New Delhi, June 16 -- State-run insurer General Insurance Corporation of India (GIC) share price will remain in focus on Tuesday, 16 June, as its Offer for Sale (OFS) opens for non-retail investors on June 16.

GIC share price closed 1.58% higher at Rs.385.25 on Monday, ahead of the OFS opening.

The government on Monday announced the stake sale, aiming to divest up to 5% of its holding in the company at a floor price of Rs.352 per share, according to the Department of Investment and Public Asset Management (DIPAM).

"The govt will sell up to 5 percent stake in GIC at a floor pierce of Rs.352 per share. OFS in GIC opens on 16.6.2026 for non retail investors. Retail investors and employees of GIC can bid on 17th. The govt will divest 2 per...