General Insurance Corporation of India IPO Message Board (Page 37)

Yes..amount debited from KVB at higher price band..

HAPPY DIWALI

ALLOTMENT KAYARE AAVASE

In case of GIC, allotment is not important, allotment price is important. Fixing the price near by lower band would be good for govt. and investors as well.
Happy Dipawali.

HAPPY DIWALI
WE SHOULD WAIT FOR GOOD LISTING NOT FOR ALLOTMENT. EVERYONE GET ALLOTMENT.

Bilkul sahi arunji....

Happy Diwali ????????????????

sabko diwali ki mubarakbad.. doston.. khush rho, swasth rho mast rho.. and keep investing wisely ..

good luck!!

Happy Diwali to all friends of this forum

A very Very HaPpY Diwali to all Investors

Wishing all investors including ME to be allotted every good IPO shares in future, with huge listing gains & robust returns.

TODAYS SPECIAL TRADING SESSION TIME
===================================

PREOPEN SESSION ---------- 06.15PM
TRADING ----------------------- 06.30PM TO 07.30PM (ONE HOUR ONLY)

I remember IPO of TCS in 2004, price band was 775 -900, IPO was over subscribed 2.5 times but Mr. Ratan Tata decided to fix the price at Rs 850/=. Investors made handsome gain on listing.
In this case we cant hope more from Mr. Jaitely.

@Anjan ji.. Good memories. It gave killer returns i.e 25% CAGR for 13 years since Aug 14 and then giving us the opportunity to exit thru buyback..

How funny is IPO market. A chips company demands high gmp and a biggest reinsurer in a country is in discount mode. Time to think where we are heading in this crazy ipo market.

Well said. However, it''s the pricing and the cyclical nature of of the sector it represents makes the company great or decent buy.

Hi all,

Many people are suggesting GIC is good for long term and "super" long term.. Need some quantification in terms of years please...

Issue managers और जेटली जी के बीच सहमति नहीं बन पाई । सरकार चाहती है 912 lead managers कह रहे है 855.
Wait and watch....

Retail investors need not worry. Apart from the 5% discount, I hope the Issue will reward allottees, if recent Public Sector Units viz., HUDCO and COCHIN SHIP YARD are any indication.

Jaha this can be the only reason.Since the inception of the current government, it''s not has been ''Jitna nikalwa sakte ho Abhi nikalwa lo janta ke paas se, shayad 2019 ke baad mauka ji na mile.''

Hi Friends... I bidded for GIC IPO and accidently bidded for 2.04 Lakhs overall. Now people are telling that I will be considered as HNI during share allocation and hence will not get discount of Rs. 45. On the top of it, this IPO looks to be get tanked on the day of listing. Please guide me as I am very scared. I have got this money by selling my "Khet" and then looks like I am loosing it in Share market.

You make big mistake
Wait for income tax notice
Sure you got income tax notice

Bhai reach out ti registrar office. You can cancel your application. Please read below guidelines.

IPO application may be withdrawn by an applicant by writing a letter, to the Registrar of the issue, highlighting the Company’s name and clearly mentioning complete application number, names as in the application and signatures of all applicants. The applicant has to ensure that the withdrawal application is received by the registrar prior to finalization of the Basis of Allotment. The withdrawal or cancellation of withdrawal will not be considered if the issuer has finalized and submitted Basis of Allotment to the Stock Exchange.

Special trading session ---- Diwali Muhurt Trading ---- Tomorrow 19 October 2017
Preopen session - 18.15
Trading - 18.30 to 19.30

How do I participate?
Is it by logging into my trading account or some other platform?
Thanks

same as you trade, no different platform.

Something is cocked up at the backdoor in GIC.
Final issue price is not decided yet.
Allotment can be on Monday but I am wondering why issue price is not declared yet.

Being the first to list Public Sector Insurers, surely list above the issue price. Retailers need not panic even if it goes below issue price intraday; closing price will be higher than the issue price, lest next PSU Insurers like New India slated to open in a few days gets poor response.

Excellent observation of IPO market

Excellent observation of IPO market

http://www.ipowatch.in/2017/10/general-insurance-corporation-gic-ipo-allotment-status.html

Seems tomorrow

If you have applied at cut off rate the you will definitely get full allotment

If you have applied at cut off rate the you will definitely get full allotment

Muhurt Trading details

https://www.nseindia.com/products/content/muh_trading_web.htm

Gic ka ipo meina low price after discount 810 per fill kiya hai.... Mujhe kya milena ka chance hai is rate mein..... Please. Tell me

@Yogesh kr, As you have quoted lower than the amount fixed by the company, you will not get any allotment.

Please see guys hdfc sec posted the Allotment date as 27 Oct. : So sit relax & enjoy Diwali
https://www.hdfcsec.com/productpage/general-insurance-corporation-of-india-ipo

As per tentative schedule of IPO listing is on 25th oct,2017. When the tentative listing date is 25th Oct, how does the question of date of allotment as 27th Oct arise. Someones'' reading is incorrect.