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IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to knowIndian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% sta...
IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should knowIRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91. This move aims t...
GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Retail investors can now bid for a s...
Retail players can skip GIC Re's OFS: AnalystsRetail investors are advised to skip the government's offer for sale in General Insurance Corp of India. Analysts point to ongoing profitab...
GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discountThe government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today a...
Govt to sell up to 5% stake in insurer GIC via OFSThe Indian government is set to divest up to a 5% stake in General Insurance Corporation. This offer for sale begins for non-retail investo...
Swiggy’s Rs 10,000-crore QIP gets 4.5x subscription; most bids around Rs 375 per share, sources saySwiggy will issue fresh shares at around Rs 375 apiece for its Rs 10,000-crore qualified institutional placement (QIP), people with direct ...
GIC offer for sale fully subscribed on final dayThe two-day offer for sale of General Insurance Corp of India was fully subscribed on the final day. The base issue was taken up, but the g...
Patient investors could subscribe to GIC’s two-day OFSRetail investors can consider buying General Insurance Corporation shares in the ₹4,701-crore offer for sale on Thursday. Analysts suggest ...
Stocks in news: GIC Re, RIL, Vedanta, Sona BLW, PNB Housing Finance, Suzlon EnergyStocks in news: Equity markets paused after a 14-day winning streak, closing lower on Wednesday amid weak global trends. Key stocks in focu...
General Insurance stake sale: Govt likely to earn Rs 4,700 crore from 6.8% divestment in GIC ReThe government is set to sell a 6.8% stake in General Insurance Corporation of India (GIC Re) through an offer-for-sale, priced at Rs 395 p...
GIC Re shares tumble over 5% as government offloads stake via OFSGIC Share Price: Shares of General Insurance Corporation (Re) of India dropped by 5.4% to Rs 398.60 as the government began selling its 6.7...
Government to launch OFS for 6.78% stake in GIC, floor price set at Rs 395The Centre is set to launch an Offer for Sale (OFS) of 59.5 million shares in General Insurance Corp (GIC), reducing its stake from 85.78% ...
Govt to sell 6.78% stake in GIC Re via OFS, sets floor price at Rs 395/shareThe issue, estimated at Rs 4,701 crore, opens for non-retail investors on Wednesday and for retail investors on Thursday. Employees can sub...
Stocks in news: LIC, Vedanta, IRCTC, RITES, NALCO, Adani Energy Solutions, Timken, CMS Info SystemsIndia's largest life insurer Life Insurance Corporation of India on Monday reported a net profit of Rs 13,782 crore for the quarter ended M...
DLF to raise Rs 3,200 crore via QIP; issue subscribed two timesAccording to market sources, the DLF's QIP offer has been over-subscribed by two times at a price of around Rs 183-184 apiece.
DLF's Rs 3,000 crore QIP may lighten its debt loadIts current debt stood at Rs 7,224 crore till December 2018.
GIC in talks to buy 50 per cent in Provenance LandGIC is set to enter into a binding agreement with Provenance Land over the next few days. Deal valuations and exact quantum will be negotia...
GIC of Singapore picks up NTPC shares worth Rs 1,000 croreGIC of Singapore has cornered shares worth Rs 1,000 cr in NTPC divestment in which foreign funds bought almost 45% of shares put on sale.
Oil India's Rs 3,000 cr share sale over subscribedThe government was selling 60.11 mn shares, or 10 pc of the company's stock, and had set a floor price of Rs 510 per share for bids.