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General Insurance Corporation of India

Registered Office : Suraksha 170 J Tata Road,Churchgate,Mumbai Maharashtra 400020 Phone : 91-22-22867000
Fax : 91-22-22884010

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

Opens On

Closes On

11-Oct-2017

13-Oct-2017

Money Payable On

Application

Allotment

912.00

0.00

Minimum Application for shares in Nos : 16.0 Further Multiples of : 16.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

1,541.50

11,175.84

438.60

912.00

Axis Capital Ltd

Citigroup Global Markets India Pvt Ltd

Deutsche Equities India Pvt Ltd

HSBC Securities & Capital Markets (India) Pvt Ltd

Kotak Mahindra Capital Company Ltd

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

Registrar to the Issue

KFin Techologies Ltd