQs

What is the opening and closing date of General Insurance Corporation OFS June 2026?

The General Insurance Corporation OFS June 2026 opens on June 15, 2026, and closes on June 16, 2026.

What is the issue size of General Insurance Corporation OFS June 2026?

The issue size of General Insurance Corporation OFS June 2026 company is issuing a total of 8,77,20,000 out of which Base issue size is 3,50,88,000 shares and Oversubscription Option is 5,26,32,000 shares.

Where can I get the Letter of Offer of General Insurance Corporation OFS June 2026?

The Letter of Offer for General Insurance Corporation OFS June 2026 can be download here. (Opening of Offer for Sale)

How to apply for General Insurance Corporation OFS June 2026?

The process to apply for General Insurance Corporation OFS June 2026:

1. Log in to your broker’s trading platform (web or mobile app).

2. Navigate to the OFS section (sometimes listed under IPO/OFS or corporate actions).

3. Select the OFS you want to apply for.

4. Enter the Number of shares you wish to buy.

5. The price you’re willing to pay per share (must be equal to or higher than the floor price or cut-off price).

Note:

Look for details about the OFS you want to participate in. This includes:

Name of the company offering shares.
Floor and Clearing Price (the minimum price set for bidding).
Offer period (dates and times when the OFS is open).

How to Check Allotment of General Insurance Corporation OFS June 2026?

Allotment Timeline:

T Day (Transaction Day):
Investors place bids during the OFS bidding window, which typically operates during market hours (9:15 AM to 3:30 PM IST). T+1 Day (Next Working Day):

The company or the selling shareholder, along with the stock exchange, finalizes the allocation based on bids. Shares are credited to the Demat account of successful bidders. For unsuccessful bids or partial allotment, the unutilized funds are unblocked or refunded. T+2 Day (Rare Cases):

If the process involves additional reconciliation or if there’s a delay, shares may be credited by T+2 working days.

Note:

Retail and Non-Retail Investors:
The first day of the OFS is typically reserved for non-retail investors, while retail investors participate on the second day. If you bid as a retail investor, the shares are allotted after the second day.