General Insurance Corporation is launching an Offer for Sale (OFS) to the public. Through this mechanism on the stock exchange, the promoting entities President of India are making a portion of their equity shares available to investors.

The offering features a base size of 3,50,88,000 (3.00% of the total issued and paid up Equity Share capital of the company), along with a green shoe oversubscription option of 5,26,32,000 shares, bringing the total issue size to 8,77,20,000 shares. The base floor price is set at ₹352 per share (face value ₹5).

Regarding allocation, the non-retail bidding window operates from Jun 16, 2026 9:15 AM to Jun 16, 2026 3:30 PM. Subsequently, the retail bidding window is active from Jun 17, 2026 9:15 AM to Jun 17, 2026 3:30 PM. However, brokerages typically enforce an earlier cut-off time to process bids, ranging between 2:30 PM and 3:15 PM. The process follows a Price Priority allocation methodology. Furthermore, an OFS discount of 9.04% discount to the previous closing price (₹ 387.25 per share, 15 June, NSE) is provided. To facilitate widespread participation, the offering reserves 10% of Issue Size (35,08,800 shares) specifically for retail investors, while 90% of Issue Size (3,15,79,200 shares) are reserved for non-retail buyers.

Investors can consult the official OFS Notice for exhaustive details about the procedure, bidding methods, and settlement.