General Insurance Corporation of India IPO Message Board (Page 38)

Karvy Office has gone on an early Diwali holiday. So far no news about allotment. Either Saturday or Monday. Allotment of Shares, credits and refunds on Tuesday all at one go ?

Guys I have applied 25 lot''s at lower side 865
Will I get allotment of all 25 lot''s as HNI IS NOT OVERSUBSCRIBED

Who will pay for the difference amount if the price is decided at cut off and higher than application amount.

Sir, any application amount less than price fixed will be rejected.. no question about it

it is for the seller to decide if they accept ur bid ! generally the co decides the price
but there are issues wit lics bid as it is over limit ..

Hdfc amount deduction is for sure and allotment price is 912 (867)....if dont won''t to believe than dont wait and watch........

I have no message about GIC Allotment
PAN NO. CAKPP6194E

GIC (20.50) - (19.50)

Thanks anjan ji

Premium is in minus.

912 - 20.50 / 912 - 19.5 is what she meant.

What is grey market premiun for GIC

Called uo karvy, allotment by 6.30 pm today

Any status on allotment??

I have applied for 14 lots and my bank showed blocked amt after discount. If i selected 15 lots it didny show any discount , hencr i chose 14 as i thought it was the highest number of share in retail category. Will i get discount?

YES YOU WILL GET DISCOUNT

14 lots x 16 share per lot x 912 cut off price = Rs 204288
14 lots x 16 share per lot x 867 after retail discount = Rs 194208

the final price is considered as 867 max, so your total amount is within 2L, so i believe you are eligible for retail discount.

fake people like this idiots shuld be banned out of forums...if you dont have info dont post. misleading people like u should be given mental treatment for posting irrelevant posts.

HDFC HAS NOT DEBITED ANY AMOUNT IN MY ACCOUNT,
AM SURPRISED HOW PEOPLE POST ALLOTMENT AND DEBIT AMOUNT ALSO,
LOOKS ALL IMAGINATION..

as per edelweiss allotment on 23

Admin, please add page on ''Mahendra Logistics Ltd''
Regards

Price fixed at 912.......retail 912 - 45 = 867.
Amount debited in hdfc asba 13872.

Really or its fake,sacchi batau re allotment ka,don''t spread rumours

Is the cut off amount informed by the Govt. prior allotment......This will clear the query of many investors who have invested below 912.

Of the critical factors for Cut-off price determination is demand at various price level during IPO bidding. Allotment will be based on Cut-Off price. So cut-off price can and will be disclosed after bidding closure and before allotment is done.

When is the allotment??

I have bid @855 (lower side) and will be ok even if I don''t get any shares.

Based on external political environment , current economic situation in the country, pricing and poor demand from NII and retail investors, this IPO did not give me the needed comfort feel to bid higher than this and I chose to keep lower risk to my capital even when I may have to forego some profits.

I have seen many public sector stocks price coming down after buybacks , FPOs and OFSs due to greedy government pricing. There are very few IPOs/FPOs/OFSs of public sector companies which were priced to give guaranteed returns at the time of new issue. Good companies are fine but ultimately valuation is the key and the most important aspect.

Folks who have applied in this IPO at Cutoff, suggest to take out whatever profits folks get and look to re-enter if the stock goes down post IPO listing. This seems to be the best way at this stage. Let us keep our fingers crossed.

Is there possible to allot RS-855 amount of Bid application

5400 rs buyer of 2 lakh application...

30% return in about an year won''t be no sweat. imo it''s priced sensibly and unless indian monsoon has a complete collapse, this should keep moving up and steady.