General Insurance Corporation of India IPO Message Board (Page 70)

This is mammoth. Only investor with holding capacity should invest in this. You may not see big fire crackers here. Invest with 1-10% listing gain only including 5% retail discount.

How is GIC IPO????

If the forum does not want me to post, its ok. I just wanted to know the reason for suspension so that i can improve myself.

Hi ravi
Your analysis is very informative to many people. Somebody has played mischief. Pls cobtinue yoyr gud worj in this forum.
Cheers

SUMMARY
GIC IPO review reveals that the company has all the elements of a successful listing – fundamentally-strong business, stable balance sheet, positive industry outlook and attractive pricing.
Rating 4 star out of 5 (As per IPO Central.in)

GIC IPO-

Largest reinsurer, good growth top line and bottom line etc etc.

Some interesting facts:

No peer available in India for comparison. Can''t compare with ICICI Lombard, Prudential or SBI Life.
If we compare with world''s largest reinsurer Munich Re, Swiss Re, Hannover Re then all these available at P/E of 10 to 13. Though insurance sector in India and Europe-America is totally different.

GIC is asking P/E of more than 40. It is very high. If we compare with ICICI or SBI life it looks cheap. But it is wrong comparison.

One good thing is retail discount of about Rs. 45. Another good thing is promoter is Government of India and it''s disinvestment target of 2017-18, 75000 crore. Almost half year passed but disinvestment target not even reached to half. More government companies including insurance lined up for IPO, OFS.

Listing is at same price or 50 Rs. more. Retail investors will make 45 discount + 50, around 100 Rs. Each retail investor will surely get 1 lot because issue size is big. In long term it will reward more but holding period is more may be years.

Gambelji,
Still not convinced with IEX. Still understanding it''s business model, financial nos, long term business prospects etc. Sometimes it looks like MCX or BSE is better than IEX.
Let''s see response from QIB, NII.

I think Better To Skip IEX AND Go For
GIC

BSE AND MCX Are look Solid Business Model then IEX

It us Just My analysis New to this Forum

Just to mitigate the risk of getting trapped in this big size IPO, I will not use cut-off price option. Instead will apply for 96 shares @ Rs 855; 48 shares @ Rs 880 and 16 shares @ Rs 912- amount will be blocked for the highest value of these 3 bids.

on what basis karvy is made the registrar in all these issues? is it the lottery among the registrars that karvy never loses? who allots such rights to karvy on a consistent basis? have other registration firms decided to shut shops? whats so good / great about karvy that others lack?

Share of rupees 5/- issue price 912/-
It means 912 × 2 = rupees 1824/- issue
Price of share value of rupees 10/''
And issue for about 10000 carores
Is advisable to apply for getting any benefit
Please sujjest advisable to apply or not

Looking at the last two IPO of ICICI and SBI, much listing gain will not be expected out of it in GIC. From the last two IPO experience, it was found that supply is more than demand and lack of grey market participant interest, led to under subscription of retail portion. In the same manner, no attractive grey market is seen for GIC as well thus it is advisable to apply on last day after looking at the QIB and HNI figures.

Retail portion will be fully subscribed

Gmp and kostak of GIC

Dear Admin
My original id was in the name of Ravi Kant, but it shows my account has been suspended. I am 100% sure that i never use any foul language. Just to protest I have created a new id and request you to kindly let me know the reason for suspension.

Good bye

I personally find your inputs useful.

Please suggest whether we should apply this ipo or not and what is GMP?

max lots in retail is 13 or 14 as there is discount .. gamble bhai batao

My opinion on GIC: Even if NII/RII oversubscription is low due to size of issue, there will be enough hunger from QIBs. That did not get allotment, that they will lap it up on listing.
This will be a redux of Coal India IPO where everyone got allotment and got bumper listing as Diwali gift.

As per Dalal Street, this IPO is available at 1/2 the valuation of ICICI Lombard, therefore its a must apply for retail investors considering additional 5% discount. Since the size is large, we should apply 2 lac application and not small 15k application.

Ravi kant Bhai, asluckwarm response was there for recent insurance company IPOs, whether same luckwarm response may be there for GIC also or can we expect listing gains?

Ravi Kentucky how to apply in HNI CATEGORY in SBI ASBA

Dear Invester,
Good Morning,
GIC ka IPO Medium or Long term ke liye achchha hai, magar jo log listing gain ke liye hi apply karte hai ye log bahut sambhalke apply kare, kyuki jo apply karega un sabhiko share allot ho shake itni quantityka IPO hai. SBI Life jaisa ho sakta hai. Aaj tak koi primum Grey marketme nahi chal raha hai.
Be careful, Best of luck.

My broker is not providing me printed forms. What is the situation with others. Such hugh IPO and no forms available. I think they are deliberately try to get lower response from retail side.

@mahaveer prasad gupta :- forget about printed forms, checks, bank branches etc. Go DIGITAL...
use online application only.

You may register yourself at nseindiaipo.com and print ipo form,and submit to ur bank or broker
Or apply online through your bank portal if you are using net banking

As luckwarm response was there for recent insurance company IPOs, whether same luckwarm response may be there for GIC also or can we expect listing gains?

QIBs will apply with full force in this Combo Pack (Life Insurance +General Insurance +Re-insurance). Even on listing day they will try to absorb the portion allocated to RII & NII. RII has nothing to worry in applying. Listing will be fancy for them even under bad market conditions.