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KM Financial Solutions | Indian state-run GIC Re falls on market debut after $1.72 bln IPO
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Indian state-run GIC Re falls on market debut after $1.72 bln IPO

24 Oct Indian state-run GIC Re falls on market debut after $1.72 bln IPO

Posted at 08:38h in News by
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Oct 25 (Reuters) – State-run General Insurance Corp of India
(GIC Re) slumped as much as 14.5 percent on market
debut on Wednesday after raising 111.76 billion rupees ($1.72
billion) in the country’s biggest initial public offering in
seven years.

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