The offer for sale will take place on a separate window of the stock exchanges under the T+1 period. The OFS will take place between 9:15 am and 3:30 pm on June 16, 2026 for non-retail investors and will continue on June 17, 2026 for retail investors between 9:15 am and 3:30 pm.
General Insurance Corporation OFS 2026 Details
| OFS Open: | June 16, 2026 |
| OFS Close: | June 17, 2026 |
| OFS Floor Price: | ₹352 per share |
| Face Value: | ₹5 per share |
| Closing Price: | ₹385 as of June 15 |
| OFS Discount: | 9.38% on closing price |
| Retail Discount: | N/A |
| Base Size: | 3,50,88,000 shares (3% of Equity) |
| Listing: | BSE, NSE |
| Offer for Sale: | Click Here |
The President of India, acting through and represented by Ministry of Finance, Government of India, (“the Seller”) are one of the Promoters of GIC Ltd (“the Company”) proposes to sell up to 3,50,88,000 Equity Shares of the Company (representing 3% of the total issued and paid up Equity Share capital of the Company) (“Base Offer Size”), on June 16, 2026, (“T day”) (for non-Retail Investors only) and on June 17, 2026 (“T+1 day”) (for Retail Investors (as defined below) and for non-Retail Investors who choose to carry forward their un-allotted bids from T day) through a separate designated window of BSE & NSE (Stock Exchange), in accordance with the OFS Guidelines (such offer for sale hereinafter referred to as the “Offer”).
General Insurance Corporation Financial Results
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT |
| 2024 | ₹46,368.09 | ₹37,902.66 | ₹6,497.30 |
| 2025 | ₹49,231.65 | ₹39,868.08 | ₹6,701.36 |
| 2026 | ₹53,869.74 | ₹42,337.23 | ₹8,392.18 |
About General Insurance Corporation
Incorporated on 22 November 1972, General Insurance Corporation of India (GIC) is India’s 9th largest Global Reinsurance company that provides risk management and reinsurance solutions to insurance companies. The firm focuses on superintending, controlling, and carrying on the business of general insurance.
The company covers various segments, including Property insurance, Motor insurance, Health insurance, Marine insurance, Aviation insurance, and Agriculture insurance. GIC has 4 wholly-owned subsidiaries: National Insurance Company Limited, The New India Assurance Company Limited, The Oriental Insurance Company Limited, and United India Insurance Company Limited. GIC shares are publicly traded on the NSE and BSE, and the Government holds the majority of the stakes in the company.
General Insurance Corporation OFS 2026 Broker Details
- IDBI Capital Markets & Securities Ltd.
- SBICAP Securities Ltd.
- BOB Capital Markets Ltd.
- Equirius Securities Pvt.Ltd.
Contact Us Details
General Insurance Corporation of India
170, J Tata Road
Churchgate
Mumbai, 400020
Phone: +912222867000
Email:
Website: https://www.gicre.in/en/
