General Insurance Corporation of India IPO Message Board (Page 22)

GIC is a PSU company.No psu company provides accommodation to all employees.But as far as I know it is a good employer and has given many benefits to its employees.In psu insurance space promotions are fastest in GIC.Out of 550 employees almost 200 have had the opportunity to visit abroad for official work or training.Even the junior most officer is entitled to travel by air in GIC .

How many office purchased by GIC in last 20 year in India. If not then why ? I search in and find that GIC has only one own office in India.
Hope after ipo gic will purchase some property to run there own office .
A good company required there own office not rental one ..

Mr. Bhagat, If employees travel by air market treats it negative... It affects profitability and shows companies lack of vision towards growth just like Mallya used to do in Kingfisher.
Don''t understand what you want to say here...

Gmp -21 -22

Any help to let me know what would be the trading symbol for this in exchanges?

GIC ?

any last heard GMP?
nobody has posted recently.

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!

You want likes by copy-pasting comments of others?

GIC grey market premium turn into positive listing will be 1000+

Kaun hai yeah log. Kaha se aate hai yeah log. :Dear

Applied 3, got 3 lots, kinda nervous and anxious about this listing. After a while I have got any allotment. Stock market, wah re teri maaya!!

GIC: Pre - opening Session Strategy

1. Those who applied @ lower price band:
They should still bid @ 810 in pre opening. Who knows you get shares. If you don''t get, it will be fun. Or you can feed in between 810 to 867. Rs. 867(being cost to retail)

2. Those who applied at cut off and dint get allotment for technical reasons, should place buy bids @ 867.

3. Those who have been allocated, should feed sale orders @ 890 to 912 for 25% qty and remaining @ 912 to 1000 in small installments.

4. Those who din''t apply but want to buy should place buying bids ranging 867 to 912, depending upon risk appetite and liquidity.

Thanks

Hi
Can Anyone Help Me Out To Whom Can I Complain Now?

Applied 32 Shares For GIC @ 912 From Union Bank of India.
Application No : 0263805089103925
Date:13/10/2017 2:49:20 PM.
I Do Have The ASBA Cyber Report After Online Submission.
I Have Cross Checked My DP ID * PAN No Too.
Everything Is Fine.
But In Karvy Site Its Saying "NO PAN" If I Select PAN Option, No Application Found If I Select Application No Option, Even If Select DP ID That Also Say No DP ID In GIC IPO Page.

No allotment for the application applied from Union Bank of india!
Dont know what is the reason but i also applied from the Union and unable to get the status!
i have sent mail to karvay and gic.
☺मिलता तो ठीक था नही मिला तो भी कोई दिक्कत नही!☺

Pls. Go to scores.gov.in n register first with ur email I''d n file a complaint to sebi with all the proofs u have..

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!

Dear P K GIC has only 550 employees but GIC has no capacity to purchase flats for such a small number of employees even per day investment income 7 cr.
from last 3 years, more than 100 new employees already resign from the company.
GIC is a good company but bad employer.

Well written SecretIpoGuru.Completely agree with you.This stock should give returns of 15-20% for the retail investers.

6 percent premium*

Any idea the listing date and any guess what price it would be. I the allotment @INR867...

Yes
For reference watch SBI Life trade
There is no good movement in inc IPO

Phrao,
I think that sbi Life listed at around 6 percent on listing day...

Dear HDFC customers who didn''t get allotment,did ur money got unblocked? I didn''t get allotment but still my amount is in blocked condition. Please reply. Thanks in advance

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.
So.... congratulations and all the best for listing day.

Hi guys
I had applied one lot at cut off from my Mom''s account but got a text this morning that your hold has been unblocked. This would suggest that she has not got the allotment.
Her bank and demat account are in SBI.

Who should I contact to know the reason for non allotment?

Thanks
Rob

@ rob. SBI or karvy, neither of those. you are better off contacting SEBI. you should also evoke a right to information inquiry requesting the entity in question to reason for their action or pay the damages owing to non compliance of statutory regulations. that''s the only way to break their silence.

Thanks guys for your help. I had contacted Karvy and they have mentioned that

''In this regard we wish to inform you that the application was rejected due to the reason "TECHNICAL REJECTION" with the remark "DP ACCOUNT IS CLOSED", Kindly contact the DP for further clarifications.''

I have now emailed SBICAP to see what they say.

Thanks
Rob

Yes..I can see my allotment @867

can you tell the listing date

Don;t worry allottees this is Mumbai company expecting good listing it is only rumor of discount due to nobody get discount except retailers

Alloyment status avalable on kprism app

I got the allotment @INR867/- and with the only upper bidding limit of INR912/- ; I guess, it''s INR720/- advantage.

I had bid for 855/- 867/- and cut-off through Axis Bank ASBA.

Union bank of India mein nahi laga, even after keeping 1 lot @ cut off. Lein removed.