General Insurance Corporation of India IPO Message Board (Page 72)

Manjit Bhai
i agree that we should apply with full force. but plz let me know what is this 4% NII? and how it becomes 9%

Ravi forget all it will list at 950..... start counting profit application wise.....subjected too nifty remain in 9800 to 9900 range.......This ipo is far better than sbi life and icici lombard....

paji m thinking abt giving a miss to MAS for applying in GIC frm all acc,is it a good idea according to u??nd is there any chance RII remail below 1x in GIC?

How do you plan to arrange funds for 19 applications, Very Short term Loans??? @ What ROI???

Harry apply in 1 lot off mas financial....if u r lucky u will get it and apply with full force in gic housing....u can use godrej ipo money in gic housing

ok thank you paji..IEE is clr miss i guess though bigger in size thn MAS

Pls explain your logic of 5% Retail + 4% HNI = 9% ... Am I missing some info?

paji MAS ch allotment lyi te tyhada formulaa lagana penaa,bt main dekh nai paya oh pehlaa hi dlt kr dita.

@rajkumar ji If QIB will apply for more than 40000 crore in this Ipo at 912 round about 20x oversubscription as expected ..Than why we r hesistating at 867...if still u have doubt than apply offline after QIB data on last day...As far as 9 % is concerned its all prediction as we r expecting listing at 950 ...9 % to retailors and 4 % at least for qib and nii

I Think one should apply for maximum in retail category, i.e 2 lacs.
Its Going to be BlockBuster IPO for this Diwali

Think 1X RII wont be difficult. Better to go with multiple applications than 2L.

Boss
in India, as of now, 27 lac applications are not possible. Highest 21 lac were there in Cochin shipyard. We should consider the fact that Cochin was having 1000+ rate per application in grey market. Here grey market rates are low, therefore not more than 15-18 lac applications will come. Therefore, good scope for full 2 lac applications. Every application with 2 lac will surely get 1 lot + 25% to 100% of the balance quota.

If grey market bhav improves, then also applications will not exceed 21-22 lac, still big applications will get 20% additional shares.

My 2 cents :
1. Apply atleast 1 lot if you have financial constrains
2. Apply upto 2 lac, if money is availabale

Makes sense. Hope the negative GMP does get worse.

FROM -10 GMP IT IS NOW + 5 RS.....IT WILL MOVE VERY FAST TOWADS 50 TO 55 LEVEL....DO NOT SELL KOSAK BELOW 1500 RS...

Hopefully we can get refund of Godrej by 12th October, as this Saturday is working day for banks.

Refunds wil be avalable dear on 12th evening itself

Reduce godrej to 5 lots by modality. So that funds will be there for gic. Anyway if lucky you will get 1 lot why block funds

Read modality as modifying

Your opinion, Jain sahab

Full 2 lac or 1 lot

I think 1 lot is good, that is also for long term
Since issue is of12.47 cr shares
Everyone will get allotment
If you can hold it for long term go for 1 lot only
I don''t see very much listing gain...

Since discount is available
You can apply with 1 lot

What is the possibility of getting full shares in 2 lac application. If chances are there, I would love to apply full as 5% discount is there. I dont care grey market premium.

I have a minor dmat in Sharekhan and apply thru SBI or ICICI bank account

Yes, I have been applying and I have received allotments quite a few times.

Yes. U can. Just u need an dmat account

Konsi bankse l apply kiya