GIC India to extend country's insurance IPO wave

India’s biggest reinsurance company aims to raise a whopping $1.7 billion next week in what could be the third-largest IPO in Indian history.

India’s stock market rally this year coupled with the stable post-listing performance of private insurers appears to have given General Insurance Corporation of India (GIC India) the confidence to come to market.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media