Stock Notes

GIC Re

Every Finvezto stock note on GIC Re, dated and newest first. Coverage spans insurance.

1 note and counting
16 Jun 2026
The government opened an offer for sale to divest up to 5 percent of GIC Re, a 2 percent base with a 3 percent greenshoe, at a floor price of Rs 352, a 9.4 percent discount to the previous close, targeting about Rs 3,088 crore.
Non-retail bidding opened 16 June and retail 17 June; OFS discounts typically pressure the stock near term.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.