October 9, 2017 / 9:34 AM / 11 days ago

BRIEF-India's Reliance General Insurance files for IPO

Oct 9 (Reuters) -

* India’s Reliance General Insurance files for initial public offering

* India’s Reliance General Insurance says IPO comprises of fresh issue of up to 16.8 million shares and offer for sale by Reliance Capital of up to 50.3 million

* Reliance General Insurance says proceeds from fresh issue will be used for augmenting solvency margin, to meet future capital needs

* Reliance General Insurance says Motilal Oswal, Credit Suisse, Edelweiss and UBS are global co-ordinators and book running lead managers for IPO

* Reliance General Insurance says Haitong, IDBI Capital are book running lead managers for IPO Further company coverage: (Reporting By Mumbai Desk)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below