General Insurance Corporation of India IPO Message Board (Page 53)

Very less subscription at 2:03 PM only .87 + .2552 = 1.12

Surprise employee also done bid.

Employee quota subscribe 62%.

They have more faith on company.

Live subscriptino can be look at

http://stocksipo.info/DefaultDetails.aspx?Id=2

GIC issue - LIC will bail out. This is long term bet.Difficult biz to understand. PE (premature ejaaa like traders/investors should avoid this because this stock will not give instant gains.This company will create wealth. Directly linked with Farmer crop insurance,Industrial Infra insurance. This is long term story in making.

Now FII and MF subscription picking up gradually. Retail investors should make some listing gains

GIC RE mega issue fully subscribed on strong QIB demands.

No strong QIB demnds. Its LIC only. Money going from one govt. pocket to another govt. pocket.

No strong QIB demnds. Its LIC only. Money going from one govt. pocket to another govt. pocket.

Hni will take advantage on listing day
Buy below issue price.

Admin Pls start a new page for Reliance Nippon. It opens from 25th Oct - 27th Oct

General Insurance Corporation Ltd. IPO
Subscription figures (BSE+NSE) @1:50PM:-
QIB - 1.98X
HNI/NII - 0.06X
Retail - 0.35X
Employees - 0.62X
Total - 1.11X
Apply full application of 2 lakh.

Sir I had bid GIC IPO around 7.00 pm through ASBA yesterday after trading hours...Will my application be considered or not ....Do I need bid again ... Please Clarity

bid before 2 pm? ICICI direct allows to bid till 3 pm of last day?

Hi, Even it is not considered, buy it from secondary market. Wait for 4-5 days after listing, price will definately come below the issue price.

shantanu prabhu aap to mahaan ho , :)
since in RCAP & RINFRA people loose monay as they invested at top , so its trading loss.
So you mean to say since Maruti is at top , we cannot buy it as woule be loss.

Good companies if bought at any price gives returns in 5 yrs time frame , RCAP & RINFRA gave loss even in 10 years timeframe.

+1 Jain sahib , par jab koi ADAG group ko defend karta hai to khoon khaul jaata hai mera :) , never seen such a pathetic group.

@echaos

No one cares for your khoon, agar khoon kaulta hai matta ko wall me patko Lolz

@ Sood,

Ur Pratap snack analysis fell on flat face lolzz Stock listed with huge premium.And just because u cannot run pan shop u cannot call everyone chor. Sood are known chors .. we know famous sood surname.

Biggest fool person who don''t know about accounting, stocks etc.is here - Shantanu Gosh. He is asking shares of demerger as free shares.

How ADAG group selected him as paid agent. This the reason if they can''t select good paid agent then how they are doing business.

Look at all companies of ADAG group. How they are performing.

Dear Mr. Pande ,

You used a very dignified term AGENT for Ghosh , actually he is bhadva . On one of my comment on Ambani borthers , not directed or replied to Ghosht , he shot back at me as Chor .

I gave him good left and right .

@ pandey

No one is paid agent, i am not even asking people to subscribe to Reliance nippon IPO, Point was with malafide intention some people on forum were doing jugglery with numbers, so i countered them. Btw Nippon are marquee Investors n not only will stock list in premium, they dont need Retail investors to keep them afloat, will command mcap of 16,000 crore post listing pop.Its third largest AUM.

Just because TTML has closed down doesnt make tata chors,

Just because L&T twins have not given return doesnt make L&T chors

Just because Bharati has not given any returns to share holders in past 10 years dont make them chors,

Similarly failure of Rcom or Power dont make Anil a chor.

Limited point. Indians are good at name calling.

Very low subscription.

Life figure can see at below location.

http://stocksipo.info/DefaultDetails.aspx?Id=2

what to do ? Subscribe or not ?

only 96% subscribe.

In coming year u will find insurance sector will be gem of market ... For next10 year ... Qib and hni are willing to take the share at lower price post listing from retailers as retailer will try to sell as it is never tommorw and company is going to bankrupcy where fi and mf will buy it and will sell back to retailer after 5- 6 year on a higher price ... And individual will buy thinking it will triple again in 2 -3 year ... I applied it seeing the fundamental and diversified area of business ... And growth in coming year ... I wont sale on listing... It is my fd for 5 year which will triple in my opinion

subscribed 1 lot

Yes I know it if firm allotment. It is for long term purpose.

If u want this for long term then buy on listing day ,it will be available at rs.800/ sure shot.

Oriental bank of Commerce ki ipo lagane ki kya timings h and online kitni ipo''s lga skte h ??

Withdran all the applications which were placed for 688 Shares.

Bye Bye See you in the next issue.

ADAG Group kuch v kor sakta.even they recruit many one for post here .Kuch kuch aysa lagta hai

I think finally goi will divest gic with lic money, that is their own (government,) money

GIC IPO:
I recommend GIC IPO with ‘Apply’ for listing gain and mid to long term.

If we see the financial performance, brand name, business, market leader in reinsurance, proven track record, monopoly etc. all looks satisfactory. These gives me green signal.

Only big concern is asking price. It is asking about 30 P/E. We don’t have listing peers available in India. We cann’t compare with ICICI Lombard, ICICI Prudential or SBI Life. They are in insurance sector and GIS is mainly in reinsurance. If we look at major international listed player Swiss Re, Munich Re, Hannover then they are available at around 12 P/E. In that case GIC looks very costly. But insurance, reinsurance business in India is different because of direct government involvement (owners of LIC, GIC, New India etc.), Monopoly of government companies, strict norms to foreign companies and direct foreign investment in insurance business.

Listing will be at same price or Rs. 50 more than issue price. Retail investors will get Rs. 45 discount. On listing retail investor, will make minimum Rs. 1000 on one lot.

Some of Reasons why it will list positive or at same price:

Promoter is Government of India. Government has very big disinvestment target of Rs. 75000 crores for year 2017-18. It reached to half till now. Many other government insurance sector companies are in pipeline i.e New India for big IPOs. Government wants to build confidence in retail investors.
If we see last in 7 year large offers (more than Rs. 7000 crore) from Government, then retail investors always make money on listing. Some examples Coal India IPO -2010, Coal India OFS – 2015, Power Grid FPO – 2013, NTPC OFS – 2017. It is also sure investors will not get listing gain like Coal India but 7 to 10% listing gain is possible. It is also possible high sell volume from retail investors on listing day.
On listing day, many government funded DIIs like LIC, PSU Bank funds, mutual funds etc. will buy from open market and try to keep price over issue price.
First company in reinsurance business is going to list.

It will fully subscribe. I suggest retail investors should go with one lot only. Chances are high that each retail investor will get one lot.

Investors should think little differently. If we apply in any good ipo which is good in asking price, good grey market, good financial nos. etc. then chances are likely 1 to 4 or 1to 5 in allotment. We hardly make Rs. 4000 to Rs. 5000 on listing day from one allotted lot. Here we have firm allotment with only Rs. 1000 listing gain. But firm allotment makes same profit of Rs. 4000 to Rs. 5000 for 4 to 5 applications.

Thanks Uchit Patel. That gives lots of confidence. I am in playing this :)

I applied in 5 accounts with minimum lot.

Now it fully subscribe 1.30pm
BSE 0.22
BSE 0.83
OVER ALL 1.05
BUT NII. 0.06
RII. 0.51

RII only 0.34 % , not 0.51