General Insurance Corporation of India IPO Message Board (Page 21)

Khadim ipo 2nd nov to 6th november

GIC Re is all set to emerge among the top 10 global reinsurers and figure among the 40 largest global corporates, both in terms of market capitalisation.

From its current ranking of 12 largest global reinsurer, the company is set to grow to the 10th spot during the current fiscal, given its healthy growth rate, a market source said.

At present, GIC Re is also the 3rd largest reinsurer in Asia.

It is also likely be the second largest Indian entity in the financial sector PSU listed space after SBI,

As per allotment advice I received from ICICIDirect, listing date is specified as 24th. Can someone confirm when is listing, today(24th)or Tommorrow(25th)?

GMP is minus 25 ATM.
However, long term investors may note that GIC issue will settle at around 630 (+/-5%) by the start of next fiscal year.
Neatly wiping out around Rs.200 per share of investor wealth

you can expect around 850 by next diwali and it will stay around 900 for atleast 2 years.
no profits!

Another Fake Guru arrives .....hahahaha ....!

that for sure is some very classified stuff. um.. excerpts from karvy'' secret research report on investor destruction? I know this might sound weird to a few but i for once trusted David Meade and his Nibiru and now i am going to trust even you.

Listing seen at 905-945 range. No need to panic. By March 2018, 1050-1100 range

Anyone who had applied through retail category and didn''t received allotment? ??

Yes....via union bank of india

My guesstimate , closing will be in the range of 900 to 930. but easily will cross 950 by next week.

i applied In Gic ipo through online union bank of india ,lien also generated .i got acknowledge ment number but on allotment sight it states no PAN found.can we complain any where?

-23 -24 gic
69-70 nippon
112-114 MLL

YES.MR.COOL. YOU ARE RIGHT. YOUR THINKING GOOD. ALSO IN MY THINKING I BELIEVE THAT IF WE SOLD ANYTHING TO OTHER IF HE EARN SOME MONEY FROM THIS PURCHASE WE FEEL BETTER AND SATISFACTION.

I have suggested full 2 lakh application on it''s day of opening due to safeguard of Rs.45 discount even the fully priced. Listing price range may be in b/w 900-935. You can sell your 90% portion of alloted shares and hold 10% for long term if fund required for coming new IPOs otherwise sell 50% @listing and more on rise but 20% for long term. Don''t worry you will never see the price below 867.

GMP last heard:

GIC (Discount)
(25.00) - (23.00)

GIC GMP AT 8.30 (-22) - (-20). I SOLD 1040 SHARES @ 912 - 22 = 890.

Either of the 2 WILL BE PROVED FOOL DAY AFTER... THE ONE WHO BOUGHT FROM YOU AT 890 WHY DID HE BUY...???? THAT TOO FROM GREY MARKET.. SO HE MUST BE A PUNTER... NOW REST IS ON YOU TO THINK WHO WILL BE A FOOL ON WEDNESDAY...

Jai Mata Di has cut his risk of getting his large capital getting blocked in an unproductive way for long in this IPO and still exit with gain, He has exited completely indicates that he is not expecting very good listing. It is his call based on his risk profile.

He may lose some profits in case listing is better than what he believes but he is the one who is going to have a peaceful sleep today,

Please don''t come back and say that if someone wants to sleep then he should not invest in Stock market.IPOs.

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!

IEX recovered from lower levels in trade

But

There is no that type of chances in GIC

Because insurance ipo''s facing problems

Be careful

Dear Pharo,
It will be good listing tomorrow dont worry. If tomorrow goest wrong then NIA IPO will be also flapshow. I expect listing around 920 and settle 940 today.

Absolutly not.
it will list around 920.govt will not take any chance.gic impact will reflect on new india assurance ipo.so gic listing will be good..
Only 20 % shares tradeable on listing day. Listing will be in green.

Assuming the GMP of -22 with discount of INR 45 there is a possibility of INR 23 gain per share which on INR 867 comes to around 2.5%.

Suggest partial exit with gain for the folks who have put in full 2lacs investment. This will help in avoiding large amount remain held up (unproductive) in this IPO for long, in case stock goes down below issue price on the day of listing or in next few days which is indeed probable.

GIC issue will settle at around 630 (+/-5%) by the start of next fiscal year.
Neatly wiping out around Rs.200 per share of investor wealth

MR.PRASAD . THIS THINK IS YOUR MINDSET. NO MATTERS FOOL OR CLEVER. I GET AT 867 AND SELL AT 890.AFTER DEDUCT BROKERAGE I NET GOT 19000 TO INVEST 1000000 FOR 7DAYS. ALSO I PRAY THAT THE PERSON WHO BOUGHT FROM ME ALSO HE EARN SOME MONEY FROM THIS PURCHASE.

GIC me retailers Ko loss nahi hoga agar galti se bhi loss ho Gaya to next ipo new India insurance ki watt lag jayege ????????????

prem gic -22 -24
shd b a good listing dnt sell in panic...