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Reliance General Insurance scraps IPO plan; withdraws draft offer documents
Markets regulator Sebi had received draft red herring prospectus for the proposed IPO on February 8
Anil Ambani's Reliance General Insurance to re-file IPO document this week
Hopes to obtain pending regulatory approvals from Sebi & Registrar of Companies, to tap the market soon
Reliance General Insurance receives Sebi's nod for IPO
Sebi's final observations are very important for any company to launch any public offers
Sebi seeks clarification on Reliance General Insurance's IPO
Proposed IPO comprises fresh issue of little over 16.7 mn shares by the company and an offer for sale by Reliance Capital of 50.3 mn shares
Reliance General Insurance files DRHP with Sebi for IPO
Up to 67 million shares on offer, Motilal Oswal Investment Advisors, Credit Suisse Securities, Edelweiss Financial, UBS Securities are global co-ordinators and book-running lead managers