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Reliance General Insurance Company files DRHP for Rs 200 cr IPO

Capital Market 

General Insurance Company filed the draft (DRHP) with The Securities and Exchange Board of (SEBI) on 08 February 2019.

RGICL is a wholly owned subsidiary of Capital.

The IPO comprises of a fresh issue of equity shares by the Company (Equity Shares) aggregating up to Rs 200 crore, and an offer for sale by Capital of upto 7,94,89,821 Equity Shares. The face value of the Equity Shares is Rs 10 per Equity Share.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 12 2019. 10:46 IST