General Insurance Corporation of India IPO Message Board (Page 3)

4 din se gire ja rha hai.....kab badhega ye.....860 hi aa jaye bas.....nikal denge...

started going down again :(

touched 860!!
soon 900

GIC buying happening at fag end no chance to short but what will happen trrow morning,,, lets see how much the pullback happens

GIC sell closer to 850 buy closer to 830 and recover ur losses

Seems like they are trying to boost the price for sake of NIA IPO but it will not work as they will face selling at every level.

What an Absolute disgrace this stock is. Yet another ICICI Prudential in making. People with Nerves of steel can continue to hold. Others just take a decision and move ahead. Cover up somewhere else.

All experts here are not able to comment on short term direction of GIC ... all are skipping as many of us have already asked about this ...

Can anyone tell what should be the strategy for GIC to see above 900+ level ?????

HOPE
gic give bonus share 1:1
declare dividend soon

just hope. optimistic
holding only 1 lot

I am not an expert, I can not see short time profit from GIC RE, if u can hold for long term it will yield u gud result. Else booking loss and investing in non-insurance ipo''s might be gud idea!
I told what I did/planning to do.

Your committing same mistake again and again great....

I am coming out of this gic re at the ave of 860
And invest in coming hdfc life ipo. please suggest my decision is correct or not

no ..dont apply insurance ipo''s

It is a myth that HDFC (or any other stock) cannot give loss. Do not base ur invetment decision on heresay.

Exit from GIC and entry into HDFC are two independent decisions. Linking two tx is a wrong way to invest. Having said this at this point there doesn''t seem to two factors which differentiate these two IPOs.
1. Public-private. Despite being public company it is also very well manage company.
2. Valuations
From listing gains perspective, there may not be much difference.
In the longer u should be looking at which company has higher probability of justifying their valuations.

For those including me holding at 867 .. question is ,,, is it worth waiting ?
1. the share fell to 780 on day one before intervention
2. govt should intervene before gic issue cause the negative cloud is going to be there but fair value is between 780 and 850 which also got broken so sell everything above 865 if u get a chance else sell above 850 or around it. sell at least 50 % depending on risk appetite
then rebuy below 850 or 815 and sell at every 5/10 rs upside .

Holding GIC at price 867 what to do?

Can anyone tell whether discount amount 45 per share amounting to 720 has been credited to your account.
Background:I had applied @912 as cut off price and 14592 has been vanished from my account as lien balance.however it got alloted to me @867 as allotment price and 13872 has been deducted from my axis Bank account.now the difference amount has not been credited to my account.kindly advise.

My axis bank online ipo accepted only 867 while investment in

Please recheck your account statement.
If Rs.14592 debited, then it is mistake on part of Axis Bank.
U may lodge complaint with Axis customer care.

This is a worst nightmare.. SBI is even worse. They won''t get away with it after sinking all my money.

Get out of all sbi and gic re and invest heavily in good recent oversubscribe ipo I have already invested in reliance nippon ipo 7 lots

क्या करे सर् बेचे या रखे किश भाव में बेचे

Why didn`t I got any allotment of GIC?
I applied for IPO via SBI internet banking in RII category as-
Initially for 5 lots(80 shares), later modified to 4 lots(64 shares) with in 30 minutes at rate of 856 Rs per share on 13th Oct morning. i applied similar for 2 other family members. I got acknowledgement instantly for submitting bid, later few days after I got sms for submission of my application to exchange by karvy, on 23 i got sms of " Refund of rs 51904.00 thru ASBA Dt. 21/10/2017 against application#002e........ in GENERAL INSURANCE IPO" ...similar happened for other 2 applications(of my family members),
whats happening?!, called karvey but they couldn`t answer, RII subscription application for GIC was only - 0.6, i have enough fund in accounts.
Also got no allotment for IPO of sheetal cool... for any 3 applications(at bid cut off price) from Karvey..!! Should i escalate to SEBI ?

From where else can i see subscription figure, eg. of sheetal cool..?

u r lucky, hence didn''t get GIC.
Simple!

All rubbish
All of us has chance to exit@2:50 pm to 3:15
With average or profit on 25/10

True

all investor are in GIC,, boycott for NIC... catch 22 situation.....

agreed

FD hi kara lete isse to acha... pahle sarkar ne jameen le li ki road banani hai karke..ab paisa bhi le liya

closing in negative daily from 3 days after listing....dont know what will happen to this

Sala fail kar do sarkari IPO... Bharat sarkar Hai Hai.....gareeb admi ka paisa doob gaya

Anyone noticed that dena bnk only able to rise 2% in this psb day,
Imp thing is with almost 60% deliverables(on 62m vol) !!

2 FD sureshot??
Or laggard as always!!

Don''t be irritate seeing price movements , i too entered @27.8 , Offcourse not best pick growth wise, but much much better than our FD,

Imo it must provide us 2FD(33rs) till 27 oct 2018.

In PSBs just 1 thing is reqd, buying should b at throw away(minimal) price, if remember earlier many time given buying call on BOB, union bnk, Allahabad when they were trading at low range

Last 10 years (since 2008)se laga hun, DENA mai kuch kama lu, Jab v khareda buy rate se neeche hi gaya.
Ab aapne buy Kiya hai, ho sakta hai bank ka luck change ho jaye.
Aisa hoga to Aapke sath sath bahut longo ka kalyan ho jayega.
All the best.