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General Insurance Corporation of India IPO Message Board (Page 54)

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424. Thiagarajan Ramasamy |   Link |  Bookmark | October 13, 2017 2:40:09 PM
Top Contributor Top Contributor (700+ Posts, 200+ Likes)
Now the big question whether the Issue will be priced at the lower band of 855 to offer more comfort to Retail Bidders. Another worry is Zero participation so far from FIIs and MFs.
423. shantanu gosh |   Link |  Bookmark | October 13, 2017 1:54:40 PM
@ pandy

Ur n many other people grouse is .. Rpower n Rcom have given losses..

I do not consider relcapital,relinfra stock price as loss because people bought at peak,thats trading loss, and in any case relcapital,relinfra and rcom were given as free shares to every Reliance Ind Holder when demerger of RIL took place in Jan 2006

All shareholders of RIL will get shares of the four new firms in a ratio of 1:1. This means RIL shareholders will get one share each of Reliance Communications Ventures (face value Rs 5), Reliance Energy Ventures (Rs 10), Global Fuel Management Services (Rs 5) and Reliance Capital Ventures (Rs 10) for eac

Reliance energy ventures and Global fuel management are - Relinfra and RNRL was merged into Relifnra

Relcapital ventures is Relcapital..

Talk with logic. Don''t think people are fool here.
423.4. Ocean |   Link |  Bookmark | October 13, 2017 2:34:11 PM
@gosh. Forget about what I''m smoking. It''s hard argue with your point of free shares and equating airtel which traded at 630 now trading at 430 (after split) and saying TCS struggling at 2400 for 4 years. So i leave my discussion here. I see no point arguing.

@ rest. Sorry guys. This is my last message here on Reliance Nippon.
423.5. shantanu gosh |   Link |  Bookmark | October 13, 2017 2:38:21 PM
@ ocean

@ ocean..

Adjusting Split

Airtel still has not managed to cross its 2007 high 541 in dec 2007 ( adjusted split) , So it was in fact 1085 rupees , now its 400 ( 800 if u dont consider split) ( adjusted all corporate action, check charts)

Get basic knowledge before commenting.. at least have a look at chart of Bharti Airtel.Lolzz
422. RAJESH.SHAH |   Link |  Bookmark | October 13, 2017 2:35:53 PM
Reliance Nippon kostak Ahmedabad 550
421. RAJESH.SHAH |   Link |  Bookmark | October 13, 2017 2:35:23 PM
Subscription details pls
420. stkanlyst |   Link |  Bookmark | October 13, 2017 2:33:53 PM
I had applied 7 applications of 2 lakhs. Withdrew all of them. Not worth taking such huge risk.
419. astuter |   Link |  Bookmark | October 13, 2017 2:30:56 PM
Retail (RII) quota subscribed 0.33% till 1;30 PM.
418. shantanu gosh |   Link |  Bookmark | October 13, 2017 2:15:04 PM
@ pandey

All ADAG stocks baring Rpower were given free to Reliance Share holders as free shares in 2005

Here is detail

All shareholders of RIL will get shares of the four new firms in a ratio of 1:1. This means RIL shareholders will get one share each of Reliance Communications Ventures (face value Rs 5), Reliance Energy Ventures (Rs 10), Global Fuel Management Services (Rs 5) and Reliance Capital Ventures (Rs 10) for each

Now if someone has bought Rcom at 850, Relcapital at 2600 and not maintained stop loss u cannot blame promoters, that is trading loss. I am talking of investors.

Reliance have created huge wealth for retail investors over the years long before Tata came. Tata share holding is restricted,everything goes to TATA sons, the trustee, Check share holding of tata and reliance companies.

Reliance power ( IPO) failed because power sector issues started in 2008 due to coal scam. Tatas,birlas, jindal all were named in Coal scam. None of Steel companies except non ferrous have managed to recover.

Tata power staring at huge losses at Mudra, only saving grace is defense order they get.

TTML bankrupt
418.2. DSR |   Link |  Bookmark | October 13, 2017 2:22:15 PM
Yes Shantanu you have made your point. We will subscribe to Reliance Nippon.. but for the time being please can we not post any further message on Reliance. I am seriously looking for GIC issue discussion over here.
418.3. shantanu gosh |   Link |  Bookmark | October 13, 2017 2:26:51 PM
@ arnup,

Do u know what is float of tcs shares just 4% ie means with little float it enjoyed scarcity premium,Now that IT biz is slowing down, stock has petered off, Buy back is gimmick to talk up the shares, Its been 3 years now, TCS has not given any wealth, in fact for next 2-3 years TCS will not see 3000 level simply because Stock is in down turn.

417. I M Patel |   Link |  Bookmark | October 13, 2017 12:00:43 PM
Please find attached IPO Note of “Reliance Nippon Life Asset Management Limited”.



Issue Details

Reliance Nippon Life Asset Management Limited

Issue Period

Issue Opens On: Wednesday, October 25, 2017*

Issue Closes On: Friday, October 27, 2017

*The Anchor Investor Bidding Date shall be on 24th October 2017

Issue Size Details

Fresh Issue of 24,480,000 Equity Shares

+ Offer For Sale of 36,720,000 Equity shares

Issue Size

Initial Public Offer of 61,200,000 Equity Shares (Rs.1,512~ Cr - 1,542^ Cr)

Price Band

Rs.247 – 252

Bid Lot

59 Equity Shares and multiple thereof

Issue Structure :



QIB

50% of the offer (up to 30,600,000 Equity Shares ) (Rs.756~Cr~ - Rs.771^ Cr)

NIB

15% of the offer (up to 9,180,000 Equity Shares) (Rs.227~ Cr – Rs.231^ Cr)

Retail

35% of the offer (up to 21,420,000 Equity Shares) (Rs.529~ Cr – Rs.540^ Cr)

~ Lower Price Band and ^Upper Price Band

Mode of Payment

ASBA Mandatory ( No Cheque will be accepted)

GCBRLMs

Axis Capital, JM Financial, CLSA India, Nomura Financial

BRLMs

Edelweiss Financial, IIFL Holdings, SBI Capital, Yes Securities

Registrar

Karvy Computershare Pvt. Ltd
417.9. D Pandey |   Link |  Bookmark | October 13, 2017 2:12:46 PM
How long you are in this forum? You just started at present at the time of Reliance Nippon IPO. This is the thing that you are 100% paid agent.

You are talking about Tata group. Why you are not say anything about TCS, Tata Elexi, Tata Global, Tata Chemical etc. See the records of dividends paid by Tata group companies including Tata steel. See the dividend payment records of Tata Power also.

Compare return by all ADAG group companies. It may possible telecom industry is in trouble but what happen to Reliance Power, Reliance Capital, Reliance Defence etc.

You are saying all ADAG company shares are free after Reliance Demerger in 2005 then it looks like you don''t have any knowledge of accounting.
417.10. shantanu gosh |   Link |  Bookmark | October 13, 2017 2:23:56 PM
@ ocean..

Adjusting Bonus/etc

Airtel still has not managed to cross its 2007 high 541 in dec 2007, now its 400 ( adjusted all corporate action, check charts)

RNRL never traded at 2000! what u smoking..
RNRL was SPV company

Relcapital was Rs 185 before demerger -- People got free shares 1 :1 for every one held in Reliance Ind - Now its trading at 551 high in 2007 was 2372 now u cannot complain that it was 2372 and now its 551, that is not the point here..

REL INFRA was rupees 430 before demerger - People got free shares 1:1, Now its trading at 467, It made high of 2164 in 2007.

RNRL was merged with Rel energy later named as Rel infra - So RNRL never traded at 2000 levels, it was SPV company

RCOM -- All Reliance Ind Share holders were allotted free shares in ratio of 1:1 in 2006 -- It was not IPO - Its 16 bucks. It made high of 850 in 2007, Basically zero rupee share at 16 is still profitable for Investors of RIL , yes traders like you made loss because u bought from secondary market.

Rpower - Only genuine Loss making IPO @ RS 272 now 42, but lets not forget no power companies have created wealth in past 10 years.
416. Pappi |   Link |  Bookmark | October 13, 2017 2:20:23 PM
MAT LAGANA LLOT LEHAI
M WARNI DE RAHA HUI ....YAAD KAROGE AVOIDDDDDDD.....PAISA KHA JAYEGA

2 LAKH MAAAT LAGANA
IT WILL LOOT UR HARD MONEY
GOVT KA AGENT HAI LIC PURA WO BAHREGA
415. PSR |   Link |  Bookmark | October 13, 2017 2:17:24 PM
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
Now it is 101%.
414. Arunblr |   Link |  Bookmark | October 13, 2017 2:15:36 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
What is subscription level... Pl update
413. Solution of Queries |   Link |  Bookmark | October 13, 2017 1:56:35 PM (1100+ Posts, 1400+ Likes)
1.07X times subscribed till now !!

Interesting thing is employee part subscribed 0.82% ( however its so low part so not a big thing )
413.4. tnk |   Link |  Bookmark | October 13, 2017 2:12:54 PM
It is only 0.99 times till 1pm not 1.07
413.5. Solution of Queries |   Link |  Bookmark | October 13, 2017 2:13:57 PM (1100+ Posts, 1400+ Likes)
Yes data corrected , its 0.99 almost going to touch 1 time now.....at 1:10 PM

wrong posting earlier bcz of NSE showing it lol.......!! combind
412. Solution of Queries |   Link |  Bookmark | October 13, 2017 2:11:35 PM (1100+ Posts, 1400+ Likes)
Reliance nippon topic looking like distracting gic chats also...so atleast stop it for today EOD.

Humble request to everyone !!
411. vreddy |   Link |  Bookmark | October 13, 2017 2:00:51 PM
R R Patel

Subscription figures plz, i waiting for the figures to post so that i can decide weather to apply or not in RII
410. beejedee |   Link |  Bookmark | October 13, 2017 1:28:21 PM
Subsription Trends indicates....Should be available @820-830 immediately after Listing...
410.2. Dumbledoe |   Link |  Bookmark | October 13, 2017 1:38:08 PM
I anticipate this to be a money bagger for the future. Very few players worldwide in reinsurance business and it is a niche one with lots of margin in revenue. Hold on to it and if you see a dip put in your fingers to get some more.
410.3. beejedee |   Link |  Bookmark | October 13, 2017 1:58:46 PM
No Doubt a good long term investment.. but RII will not cross 50 %,, Others/QIB get some 10 Crore Shares at Cut off....hence hefty discount for few days after listing...like SBI Life...I have applied 2X224 but review by 1430 Hrs..
409. PSR |   Link |  Bookmark | October 13, 2017 1:57:25 PM
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
As the response is very poor and Government is very generous in awarding the poor people''s money paid by them by way taxes,to the white colored people, such as employees, we can expect CUT-OFF at lower price band or some where in between upper and Lower.
408. PSR |   Link |  Bookmark | October 13, 2017 1:56:01 PM
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
As the response is very poor and Government is very generous in awarding the poor peoples to the white colored people such as employees, we can expect CUT-OFF at lower price band or some where in between upper and Lower.
407. Arup jamshed |   Link |  Bookmark | October 13, 2017 1:39:45 PM (900+ Posts, 300+ Likes)
Uchit Patel sir , since last 3 yrs u post n shere ur view ,but not very regular.one thing I noticed in ur post ,u always give clear view with full confidence.also I didn''t found u failed.
Here u recommend for listings gain n mid to long term .
Sir ,is it possible +900 + in listings n hold for a day.
407.1. Uchit Patel |   Link |  Bookmark | October 13, 2017 1:55:59 PM (500+ Posts, 1500+ Likes)
Yes Arup. I am not regularly posting my views. I am long term investor. I am always looking for good opportunity in stock market. My full time profession is not finance or investment sector. I am busy in other profession. I am trying my best to provide views but because of busy schedule it is not possible sometime.

It is possible GIC will list more than 900 also. One thing we need to understand on listing day LIC and other government finds, mutual funds will try to keep GIC price round about 900. We have Rs. 45 discount. We are always safe because of Rs. 45 discount.
406. ArvindLecturer |   Link |  Bookmark | October 13, 2017 1:52:54 PM
Shoud we apply at price of 855 because it can not subscribed more than100 percent or should we have put two bid.one at 855 and another at 912.pls reply fast.i am a listing gainer
405. Peddireddy |   Link |  Bookmark | October 13, 2017 1:52:36 PM
Latest Subscription details
http://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=3523