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GIC OFS opens for retail investors today. Should you participate or not? (opens original article in a new tab)

TL;DR

GIC OFS opened for retail investors on 17 June 2026 with a floor price of ₹352 per share, as the stock price declined 3% on BSE. The government increased the offer size by 3% through a greenshoe option after strong non-retail demand.

  • GIC OFS opened for retail investors on 17 June 2026 with a floor price of ₹352 per share
  • GIC share price fell 3% to ₹347.90 on BSE on 17 June 2026
  • Government increased OFS size by 3% through greenshoe option after strong non-retail demand

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