Reliance General Insurance Ipo

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