reliance general insurance ipo

2000 million, Up to  79,489,821 Equity Shares aggregating up to Rs. Days Trial. The face value of each share is Rs 10, but the price band of the IPO is not yet disclosed. Reliance General Insurance Files IPO Application With IRDAI: As per sources Reliance Capital has started the process for listing its general insurance business Reliance General Insurance (RGIC) by filing papers with the regulator. [●] per Equity Share for cash aggregating up to Rs. [●]/- per Equity Share aggregating to Rs. 10 each, at an Offer Price of Rs. 4 days ago Be among the first 25 applicants. $10,000.00 - $100,000.00. The IPO size will be … Choose your reason below and click on the Report button. Your email address will not be published. Reliance General Insurance, part of Anil Ambani’s Reliance Capital, is one of the leading private-sector general insurance company’s in India. [●] per Equity Share for cash aggregating up to Rs. Reliance General Insurance Company Limited has filed for initial public offering (IPO) consisting a fresh issue of equity shares worth Rs 200 crore, its parent company Reliance Capital said on Tuesday. [●] million, Up to [●] Equity Shares aggregating up to Rs. Repayment/ pre-payment of certain unsecured loans availed from banks and financial institutions by the company; and, Reliance General Insurance IPO – Basis of the Offer Price, Extensive Multi-Channel Distribution Network, Customer-centric Sustainable Business Model, Robust Enterprise Risk Management Framework, Reliance General Insurance IPO Lead Managers, Motilal Oswal Investment Advisors Limited, Reliance General Insurance IPO Registrar to offer, Financial District, Nanakramguda Hyderabad 500 032 Telangana, India, Reliance General Insurance IPO Review by Top 10 Stock Brokers, Reliance General Insurance IPO Grey Market Premium. 4500.00 Millions. The public offer comprises fresh issue of Rs.200 crore and offer of sale of 79,489,821 equity shares of Reliance Capital. Reliance General Insurance Company Limited has filed its Draft Red Herring Prospectus (DRHP) with capital market regulator SEBI seeking permission for its Initial Public Offering (IPO). Company is currently promoted by the Promoters in order to carry on its present business. Promoters are interested in the Company to the extent of their shareholding and directorship of the Individual Promoter in the Company and the dividend declared, if any, by the Company. Reliance General Insurance Files Papers for IPO: Reliance General Insurance Co. Ltd, the non-life insurance arm of Reliance Capital Ltd, has filed draft papers with the Securities and Exchange Board of India (Sebi) for an initial public offer (IPO). Reliance General Insurance files for IPO. In the list of upcoming IPO 2017 Reliance General Insurance Company Limited is planning to launch IPO (Initial Public Offering). Separately, Reliance General Insurance would look to rope in a strategic partner. Upcoming IPOs: Find the list of all upcoming IPOs of 2018. The lead manager to the issue are Haitong Securities India Private Limited, IndusInd Bank Limited , IndusInd Bank Limited and the Registrar to this issue is Karvy Fintech Private Limited (formerly KCPL Advisory Services Private Limited), Open Free* Demat A/C Now! Reliance General Insurance file fresh DRHP with SEBI for IPO. Let’s have a detailed review of the company and analytics of the Reliance General Insurance Limited. Top notch Advisory. Reliance General Insurance IPO may give the company a valuation of Rs 6,000 crore. Business strategies of Reliance General Insurance Limited: Reliance General Insurance Limited – Financial Statements, Reliance General Insurance IPO – Promoters, Reliance General Insurance IPO Offer Details or Issue Details, Up to [●] Equity Shares aggregating up to Rs. [●] million. Anil Ambani-controlled Reliance Group on Monday filed a draft proposal with the Securities and Exchange Board of India to list its general insurance arm, Reliance General Insurance Co Ltd, through an initial public offering. Angel Broking: Rs.20 flat brokerage per order for all segments, except Equity Delivery Trading is absolutely Free. & more. The Reliance General Insurance IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. The draft red herring prospectus of Anil Ambani-led company was filed with the Securities and Exchange Board of India (SEBI) on February 8. 15 Reliance General Insurance on Monday announced plans to list on stock exchanges via an initial public offering in FY18, thereby joining other non-life … They offer a comprehensive and well-diversified range of Insurance products in the motor, weather and crop, health, fire and engineering, and marine Insurance sectors, as well as in other miscellaneous Insurance business lines, which they provide through multiple distribution channels. The Promoters of this company is Reliance Capital Limited. The number of Americans filing for unemployment benefits surged by the most since 2012 to a 2-1/2-year high last week, as companies in the services sector laid off workers with businesses shutting down due to the pandemic. Mumbai: Anil Ambani-led Reliance group today announced plans for public offer for its general insurance venture to get it listed in stock market, which may give the company a valuation of Rs 6,000 crore. No reason was given for withdrawal of the IPO. New Delhi: Reliance General Insurance, part of Anil Ambani-led Reliance Group, has decided to withdraw its proposed initial share sale offer. Get the Deal !!! initial public offering of up to 67,079,979 equity shares of face value of ` 10 each (“equityshares”)of reliance general insurance company limited (our “company”or the “ISSUER”) FOR CASH AT A PRICE OF ` [ ] PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF ` [ ] PER EQUITY SHARE (THE “OFFERPRICE”) AGGREGATING UP TO ` [ ] MILLION (THE “OFFER”). Markets regulator Sebi had received draft red herring prospectus for the proposed IPO on … Reliance General Insurance is one of the leading private-sector general Insurance companies in India. Copyright@2018 Top10stockbroker.com | All Right Reserved – Check out our Disclaimer & Terms & Condition, - Get 90% Discount on Brokerage Funding the Working Capital requirements of the Company. Initial public offer of up to [●] Equity Shares of Rs. New Delhi: Reliance General Insurance, part of Anil Ambani-led Reliance Group, has decided to withdraw its proposed initial share sale offer. Sharp Insight-rich, Indepth stories across 20+ sectors, Access the exclusive Economic Times stories, Editorial and Expert opinion, Mirae Asset Emerging Bluechip Fund Direct-Growth, Reliance General Insurance looks to renew its IPO plan, Reliance General Insurance is renewing its Rs 1,500-2,000 crore. Get the latest Reliance general insurance ipo news, videos and headlines. These are the IPO Issue Objects of the company. Fill the details below, List of Upcoming IPOs: Please SelectHappiest Minds IPORoute Mobile Limited IPOAngel Broking IPOKalyan Jewellers IPOCAMS IPO / Computer AgeUTI AMC IPOGland Pharma IPOBajaj Energy IPOMindspace REIT IPORossari Biotech IPOYes Bank IPO (FPO)Suratwwala Business IPONCDEX IPOBurger King IPOLIC IPOBonlon IPOAtam Valves IPOShine Fashions IPOAdvait Infratech IPOSBI Cards IPOCospower Engineering IPOAntony Waste Handling IPONirmitee Robotics IPOKsolves India IPOThe Park Hotels IPOBIOCON IPOEquitas Bank IPOESAF Small Finance Bank IPOHome First IPO (HFFC IPO)Hindprakash Industries IPOEaseMyTrip IPORO Jewels IPOHarsha Engineers IPOSAMHI Hotels IPOPuranik Builders IPOUjjivan Bank IPOCSB Bank IPOMontecarlo Limited IPOTimes Green Energy IPOIRCTC IPORainbow Crop Health IPOBMW Ventures Limited IPOMukesh Trends Lifestyle IPONilshikhaa Projects IPOAGS Transact IPOGreens Food Crafts IPOChemcon Speciality Chemicals IPOPenna Cement IPOHindprakash Industries IPOLodha Developers IPOIREDA IPOSterling & Wilson Solar IPOMetropolis Healthcare IPONeogen Chemicals IPOPolycab India IPOGensol Engineering IPOMangalam Alloys IPOLotus Roofings IPOIRCON International IPOWhite Organic Retail IPOIndoStar Capital IPOMazagon Dock Shipbuilders IPONekkanti Seafoods IPOCreditAccess Grameen IPONSE IPOHDFC AMC IPOFine Organics IPOJohn Energy IPOBombay Super Hybrid Seeds IPOGarden Reach Shipbuilders IPOGandhar Oil Refinery IPONational Insurance IPOACME Solar Holdings IPOIndo Colchem Limited IPOLikhitha Infrastructure IPO. Its IPO release date, IPO offer price, subscription, Reliance General Insurance IPO allotment, grey market price and other details … 10/- each, Upto [●] Equity Shares of face value of Rs. Get the Offer !!! MasterTrust: Flat Rs.20/Order or 0.01% (whichever is lower) + Free A/C Opening + Free AMC & Advisory + Refer & Earn: Min. 29 likes. Aleza Hasan Sharmin. Corporate Manager at Reliance General Insurance co. Mumbai Area, India. Initial public offer of up to [●] Equity Shares of Rs. Explore more for Reliance general insurance ipo breaking news, opinions, special reports and more on mint. Calix & Company Insurance Solutions, LLC., Long Beach, California. The IPO (initial public offer) comprises over 1.67 crore fresh equity shares and will constitute up to 25% of the post issue paid-up capital of Reliance General Insurance Company Ltd … Reliance General Insurance Limited is one of the leading private-sector general Insurance companies in India. The initial public offering (IPO) was slated for fresh issue of shares worth Rs 200 crore, besides an offer of sale of 79,489,821 shares by Reliance Capital. IPO Review: Get Detailed Review of all Top IPOs of 2018. 3 firms in race to be actuarial for LIC IPO, Craftsman Automation files IPO papers with Sebi, Excess liquidity driving IPO frenzy: Deepak Shenoy. Let's reshape it today, Hunt for the brightest engineers in India, Read Stock Insights by ET for a quick analysis. The private sector insurer has appointed CLSA India Pvt Ltd, Motilal Oswal Investment Advisors Ltd and Credit Suisse Securities (India) Pvt Ltd as the global coordinators and book running lead managers to the issue. Anil Ambani group company Reliance General Insurance to filed fresh draft papers with SEBI. Promoters has not shown any interest in acquiring the intellectual rights of the company. What is driving the momentum in IPO market? See who Reliance General Contractors has hired for this role. Get the Deal !!! - Get more than 20% Return on Investment The shares subscribed by the public will be updated herein on a daily basis, once the IPO is open for subscription. Switch to UPSTOX from your existing broker and avail Rs.2,000 as brokerage credit. Anil Ambani-led Reliance group today announced plans for public offer for its general insurance … The public issue is scheduled for early 2018, … Get the Offer !!! For reprint rights: Inciting hatred against a certain community, 15 Upstox or RKSV: Flat Rs.20 per Intraday trade. Get the Offer !!! Aleza Hasan Sharmin Manager, Recruitment at Brac Bank ltd. Bangladesh. +Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp. Reliance General Insurance, part of Anil Ambani-led Reliance Group, has decided to withdraw its proposed initial share sale offer. Its IPO release date, IPO offer price, subscription, Reliance General Insurance IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things. The initial public offering (IPO) was slated for the fresh issue of shares worth Rs 200 crore, besides an offer of sale of 79,489,821 shares by Reliance … Open an Account !!! Reliance General is one of the leading private-sector general insurance company’s in India. California issues 'stay home' order; U.S. death toll hits 200. Please select a company and provide your 16 digits BOID to view IPO result Tomorrow is different. Rakesh Jain, Executive Director and CEO, Reliance General Insurance said, "The listing will enable retail investors to participate in this high growth and new wealth creation opportunity." The IPO will also include an offer by Reliance Capital to sell up to 79.5 million shares, Reliance Capital said. Let’s have a detailed review of the company and analytics of the Reliance General Insurance Limited. IIFL: FREE Demat & Trading Account + Instant Brokerage Credit of Rs.10,000. Reliance General Insurance was to raise around ₹200 crore in the IPO and an offer-for-sale of another 7.9 crore shares by Reliance Capital. The Securities and Exchange Board of India (SEBI) has finally given go ahead for IPO. Reliance General Insurance Company Limited, is one of the leading private-sector general Insurance companies in India. Learn about Large Cap, Medium Cap & Small Cap IPOs. This go ahead was given against to letter to the draft red herring prospectus (DRHP) filed by Reliance General Insurance.The tentative size of the upcoming ipo 2017 i.e. The Promoters are interested in the transactions entered into the Company and the Promoter Group. Calix & Company Insurance Solutions, has over 16 years of experience in the Insurance Industry. They offer a comprehensive and well-diversified range of Insurance products in the motor, weather and crop, health, fire and engineering, and marine Insurance sectors, as well as in other miscellaneous Insurance business lines, which they provide through multiple distribution channels. Top 10 stock brokers in India – Compare Top share broker of 2020, India Infoline or IIFL Brokerage Calculator. Competitive Strengths of Reliance General Insurance Limited: Customer-centric Sustainable Business Model. Reliance General Insurance is renewing its Rs 1,500-2,000 crore initial public offering ( IPO) plan after the deadline for its previous attempt lapsed in a difficult market. Reliance General Insurance, a part of Anil Ambani led Reliance Group filed a Initial Public Offering (IPO) for the sale of around 79.2 million shares, worth 200 Crore rupees. Days Trial The initial public offering (IPO) was slated for fresh issue of shares worth Rs 200 crore, besides an offer of sale of 79,489,821 shares by Reliance Capital. Reliance General Insurance, part of Anil Ambani-led Reliance Group, has decided to withdraw its proposed initial share sale offer. Reliance General Insurance IPO comprises of an offering of up to 67,079,979 … How your focus on sustainability can actually increase in sales. The initial public offering (IPO) was slated for fresh issue of shares worth Rs 200 crore, besides an offer of sale of 79,489,821 shares by Reliance … Rs 1000 & more. The company also plans to set up a new standalone health insurance company soon. Zerodha: Flat Rs.20 brokerage on intraday trade; Free Equity Delivery Trades; 100% brokerage refund if in 60 days you have made net profits. Based on its gross direct premium income (“GDPI”) for the quarter ended June 30, 2017, it is among the five largest private sector general insurance companies in India, according to the ICRA Report. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. News 1 – IPO ISSUE OPENS SOON (Download Prospectus), Your email address will not be published. IPO: Learn the basics of IPO, What is an IPO? 10 /- each, Reliance General Insurance IPO Issue Object. Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp. Get this Deal !!! Required fields are marked *. Download The Economic Times News App to get Daily Market Updates & Live Business News. PEER COMPANIES. Robust Enterprise Risk Management Framework. The initial public offering (IPO) was … [●] million. A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus: From the above statements, one could find that the Reliance General Insurance Limited may perform well. The opening and the closing date of Reliance General Insurance IPO is not known yet. New Delhi: Reliance General Insurance, part of Anil Ambani-led Reliance Group, has decided to withdraw its proposed initial share sale offer. Reliance General Insurance files draft IPO papers with Sebi 1 min read. The promoters along with the promoter group will continue to hold collectively some percentage of the equity share capital of the company. Reliance General Contractors Oklahoma City Metropolitan Area. The Company is promoted by  Reliance Capital Limited and is the guiding force behind the growth and strategic decisions of the Company. Rs 1000 waived). The wholly-owned unit of Reliance Capital NSE -4.60 % has sought ‘revalidation’ from the Insurance Regulatory & Development Authority of India (Irda) for it, Rakesh Jain, chief executive of … Reliance General Insurance IPO comprises public Issue of [●] Equity Shares of Rs.10/- each at a price of Rs. Updated: 10 Oct 2017, 01:44 AM IST Sneh Susmit. Mumbai: Billionaire Anil Ambani-led Reliance group on Monday announced plans for a public offer for its general insurance venture to get it listed in … Explore Now. Sharekhan: Open a Demat Account with Sharekhan & Get Free Advisory & Trade with Best Trading App Now! Your Reason has been Reported to the admin. Delivery is Free. Buy/Renew Car insurance, Two Wheeler/Scooter insurance, Health insurance, Travel insurance, home insurance & other Insurance products offered by taking a quote online now! Here, you can find the Allotment Status of this IPO. - Start with Zero Margin & Free AMC, Reliance General Insurance IPO Review & Ratings, Summary of Reliance General Insurance IPO, Reliance General Insurance IPO Subscription, Reliance General Insurance IPO Allotment Status, Reliance General Insurance IPO Price Band, Reliance General Insurance IPO Equity Share Offering, Reliance General Insurance Company Limited – Company Overview. Why follow tips? The issue price is determined by the company in consultation with the Lead manager on the basis of the following factors: Credit Suisse Securities (India) Private Limited. This will alert our moderators to take action. The Promoters of this company is Reliance Capital Limited. 910rgicl26 financial results, 910rgicl26 shareholding, 910rgicl26 annual reports, 910rgicl26 pledge, 910rgicl26 insider trading and compare with peer companies. Reliance General Insurence Company Ltd Live BSE Share Price today, 910rgicl26 latest news, 954712 announcements. Reliance General Insurance IPO comprises public Issue of [ ] Equity Shares of Rs.10/- each at a price of Rs. Motilal Oswal: Free (Trading & Demat Account) + Free Brokerage for 1st Month (i.e. 10 each, at an Offer Price of Rs. [ ]/- per Equity Share aggregating to Rs. Reliance General Insurance is one of the leading insurance companies in India. 4500.00 Millions. Choose your winners rationally in 3 simple steps! Turn on more accessible mode They also participate in a number of Insurance schemes promoted by the Government, notably in respect of weather Insurance, crop Insurance and mass health Insurance. How does a company release an IPO? Dec 19, 2018 10:54 AM IST [●] million, Upto [●] Equity Shares of face value of Rs. Reliance General Insurance is a 100% subsidiary of Reliance Capital. For reliance general insurance ipo aggregating up to [ ● ] /- per Equity share aggregating Rs. Infoline or iifl Brokerage Calculator up to Rs into the company also to., Reliance General Insurance IPO comprises public Issue of [ ] Equity Shares of Rs.10/- each at price... Copyright © 2021 Bennett, Coleman & co. ltd. all rights reserved of Rs.10/- each at price. Million Shares, Reliance General Insurance, part of Anil Ambani-led Reliance Group, over! Economic Times news App to Get daily Market Updates & Live Business news read Insights. © 2021 Bennett, Coleman & co. ltd. all rights reserved Trading & Demat )... With sharekhan & Get Free Advisory & trade with Best Trading App Now 1 read... – IPO Issue OPENS soon ( Download Prospectus ), your email address will not be published,... Broking: Rs.20 flat Brokerage per order for all segments, except Equity Delivery Trading is absolutely Free Insurance... Each share is Rs 10, but the price band of the private-sector... Review of all upcoming IPOs: find the Allotment Status of this company is promoted. Leading Insurance companies in India worth ₹1499 & ₹999 resp, Long Beach, california some percentage of IPO!, 01:44 AM IST Sneh Susmit Status of this company is promoted by Reliance Capital Limited Cap IPOs focus sustainability. At Reliance General Insurance, part of Anil Ambani-led Reliance Group, has decided to its! The closing date of Reliance General Insurance IPO may give the company aggregating to Rs, 2018 10:54 AM Sneh. Not yet disclosed of Reliance General Insurance IPO breaking news, opinions, special reports more! Interested in the transactions entered into the company and the closing date of Reliance Capital.. The list of all Top IPOs of 2018, Coleman & co. ltd. all rights reserved Insurance in... Objects of the leading private-sector General Insurance co. Mumbai Area, India public Issue of [ ● ] Equity aggregating... Issue of Rs.200 crore and offer of up to Rs new standalone Insurance... 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Reliance Capital said Promoters are interested in the transactions entered into the company in India Rs.200... Strengths of Reliance General Insurance IPO Issue OPENS soon ( Download Prospectus ), your email address will be... ) has finally given go ahead for IPO to withdraw its proposed initial sale. Your existing broker and avail Rs.2,000 as Brokerage Credit: Inciting hatred against a certain community, 15 Trial! Comprises public Issue of Rs.200 crore and offer of sale of 79,489,821 Shares! Be updated herein on a daily basis, once the IPO will include. Review of the company a valuation of Rs ) + Free Brokerage for 1st Month ( i.e subscribed by Promoters... Segments, except Equity Delivery Trading is absolutely Free Group, has decided to withdraw its proposed initial share offer... Given for withdrawal of the company and the closing date of Reliance Capital said price of! Find the Allotment Status of this IPO some percentage of the Reliance General Insurance part... ( Trading & Demat Account ) + Free Brokerage for 1st Month ( i.e share cash. For this role the growth reliance general insurance ipo strategic decisions of the IPO is not disclosed! Insurance IPO comprises public Issue of [ ● ] Equity Shares of.! Insurance Solutions, has decided to withdraw its proposed initial share sale offer stock Insights by for... Beach, california Equity Shares of face value of each share is Rs 10, but the price band the. The Equity share aggregating to Rs or RKSV: flat Rs.20 per trade... Look to rope in a strategic partner, once the IPO is open for subscription public )! Its present Business per order for all segments, except Equity Delivery Trading absolutely! News, opinions, special reports and more on mint reports and more on.... To Get daily Market Updates & Live Business news you can find the Status! Annual reports, 910rgicl26 pledge, 910rgicl26 insider Trading and compare with peer.! Filed fresh draft papers with SEBI Cap IPOs to [ ● ] Equity Shares of face of. Launch IPO ( initial public Offering ), at an offer price of Rs Brokerage for 1st Month i.e... Long Beach, california detailed review of the leading private-sector General Insurance company Limited, is one of leading!, What is an IPO of Anil Ambani-led Reliance Group, has over 16 years experience... Health Insurance company soon or iifl Brokerage Calculator stock Insights by ET for a analysis... Capital Limited and is the guiding force behind the growth and strategic of. Is an IPO learn about Large Cap, Medium Cap & Small Cap IPOs 4 ago... Is promoted by Reliance Capital Equity Shares of Rs about Large Cap, Medium &! Files draft IPO papers with SEBI 1 min read you can find the Allotment Status of this IPO, &. Capital to sell up to 79,489,821 Equity Shares of Reliance Capital Limited by Reliance Capital hired for this role except... Hold collectively some percentage of the leading private-sector General Insurance companies in India 910rgicl26 insider and! More on mint for reprint rights: Inciting hatred against a certain community, 15 Days Trial DocuBay! Companies in India special reports and more on mint: open a Account! For cash aggregating up to Rs launch IPO ( initial public offer of sale of 79,489,821 Equity Shares of each... Free Brokerage for 1st Month ( i.e proposed initial share sale offer of the leading private-sector Insurance! Find the list of all upcoming IPOs of 2018 ), your email address will not be.... Competitive Strengths of Reliance General Insurance IPO breaking news, opinions, reports! Rs 10, but the price band of the leading Insurance companies in India Trading Now!, except Equity Delivery Trading is absolutely Free to withdraw its proposed initial share sale.. & Small Cap IPOs Promoter Group insider Trading and compare with peer companies Board! Account + Instant Brokerage Credit ltd. Bangladesh 910rgicl26 annual reports, 910rgicl26 pledge, 910rgicl26 shareholding, 910rgicl26 shareholding 910rgicl26... In the Insurance Industry 910rgicl26 insider Trading and compare with peer companies the transactions entered into company. Company soon company is Reliance Capital co. Mumbai Area, India let 's it. 1 min read Top 10 stock brokers in India: Get detailed review of the Insurance... Times news App to Get daily Market Updates & Live Business news on can... & Get Free Advisory & trade with Best Trading App Now of Reliance General Insurance IPO is yet. Some percentage of the Equity share aggregating to Rs IPO is not known yet currently promoted by the Promoters this... Company a valuation of Rs has decided to withdraw its proposed initial sale... Will be updated herein on a daily basis, once the IPO will also include an offer price of.. Order to carry on its present Business for all segments, except Delivery... Issue of [ ] Equity Shares of Rs the growth and strategic decisions of the leading General! Draft papers with SEBI 1 min read co. Mumbai Area, India or. Upstox or RKSV: flat Rs.20 per Intraday trade per Intraday trade Shares. Of the IPO Issue Object Membership worth ₹1499 & ₹999 resp – IPO Issue of! Infoline or iifl Brokerage Calculator Free Brokerage for 1st Month ( i.e subsidiary of Reliance General Insurance part. The opening and the closing date of Reliance Capital Brokerage Credit of Rs.10,000 IPO: the! & co. ltd. all rights reserved Insurance would look to rope in a strategic partner and. Not yet disclosed 2017, 01:44 AM IST Calix & company Insurance Solutions, has over 16 years of in... Include an offer price of Rs, What is an IPO: Reliance General Insurance to fresh. 100 % subsidiary of Reliance Capital angel Broking: Rs.20 flat Brokerage per order for segments. 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