General Insurance Corporation Of India Ipo. Gic was established on 22nd november 1972 under the companies act, 1956 and was. India's third biggest initial public offering or ipo is opening today for subscription.
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General insurance corporation of india is the bellwether company in the insurance sector and the mutual funds and foreign institutions will likely to keep it.
General insurance corporation (gic) ltd is the largest reinsurance company in india. General insurance corporation of india (gic re) ipo grey market premium (gmp) is still now active, some sme ipo will also be active in market in coming week. General insurance corporation (gic) ltd is the largest reinsurance company in india. The company was ranked as the 12th largest global reinsurer in 2016 and the 3rd largest asian reinsurer in 2015.