JKB Financial Services Ltd.

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General Insurance Corporation of India
Registered Office: Suraksha 170 J Tata Road, Churchgate, Mumbai - 400020, Maharashtra
Phone: 91-22-22867000
Email: investors.gic@gicofindia.com
Website: www.gicre.in
Initial public offer of 124,700,000* equity shares of face value of Rs. 5 each (equity shares) of General Insurance Corporation of India (Corporation) for cash at a price of Rs. 912 per equity share aggregating to Rs. 11175.84* crores (Offer) comprising a fresh issue of 17,200,000* Equity shares aggregating to Rs. 1541.50* crores by the corporation (fresh issue) and an offer for sale of 107,500,000* equity shares by the Promoter (the selling shareholder) aggregating to Rs. 9634.35* crores (offer for sale). The offer included a reservation of 134,717* equity Shares aggregating to Rs. 11.68 Crores * for subscription by eligible employees (as defined in definitions and abbreviations) (the employee Reservation portion). The offer would constitute 14.22 % of the post-offer paid-up equity share capital and the net offer shall constitute 14.20 % of the post-offer paid-up equity share capital. The face value of the equity shares is Rs. 5 each. The offer price is Rs. 912 per equity share and is 182.4 times the face value of equity shares. subject to finalisation of the basis of allotment. A discount of Rs. 45 on the offer price was offered to retail individual bidders (retail discount) and to eligible employees (defined below) bidding in the employee reservation portion)(employee Discount)

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
11-Oct-2017	13-Oct-2017	₹ 912.00	₹ 0.00

Minimum Application for shares in Nos : 16 Further Multiples of : 16
	(₹)Cr.	Lead Managers to the Issue
Project Cost	1,541.50	Axis Capital Ltd
Project Financed through Current Offer	11,175.84
Post Issue Equity Share Capital	438.60
Issue Price	₹912.00

Projects
Augmenting the capital base of the corporation to support the growth of the business and to maintain current solvency levels
General corporate purposes

Promoted By
President of India

Listing At
BSE
NSE

Registrar to the Issue
KFin Techologies Ltd

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