General Insurance Corporation of India IPO Message Board (Page 17)

http://www.bseindia.com/stock-share-price/general-insurance-corporation-of-india/gicre/540755/

https://www.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=GICRE&illiquid=0&smeFlag=0&itpFlag=0

Dear Moderator

Please update listing details.

BSE CODE....?

General Insurance Corp. of India,
October 25, 2017,
BSE & NSE.
BSE Scrip Code:540755,
ISIN:INE481Y01014

Don''t expect listing gain ,imo some body highlights about LIC involving ,but l don''t know it is positive or negative for us ,if LIC try to buy in lower labels tn its fall down upto 820 .

@carat, is it? I thought only anchor investors have lock-in period and not the QIB?

Seems u missed the train...

Happy listing????

Last GMP
GIC (13) (15)
Nippon 78-79
MLL 98-99

SGX NEFTY +78
GIC GMP - 15
LIKELY TO LIST AT 895 TO 900

Someone indicated that it may give 10-15 Rs listing gaing from upper band

@ AKH yes dear 925 -930 my broker also expect

Current external environment is a perfect mix to pump up greed in investors. Suggest partial profit booking for investors holding full 2 lac shares.

GIC IPO will not be listed at discount. Govt. of India wishes to further it’s disinvestment process. GIC is a GOI disinvestment, if the retail investors suffer any loss in this IPO on the day of listing, the retail investors will be demotivated to subscribe to any other IPO by any PSU in a short future period. This will hamper the disinvestment target of the GOI. To avoid any such demotivation and thereby reluctance of the retail investors in the future, the GOI will ensure that the retail investors don’t suffer in any manner for atleast a short forseable period. Thus GOI will put its financial institutions on standby and order them to buy at amounts that don’t hurt the retail investors. The GOI can also gift the retail investors in DIWALI by giving away profits by raising the listing price, so as to promote more retail participation for future IPO’s of govt. PSU’s. In any manner what so ever, it does not seem that GIC will list at a discount. Also, if this opens at a discount, the retail participants who have just started to open up their wallets thereby contributing to the oversubscriptions to the IPO may again close their wallets. Institutional investors and HNI’s who have profited heavily from the IPO season this year, cannot afford to lose the retail enthusiasm, they are also well aware of the fact that if this opening hurts retail investors, they may not be able to make much earning in the forthcoming IPO’s and hence they will also ensure not to let this IPO list at a discount. This IPO was undersubscribed by retail investors and the GOI and other financial institutions will make it a point by giving huge profits to the retail subscribers so that those who missed it would regret it and not miss future IPO’s. In any case GIC will be a huge success... cheers!

Good script .

Bhai baar baar itna bada message post karne se bhi listing par koi impact nahi hoga.
Request to keep the forum readable and un-cluttered.

Sell GIC at nomial profit and re-enter at lows.

Dowzones ,Nasdaq all r green.SGX nifty +91,10314

0/4 in Retail and all the applications were for 2 lots at the lower end of the price band i.e. at 855-45=810. Retail being under subscribed, all the applications should have been allotted.

These people took the shares from NII, RII and employee quota as they were under subscribed and they wanted to fill the QIB quota at 855 rather than giving the RII at 810. Mera Bharat Mahaan. As the shares are in huge number, 45 rs makes a lot of money for the GoI.

@motionboy: Bhai, assuming ke apko ipo application ke saare basics pata hai; my bid at 810 was completly legal and valid. The company is offering at a price band and you can definitely apply and get shares at the floor price. Aur ha, koi bhi aake hawa me 700, 600, 500 ki bid nahi maar sakta for a price band of 855-912. Agar aisa he tha to mai ye share 5 rs me leta. Kyu? sahi hai na.

@RKT, when there is book building issue, there is only one price that dictates the issue,
It does not happen that they can issue at 912 to QIB and at 855 to retail investors. The price is fixed in consultation with the lead managers or the book runners of the issue.
I hope this clears your doubt that even if the retail segment is under subscribed, they can not issue share at lower price band or any other price.

Thanks,
JJ

SGX +90 AT 10314
UN EXPECTED LISTING OF GIC ON CARD

MAY ANOTHER INDIGO

GIC This one as said will list at least at Par.
Hope so.
As NIA is planned next week. Govt will definitely try it''s best to list it at par.


Premium (-)14 (-)16
Rakjot
Arjun

Based on 2017. Number Price to Book value is 1.5 times at price of Rs 912/-. The last five years insurance growth has remained at CAGR of 15%. Hope to have decent opening tomorrow, And profit for short term investors and long term investors.

I got allotement for GIC but not showing in my demat account of india infoline. Please someone tell me what to do.

Tomorrow at 9.00 a.m. you check your demat account, you will find that your GIC shares are credited in your demat account.
In 99% cases it is reflected in the demat account on the day of listing.
All the best for GIC listing.

Shares already credited in demat on Monday

SGX Nifty

October Series - 10,298
November Series - 10,344

sgx nifty up 75 point..good news for gic

99-102 MLL
77-79 Nippon
(18) (19) GiC
All On Fire

Which city

I heard last
Reliance 68-70
Gic -25/-24

GIC will list at 939.
For people concerned only with listing gains:
Sell it in the range of 925-939 and exit as early as possible because it will fall at the End of day and you will not get such a beautiful chance to sell before few months.

The S&P BSE Sensex and Nifty50, which closed within kissing distance of their respective record highs, should be able to create history when markets open for trading on Wednesday after the government announced huge recapitalisation plan for public sector banks.
Gic listing will also be gr8.