General Insurance Corporation of India IPO Message Board (Page 42)

Gmp is like this 45 retail discount - 20 gmp it means discount =25 rs 25×16 = 400 rs profit.......

Can I apply ipo with same with same DP id with 5 different pan number?

no.. one pan per demat account..

Can I apply ipo with same with same DP id with 5 different pan number?

Can I apply same do id with 5 different pan number

Will the govt reduce the price of GIC....As the IPO was not fully subscribed by Employees... Retail investors...NIIs...?

Not officially announcement regarding fixing of price band.

not received application status.
any body received application status.

People are started to spread rumours. NO NEWS REGARDING PRICE FIXES

Price fixed at 867. Retail investor will get it at 822.

Please share source for price finalised

It may be negative for government or company but definitely not for Listing.

Gamble ji any views about infy buy back

Acceptance Ratio will be pretty low so I suggest to avoid it.

Can I modify or cancel my bid for IPO. I have applied through my bank in ASBA. If yes how. Please advise

AFTER CLOSING OF IPO YOU CAN WITHDRAW YOUR MONEY FROM BANK B4 BLOCKING OR YOU CAN CHANGE YOUR BID OR WITHDRAW APPLICATION BEFORE ISSUE CLOSING TIME

i am retail invester. i applied in the price band of 810 in discount price of 855.
will i get an allotment..

NO ALLOTMENTS RETAIL INVESTORS SHOULD TIK CUT OFF OR UPPER BAND

but ipo is undersuscribed know..

Eagleye MAM AAJ KUCH AISI KHABAR AA REHI HAI GIC LOWER BAND MEIN ALLOTMENTS HOGA?

GIC
50 rs opening blast from 912

Because lic mif Mf support gic
Will check price after 12 o’clock

Govt./SEBI is pressurising ... Other private companies to leave some room for retail investors to earn money....
But, when the turn of govt owned industries / organisation is coming to enlist any IPOs then price ranges are fixed too high...as a result retail investors r getting trapped in IPO.... Don''t u agree..?
Example...SBI LIFE ...

SBILIFE is a private company. And in any case, nobody will sell it''s product for a low price. Don''t criticise the govt. We are ready to subscribe the private IPOs for even 40PE. Out of these, half the IPOs will be wealth destructive in the coming near future. Nobody forces retail investors to bid for IPOs . It''s our greed for quick buck that we blindly apply for IPOs.

If at all the government decides to reduce the allotment price for this IPO, till when can they finalize it?

GMP for GIC improving day by day. Everyone hopes government wont let down the GIC below issue price. If its cross below issue price then upcoming PSU IPO will also take a hit. LIC AND GOVERNMENT WILL NOT ALLOW THAT TO HAPPEN. so dont worry RII folks we will get assured returns. Historically NOV AND DEC is not good for stock market globally. Please dont take any fresh position. EVERYONE WIDELY EXPECTED 6 TO 8 PECENT CORRECTION. WAIT AND GRAB THE GOOD SHARE. ALL THE VERY BEST AND HAPPY DIWALI FOR ALL

how long govt. can keep the price up by forcing psu to buy this stock. qii has shown no interest and given the low demand this stock will trade below the issue. one can buy this stock on 10% discount, but he has to have bit patience.

@Soruhig: Most of the IPO investors are interested only in listing gains. What happens after the listing day doesn''t interest most of us so.

I bid at 855 in retail category.Will i get allotment.when will i know.

Only if discovery price is 855 (negligible chances....)

Basis of Allotment: 18-October
Refunds: 23-October
Credit to demat accounts: 24-October

Plz can anyone tell how to sell application of gic??