GIC shares in focus as Rs 3,088 crore OFS opens for retail investors. Should you participate?

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General Insurance Corporation of India shares are in focus as the government's offer for sale opens for retail investors. The floor price is set at Rs 352 per share. The government aims to divest up to 5% stake, totaling over Rs 3,087 crore. The offer for sale saw strong demand from institutional investors on the first day.