General Insurance Corporation of India IPO Message Board (Page 57)

364. T.agarwal | Link | Bookmark | October 13, 2017 11:57:54 AM

IPO Mentor (800+ Posts, 1800+ Likes)

*General Insurance Corporation of India*
FINAL DAY SUBS.FIGURE AT 10:55 AM
QIB 1.68X
NII 0.02X
RII 0.22X
EMP 0.52X
TOTAL 0.92X

Total No.of FORMS : 257012
*Apps Wise : 0.12X*

364.1. I M Patel | Link | Bookmark | October 13, 2017 12:02:28 PM

Is this subscriptions figure @ cut off rate or wht??

363. Prashant Hemrajani | Link | Bookmark | October 13, 2017 11:54:27 AM

So the amount is 189000 for 13 lots and 204000 for 14 lots... so retail can apply for 13 lots????

363.1. MADMAX | Link | Bookmark | October 13, 2017 12:02:19 PM

After discount rs 45 one can apply up to 14 lots in RII cat I e 14*16*867=194208

362. Tanmaya | Link | Bookmark | October 13, 2017 11:56:46 AM

any idea about current GMP?

ideally subscription rate to high ho chula hai so GMP hi better hola chahiye

361. ~~Sunjay~~ | Link | Bookmark | October 13, 2017 11:09:53 AM

Can somebody please help with the latest subscription no''s

360. vreddy | Link | Bookmark | October 13, 2017 11:40:42 AM

Could some plz post the subscription figures time to time

R R Patel could you post for us

359. JPATEL | Link | Bookmark | October 13, 2017 11:13:02 AM

Mr. Kunal patilji minor Ka a/c SBI me he. Or pan card bhi he lekin Sbi bank Wale minor Ka application nahi lete he

359.1. kuntal patil | Link | Bookmark | October 13, 2017 11:30:34 AM

You ask only demat account . better you need to meet DP section . still if they not accepting then you need to look for different broker and use same SBI account and apply . reason for not taking there is no revenue and they are not aware how to process the application . the process is little different from normal application . just they want to skip .

359.2. ~~AnkurGoel~~ | Link | Bookmark | October 13, 2017 11:34:59 AM

If you are a good customer of SBI then try to put pressure on them. Tell them you will disassociate with them and associate with the broker who will open minor account.

358. Prashant Hemrajani | Link | Bookmark | October 13, 2017 11:33:56 AM

Please tell me the maximum lots in retails section

357. Nair | Link | Bookmark | October 13, 2017 11:22:35 AM

Subscription is very low. confused whether to apply or not

357.1. ~~Sunjay~~ | Link | Bookmark | October 13, 2017 11:29:51 AM

Even I am confused, but I am considering the facts like Rs 45 discount, quarterly dividend as I wont sell for atleast 1 year

357.2. Nair | Link | Bookmark | October 13, 2017 11:32:38 AM

Government stocks never give good returns.... but get good dividends but who cares about dividend... no body invest in stocks for dividends

356. Rajkumar Bhuj | Link | Bookmark | October 13, 2017 11:30:06 AM

IPO Mentor (600+ Posts, 400+ Likes)

What are the subscription figures till now?

355. Solution of Queries | Link | Bookmark | October 13, 2017 11:08:53 AM (1100+ Posts, 1400+ Likes)

GMP -20

rate 3100/- on Rs. 2 lakh application

Tradable ..............!!

355.1. PSR | Link | Bookmark | October 13, 2017 11:21:46 AM

IPO Guru (1300+ Posts, 700+ Likes)

If it sustains all RIIs make some money.

But one concern is how far it is sutainable. But a person has to take some risk for making money.

When it is coming to Stock market, when you gain that would in Grams, and when you lose that would be TONS. We must be prepared for that.

354. AKH | Link | Bookmark | October 13, 2017 9:49:34 AM

IPO Mentor (900+ Posts, 700+ Likes)

Confused why people applying for application of highest amount in RII

-No of applications required for 1x is 27 lac approx
-IMO expected subscription of 12 Lac applications

How they will get shares more then 40

354.1. Rajkumar Bhuj | Link | Bookmark | October 13, 2017 10:27:43 AM

IPO Mentor (600+ Posts, 400+ Likes)

More than 40? What is 40? Sir please explain a bit more.

354.2. AKH | Link | Bookmark | October 13, 2017 11:18:28 AM

IPO Mentor (900+ Posts, 700+ Likes)

My question is if 27lac applications are there for 1x and my expectation is 12lac applications then how applicant of highest amout will get more then 40 shares

353. Hari ji | Link | Bookmark | October 12, 2017 9:43:17 PM

Top Contributor (400+ Posts, 400+ Likes)

@KING VINOD friends
What your view on GIC?
YOU apply or not?
If you apply all 5 demat or only 1 demat?

353.1. KING VINOD | Link | Bookmark | October 13, 2017 11:07:52 AM

IPO Guru (2500 Posts, 5400+ Likes)

Mostly Not applying GIC IPO
After seeing subscription figures till 02:30pm if heavy subscribed i will apply only in 1 or 2 accounts

352. Gauravjain | Link | Bookmark | October 13, 2017 11:06:10 AM

Moderator ji

Open separate page for .... Reliance Nippon AMC IPO

351. JPATEL | Link | Bookmark | October 13, 2017 10:52:23 AM

Minor a/c IPO apply. Kar
Sakte he kiya ?

351.1. kuntal patil | Link | Bookmark | October 13, 2017 11:05:03 AM

Yes . Apply pan card in minor name and create bank account under Guardian . open demat account ( no trading account ) with broker .

Note : As there is no trading account so you cannot trade . but you can transfer the shares to your demat account and sell it .

350. abhinavgupta | Link | Bookmark | October 13, 2017 8:11:33 AM (200+ Posts)

Face value is 5rs so if we compare it with icici lombard (fv 10) and sbi life (fv 10) gic price will be 1800+ according to fv 10 logic isn’t it too expensive

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350.5. manjitsingh | Link | Bookmark | October 13, 2017 10:58:11 AM

IPO Mentor (900+ Posts, 900+ Likes)

Eps is counted on 5 rs face value not 10 rs gupta g

350.6. dpk | Link | Bookmark | October 13, 2017 10:59:41 AM

Please confirm to guptaji that all replies are sarcastic, else based on his great logics he will mistake all this as praise & will continue to guide the forum in same manner.....

349. PB | Link | Bookmark | October 13, 2017 10:57:40 AM

GIC premium -39 TO -41 ( DISCOUNT)

348. Super Trader | Link | Bookmark | October 13, 2017 10:44:18 AM (200+ Posts, 100+ Likes)

I think RII section will be oversubscribed. because HNI will apply under retail category to get discount (and assured allotment).
Please subscribe at cut off, to get allotment. otherwise you wont get it.

347. phrao | Link | Bookmark | October 13, 2017 10:44:11 AM

Top Contributor (400+ Posts, 500+ Likes)

Mr gupthaji
Watch the book value BV

346. Rajkumar Bhuj | Link | Bookmark | October 13, 2017 10:32:40 AM

IPO Mentor (600+ Posts, 400+ Likes)

GIC GMP
-30 / -26

Calculate using base price is of 912, where as retail allotment will be at 867, so for retail the premium is 15 / 19.

346.1. Rajkumar Bhuj | Link | Bookmark | October 13, 2017 10:35:31 AM

IPO Mentor (600+ Posts, 400+ Likes)

Both SBI & ICICI has premium lower than this at a point during the IPO. GIC isn''t as bad as its being publicised. Apply with full force. Minimum profit for a 2L application will be above 4,000.

345. RAJESH.SHAH | Link | Bookmark | October 12, 2017 10:57:30 PM

Kaunsi category mein listing ke baad lockin hota hai.... QIB, NII etc mein

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345.4. SABBY | Link | Bookmark | October 13, 2017 10:30:19 AM

QIB AND 3 MONTHS LOCKIN PERIOD

345.5. Rajkumar Bhuj | Link | Bookmark | October 13, 2017 10:33:58 AM

IPO Mentor (600+ Posts, 400+ Likes)

Out of all the replies, only PSR is correct. Nobody other than Anchor Investors have a lockin period.