Yes it is the dream of every retail investor to make some money in the IPO. Many IPOs are aggressively priced so that there is no cushion on the listing day. I also have 48 shares allotted. The analogy of Coal India is all very distant.
Those who got allotted.....just chill and relax You are definitely not going to make loss. Expected listing price around 890-895.. Listing day trading range 875-915.. Don''''t be in hurry to sell your Shares because QIBs will not sell share and not many NIIs have applied so there are only retailers and short traders who can drag the price downwards. Congratulations and all the best for tomorrow.
Guys little help needed, How can we sell in pre open allotted ipo at market price . What price should we quote for ex in case of GIC , 912?? So that it get sold at listing price only .
Govt of india kabhi nahi chayegi ki new india assurance ke ipo ke liye sentiment down ho.jo ki 1 nov ko aa raha hai .isliye gic re listing shandar hogi taaki retail investors aage bhi new india assurance me invest kare .
Guys,Owing to the low demand in retail and HNI category, what has happened is that around 9.30 Crores shares out of a total of 12.47 Crores shares have gone to QIBs.And out of this, more than 6.5 Crore shares have been allotted to LIC.So 75% of the issue now belongs to QIBs and it''''''''s highly unlikely that they will come for selling the same in the short term.So, all retail investors, if you have some patience, this counter can get you very good returns!
General Insurance Corporation IPO opens: Here are 10 things you should know http://www.moneycontrol.com/news/business/ipo-business/general-insurance-corporation-ipo-to-open-on-wednesday-here-are-10-things-you-should-know-2409577.html
GIC Re to be listed on NSE on 25 October - http://www.livemint.com/Money/R7aeMGaRu5w16SEOqgPhUP/GIC-Re-to-be-listed-on-NSE-on-25-October.html