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General Insurance Corporation of India IPO Message Board (Page 64)

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224. IPO Jackpot |   Link |  Bookmark | October 12, 2017 11:00:19 AM
ADMIN- pl post reliance Nippon IPO details .IPO is opening on 25.10.2017.
223. MickeyP |   Link |  Bookmark | October 12, 2017 10:59:32 AM (300+ Posts, 500+ Likes)
LiveMint : LIC makes Rs8,000 crore bid in GIC Re IPO!
222. KING VINOD |   Link |  Bookmark | October 12, 2017 10:27:59 AM
IPO Guru IPO Guru (2500 Posts, 5400+ Likes)
Reliance Nippon IPO opens on 25 Oct. Price band fixed at 247-252
221. Arjun Patel |   Link |  Bookmark | October 11, 2017 9:26:20 PM
Big Daddy
Big Game
Big Return!!!

After reading Draft for five hours. What I Concluded that Why shouldn''t I apply in this.
Hence Decided to apply.
Question is will you get Listing Gain

I will say Yes.

Iex was Avoid
Godreg Must Apply
Mas Listing Gain
GIC Apply.

Now with GIC premium grew by 72%
Isn''t is good?
Govt is focusing on Financial Incrusions. Hecne valuation is ok ok Not High Not Discount.
Bottom Line is low but with Global REins it''s even worse. All the claims loss are on Re INS company Hence it''s margin will be low.

It''s a monopoly Company but Peers as Risk of foregin co. Purely managed by Govt.
Sound Growth Modi Govt is Bullish in this segment.
It''s coming at 3.6-3.9X it''s Bv
What''s else You Need.

Hence Go for it take Risk.
What worse can happen it might list at 850/-
Retail will get 17/- loss per share
Govt is not fullish. It has Long Disinvestment plans. Lead Bankers are Smart.
LIC SBI New India and Other PSU are sitting on huge cash. They govt won''t make it list at Discount.
Retail will get at least 45/- Lollipop...
New India Insurance
HAL
IRCTC
NHAI Many More
IPOs are lined for this Fiscal.

Go And Apply
Loss on 2 Lac Application Max 3808/-
Gain on 2 lac Application Min 8000/-

Long term Players Apply Blindly Definitely you will Get 1000/- next Year.

Grey Players have kept premium Very low.
Ignore and Apply.

Financials are strong Promoter are good. Vision is Great. Company. Only Margins are low
Arjun
221.16. manjitsingh |   Link |  Bookmark | October 12, 2017 9:54:00 AM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Ankitxyz 1250/5 =250 eps is 5rs not 10 rs.......shortly u will se pe of 1350/5 = 275.....
221.17. Ankitxyz |   Link |  Bookmark | October 12, 2017 10:07:49 AM (300+ Posts, 300+ Likes)
I think you forget to read word ''''estimated''''. It is based on estimated EPS 2017-18.
220. maharshee |   Link |  Bookmark | October 12, 2017 10:04:44 AM
We really miss eagleeye and septa. We need your advice for this issue
219. ARHAT KUNDALIA |   Link |  Bookmark | October 12, 2017 10:00:28 AM
Reliance Nippon IPO
25-27 October
Price band 245-252
218. sha dows |   Link |  Bookmark | October 12, 2017 8:58:52 AM
Apply with full force for full lots. Maximum lots, maximum gain
217. sha dows |   Link |  Bookmark | October 12, 2017 8:58:42 AM
Apply with full force for full lots. Maximum lots, maximum gain
216. Watchful eye |   Link |  Bookmark | October 12, 2017 8:31:31 AM
At Price to book of 3.89 as ompared to abt 8 of Icici lombard insurance and PE of 31 and Rs 45 discount to retail investor it is worth investing. Margin of safety very much there. May not hv listing gain if you r looking for but surely you will get really good return if you hold for about a year. Not for " bhajiya " khane walo ke liye.
215. Aniketiaf |   Link |  Bookmark | October 12, 2017 6:30:33 AM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
Godrej Agrovet allotment will be 2nd half of today . BEST OF LUCK TO ALL OF US.
214. ANUJ TAHLAN |   Link |  Bookmark | October 11, 2017 11:48:12 PM
agar ye ipo undersubsribe rahta h retail m to 1 lot lagauga low 855 pe taaki ye pta lag sake ki under subscription m low amt pe share alot hote h ya nhi
214.3. bhavesh.ADI |   Link |  Bookmark | October 12, 2017 12:30:28 AM
Applied in SBI life @ 685 didn''t got allotment
214.4. Rahul Krishna Agarwal |   Link |  Bookmark | October 12, 2017 4:54:45 AM
If the issue is over subscribe, and the company decide to issue shares at higher end, then, even though the retail cost is 45 rs less than max price, any one in retail applying below max price or below cutoff price, shall not get allottment, even though retail is under subscribe. I hope I have been able to make it clear. Retail must always apply at cutoff for best results specially where there is discount for retail.
213. go green |   Link |  Bookmark | October 12, 2017 3:17:14 AM
jyada bada hone ke karn dimand low supply full rahega is liye gain kum he varna maximum subscribe hota or listng gain bhi karta, maximum customer gic me bharosa karte he(if option) or invester ka bhi bharosa dikhega is it true?
212. Ravi Kant |   Link |  Bookmark | October 12, 2017 12:47:52 AM
TABLE - Comparison of Net worth or Book value per share (real) (Figures in Rs. in crores)
-------------------------------------------------------------------------------------------------------------------------
Particulars GIC SBILife ICICILombard
Capital 430 1000 451
Reserves 19539 4465 3274
Book value 19969 5465 3725
Fair value Change A/C 30037 88 175
book value after FVCA 50006 5553 3900
BV per share after FVCA 581 56 86
CMP/Issue price appox 912 690 685
Real price to book 1.57 12.32 7.97

* Source DRHP
** fair value Change account represent change between market value and book value of Investments. For example, GIC''s books are showing listed shares of Rs. 1000 and the market value of those shares as on 31.03.2017 was 5000, then FVCA will show 4000 balance.


Verdict : Hugh growth potential, Apply with full force, upto Rs. 2 Lac per app subject to availability to funds and individual appetite.

Note : I am not an agent of FINMIN, GIC or GOI. I will not get any brokerage from Lead Manager if this issues sails thriugh smoothly.



212.1. Ravi Kant |   Link |  Bookmark | October 12, 2017 12:51:38 AM
this Company is a real Gem. Actaul net worth at current market value is around Rs. 50000 crores and at Rs. 912 , it is seeking a market cap of appox rs. 80000 crores. This is really mind blowing.

This can prove to be another Coal India.
212.2. dvpotdar |   Link |  Bookmark | October 12, 2017 2:36:41 AM
Disclosure ????????????
211. NPT |   Link |  Bookmark | October 11, 2017 11:41:48 PM (200+ Posts, 300+ Likes)
Message for Mr. Septa ji.
Respected Sir,
I don''t know whether ason date you are in this forum or not. But i just wanted to convey my gratitude to you for guiding us through this platform during the last couple of years. I joined this platform in Jan.2017 only and really I was feeling comfortable for applying to ipos after going through your analysis.
I salute you for your analysis on CL Educate, S Chand and Shankara Building among a few.
Thank you once again, Sir.
211.1. Hari ji |   Link |  Bookmark | October 12, 2017 1:49:31 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
@NPT you right we all very miss SEPTA SIR.
please come If possible septa sir.
But your absent some experts very help us like gamble sir, uchit sir, arjun sir chem cho sir, King vinod and other experts
Thanks to all experts.

210. VikBan |   Link |  Bookmark | October 12, 2017 1:25:46 AM
The trend of insurance IPOs shows that within a week time they are available to buy below issue price after listing. So it is better to watch after listing and buy from secondary market
209. Kickass |   Link |  Bookmark | October 12, 2017 1:22:39 AM
COMPARE TO GLOBAL PLAYERS VALUATION OF GIC IS VERY HIGH. GLOBAL TOP 10 PLAYERS LIKE EVEREST RE, REINSURANCE GROUP OF AMERICA, SWISS RE, PARTNER RE, HANNOVER RE AND MUNICH RE HAVE PE LESS THAN 10 AND PB OF 1 - 2.
208. Rkg |   Link |  Bookmark | October 11, 2017 10:17:50 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
What is the maximum lot size for retail investors?
208.3. J S Shah |   Link |  Bookmark | October 11, 2017 11:58:28 PM
224 SHARES
208.4. bullishtiger |   Link |  Bookmark | October 12, 2017 1:18:04 AM
RSD it is 224 as we have discount in retail
207. Shareking |   Link |  Bookmark | October 11, 2017 11:25:22 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
3rd biggest IPO of india till date

this will suck liquidity which may cause market to go down
207.1. NRI Investor |   Link |  Bookmark | October 12, 2017 12:55:07 AM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
It won''t happen this time.

Because MF Managers r sitting with 50,000 crores of cash right now. If FII is keep selling since last 2 months, now they also slow down to 500 crores per day.

If FII will keep selling then MF can keep buying till next 3months at least. And IPO blocked money will be released in 6 days.

So, don''t worry about market fall down this time.
206. Jain Sahab |   Link |  Bookmark | October 12, 2017 12:51:46 AM (300+ Posts, 200+ Likes)
QIBs always apply with 3-5 yrs horizon
They bet on future
205. masoom |   Link |  Bookmark | October 12, 2017 12:19:43 AM
3      Retail Individual Investors(RIIs)      4,35,94,532      8,19,376      0.02
3(a)      Cut Off            6,44,448      
3(b)      Price bids            1,74,928