Co-operative Insurance IPO oversubscribed on opening day | Sunday Observer

Co-operative Insurance IPO oversubscribed on opening day

26 December, 2021

The Initial Public Offering (IPO) of Co-operative Insurance Company Limited, through an Offer for Subscription of 166,750,000 Ordinary voting shares at Rs. 3.60 per share, which opened on December 20 was oversubscribed on the initial day itself.

The IPO by Co-operative Insurance Company Limited received applications for the value of Rs. 600.3 mn.

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