October 9, 2017 / 9:35 AM / 8 months ago

BRIEF-India's Reliance General Insurance files for IPO

* India’s Reliance General Insurance files for initial public offering

* India’s Reliance General Insurance says IPO comprises of fresh issue of up to 16.8 million shares and offer for sale by Reliance Capital of up to 50.3 million

* Reliance General Insurance says proceeds from fresh issue will be used for augmenting solvency margin, to meet future capital needs

* Reliance General Insurance says Motilal Oswal, Credit Suisse, Edelweiss and UBS are global co-ordinators and book running lead managers for IPO

* Reliance General Insurance says Haitong, IDBI Capital are book running lead managers for IPO Further company coverage: (Reporting By Mumbai Desk)

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