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General Insurance Corporation of India IPO Message Board (Page 60)

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304. Bullbear |   Link |  Bookmark | October 12, 2017 8:37:52 PM
This ipo will list @ 950 slapping those rii who haven''t applied and they will repent badly.
303. Hardik.Patel |   Link |  Bookmark | October 12, 2017 8:11:55 PM
Don''''t Apply Lower Price Band.....Everyone apply cut off or 912 otherwise not allotted any single share.

SBI price band 685 to 700 and it subscribed in retails 0.81. I have applied 2 lot at 690 and not received any single share.

QIB oversubscribed already so company fix price 912.

IF GIC subscribed 912 or Cutoff price in retails 0.60 then other 0.40 portion go to QIB Quota. QIB already oversubscribed so other 0.40 portion allotted QIB at 912. Why company make loss allotted lower price?
303.1. Manish response |   Link |  Bookmark | October 12, 2017 8:36:41 PM
Sir I want to know that if I 14592 ( not duduction of 45 rs discount ) plz clarify my doubt of discount price ?
302. sudarshan modi |   Link |  Bookmark | October 12, 2017 7:44:42 PM
Kostak for 2 lakh application in Ahmedabad is 3500rs.
Must apply for this IPO.
It can prove to be another INDIGO.
MUST MUST MUST APPLY.
LIKELY TO LIST AT 935 TO 945
NET GAIN OF MINIMUM 80RS
224×80 = 17920
302.1. Hello IPO |   Link |  Bookmark | October 12, 2017 8:34:34 PM
Hi sudarshan modi ,
Current GMP shows.. will be listing in discount ..

301. Murtuza |   Link |  Bookmark | October 12, 2017 8:26:40 PM
Have fixed my profit
300. Murtuza |   Link |  Bookmark | October 12, 2017 8:21:27 PM
Have sold 4 full application of 194208 @3300 per application
299. Arup jamshed |   Link |  Bookmark | October 12, 2017 8:17:16 PM (900+ Posts, 300+ Likes)
Mam (eagleye) leave Sir on holiday ,but we found gamble sir
298. Indrajitsinh |   Link |  Bookmark | October 12, 2017 7:19:49 PM
I apply in gic ipo 912-45=867 as per Asba i select cutoff Y if retail portion not fully subscription and many person apply 855-45=810 so i also got share 810 instead of 867. Reason for asking this question is that i apply Cutoff in asba
298.1. Watchful eye |   Link |  Bookmark | October 12, 2017 8:13:51 PM
When u apply at cutoff rate u hv to pay at upper end of the bid in this case 912/- when issue is fully subscribed company through registrar will announce the price at which it will issue shares. If ur price is lower then ur application will be rejected in toto. In this also i think 912 /- will be declared as cutoff. Already issue is on the verge of getting fully subscribed so apply 204 sh @912 opting cutoff.
297. Manish response |   Link |  Bookmark | October 12, 2017 8:07:56 PM
Plz guideme if I select cut off price through SBI asba then automatically share price shown is 912 I want to get 45 rs discount what I do ? Happy at cut off or happy at 912 - 45 967 plz guide me ?
296. harit |   Link |  Bookmark | October 12, 2017 8:06:39 PM
Please clarify
I have 4 demat account
If I subscribe 1 lot each
I will have to pay 56k
If I go with 1 account and choose 4 lot with same price
Is there any difference?!
295. Indrajitsinh |   Link |  Bookmark | October 12, 2017 8:05:43 PM
If any one apply gic ipo 912-45 =867 as cutoff and retail portion not subscribe full so they got share as per lower price band 855-45 =810?
294. Nishiket |   Link |  Bookmark | October 12, 2017 8:04:36 PM
Admin pls create page for Reliance Nippon... date and price band declared...
293. Kavant Zalavadia |   Link |  Bookmark | October 12, 2017 8:04:11 PM
Gic ipo bed ipo not apply this ipo because open discount
292. pragnesh soni |   Link |  Bookmark | October 12, 2017 6:26:37 PM
i am going to apply 240 shares @ 810 full application 194400/- Rii category
{240shares*810 (855 lowest price bid - 45 discount = 810) 240 x 810 = 194400/-}
i think this the best way to getting allotment at low price instead of avoid it.
292.6. pamu |   Link |  Bookmark | October 12, 2017 7:14:19 PM
Yes, Bank will be paying interest during the application processing period.

https://www.sbi.co.in/portal/web/personal-banking/asba
292.7. Gyani |   Link |  Bookmark | October 12, 2017 7:14:32 PM
Bhai tughe jese dalna daal de...
291. Kavant Zalavadia |   Link |  Bookmark | October 12, 2017 8:03:19 PM
Gic ipo bed ipo not apply this ipo because open discount
290. stocktime |   Link |  Bookmark | October 12, 2017 7:45:08 PM
If issue is under subscribed and A applied 2lakhs @ cut off, B applied 2lakhs Q lower band, C applied 1 lot at cuff off, D applied 1 lot at lower band. At what price will each get allotment.

A and C will get more lots/shares at lower band ?
289. Hardik.Patel |   Link |  Bookmark | October 12, 2017 8:02:04 PM
Don''t Apply Lower Price Band.....Everyone apply cut off or 912 otherwise not allotted any single share.

SBI price band 685 to 700 and it subscribed in retails 0.81. I have applied 2 lot at 690 and not received any single share.

QIB oversubscribed already so company fix price 912.
288. manjitsingh |   Link |  Bookmark | October 12, 2017 5:55:16 PM (900+ Posts, 900+ Likes)
Grey market premium is disount 30 but relatively very very few trades.....
288.1. Harry Singh |   Link |  Bookmark | October 12, 2017 7:53:49 PM
paji already put 8 lac through 12 applications considering worst case scenerio of it listing on 10 percent discount,can take 50 k hit easily,can raise another 4 lac by tmr,wht shld ur advice put them in also or its enough??
287. Khedbrahma. |   Link |  Bookmark | October 12, 2017 7:47:45 PM
Gmp..?

Please
286. IPObooster |   Link |  Bookmark | October 12, 2017 7:42:26 PM
Gry market price will open by tomorrow after 2.30.... just wait n watch.... Better go n apply for LongTerm... no need to check GM price n all....Best of luck
285. Jain Sahab |   Link |  Bookmark | October 12, 2017 7:34:46 PM (300+ Posts, 200+ Likes)
I think Retail will not subscribed more than 65%