Reliance General Insurance Files For IPO

Reliance General Insurance Co Ltd has filed for an initial public offering (IPO) consisting of a fresh issue of shares worth up to 2 billion rupees ($28.15 million), Reliance Capital Ltd said on Tuesday.

The IPO will also include an offer by Reliance Capital to sell up to 79.5 million shares, Reliance Capital said.

The private sector insurer has appointed Motilal Oswal Investment Advisors Ltd, CLSA India Pvt Ltd and Credit Suisse Securities (India) Pvt Ltd as the global coordinators and book running lead managers to the issue.

Haitong Securities India Pvt Ltd, IndusInd Bank Ltd and YES Securities (India) Ltd are the book running lead managers.

RECENT NEWS

USAA Names Dan Griffiths Chief Information Officer To Drive Secure, Simplified Digital Member Experiences

Feb 03 2026 SAN ANTONIO — February 3, 2026 — USAA today announced the appointment of D... Read more

USAA Named One Of Fortune Worlds Most Admired Companies™ For 10th Consecutive Year

Association recognized by wider business community in annual All-Star list of Top 50 companies Read more

USAA Appoints Retired Army General Bryan P. Fenton, Former Commander Of U.S. Special Operations Command, To Board Of Directors

Jan 28 2026 SAN ANTONIO – Jan. 27, 2026 – USAA today announced that retired Army Gener... Read more

USAA Readies Financial Assistance For Impacted Members Ahead Of Potential Government Shutdown

Jan 28 2026 SAN ANTONIO – After issuing nearly $450 million in financial relief to more ... Read more

Gen X Vs. Millennial Parents: New USAA Data Reveals Differences In Early Financial Behaviors For Gen Alpha

San Antonio, TX – JANUARY 13 – While Gen Z (born between 1997 and 2009) is under a constant microscope ... Read more

USAA Members Benefit From ~$3.7 Billion In Financial Rewards In 2025

Record Amount Underscores Association’s Commitment to Military Families Read more