General Insurance Corporation of India IPO Message Board (Page 9)

GIC NE TOH DHO DALA....

:-(

3 Full Apps with loss of morethan 50K....

GIC will be add soon in nifty.....as 4th largest listed company now in india !!

NEVER NEVER NEVER APPLY PSU IPO/OFS

Seems that in GIC IPO Govt of India has outdone Reliance Power promoter !

dont lose hope folks. we still have new India assurance coming up. that will surely fulfill all dreams. inWASTE in new India assurance and you might never need to invest again. trust me!

@Chem Cho
I am not afraid but will remain cautious even below 800 and will nibble only in small quantity. That is what I meant.

You are the best, hats off

It is reaching 810 now! Will it remain there and further improve??

LOSS 20K NOT 2K

HI BOOKED LOSS OF 2K IN TWO FULL APPLICATION NEVER GO FOR PSU IPO/OFS

Margin buy initiated @ 796 , now there is no sign of recovery.

what should i do square off at CMP ? or wait till 3 PM ?

At least hold for weeks with stoploss of 800 on closing basis.

I mean "2 weeks"

I hope GOI learns from this mistake and makes other upcoming PSU IPOs attractive with sensible price band. else we should stop subscribing to PSU IPOs and let LIC buy the whole IPO shares. luckily I didn`t subscribe to gic IPO...

Markets at all time high today , But no sign for bullrun in Capacit''e Infraprojects also....

Heavy subscription , flop show after listing.......4% down today also

Very Little attention by top borders today ,,,,,as all busy in PSU banks making money or loosing money lol..........No upside possibility in GIC in short term

Guys.

Please guide whether I should sell SBI share or keep it for more gains.

Decide for yourself bhai.. if its trading portfolio then book at least 60% profit but if investment portfolio then keep holding & forget that you''ve sbi.. cheers!

Sold all the shares At preopening rate....lost 17 rs per share ... govt will learn something from this....even grey market operators r in huge loss....we have taken a decision to invest not worked get out with minimum loss.....

@harry panic was created when preopening rate shows 710 rs sukar hai 850 is alsol gud rate..

wow didnt see that at all fortunately..m nt allow to sell pre open by broker so I sold on open with average around 858,almost break even.lets hope waheguru shower blessing to all retailers in future IPO..

Mitroon!, Don''t feel bad, your money has gone for development of the nation.

@Solution of Queries, You meant..
Lene wala jab bhi leta, leta #$%& phad ke ;-)

GIC Le gya thoda sa.....hopefully most of exited with minimum loss as they are telling...

but PSU banks ,,,,,,,,,ha ha " dene wla jab b deta , deta chapd phad k " !!

shall i wait for some trimming of loss or i should sell ?? can it go to 750 ??

GIC no of shares : 124,700,000 Govt selling : 107,500,000
day 1 mid day loss
To small investors 867 - 800 = 67 ie 8 % loss
50 % allotment to LIC as per broad mkt data ie small policyholder(appx)(at 712) = RS 44393200000Notional 1 day loss to LIC ie small policyholder @800 (912-800) =
RS 44393200000 x 112 = Rs 4972038400000 or 13% loss

Would the issue not fail without GIC bid to save the issue? Was exact info of quantum of LIC bid revealed on day 3 of issue to small investors as disclosure ? NO

Is this issue ethical ? Is this a loss to GOVT or to small unitholder and investor ?

Will u buy a lic policy henceforth considering that govt did not protect UTI 64 unitholders ??? Will you put money in any Govt co issue henceforth ?

YE KAUNSI CALCULATION HAI JISME ISSUE PRICE SE JYADA LOSS HAI

SABBY.
Its called golmaal.

The current dispensation in the government has only one motto "Jaha bhi jitna bhi ho sake, junta se nikalwa lo, akhir sarkar ko bhi to paisa chahiye hota hai apna ghar chalane ke liye".

It was not NECESSARY for the government to fix the price same as QIB price. They could have very well fixed the price at lower band to safeguard retail investors.

Par junta ki kaun sunta hai. Janta ki awaaz khali ek hi jagah chalti hai.....who hai chunav. Stock market mein bus paisa chalta hai.

Stay financially safe and alert, especially while investing in Stock markets...

NSE - Offer Price ------------------- 797.50 ============ BSE - Offer Price ----------------- 798.85
NSE - Total Bid Quantity -------- 367873 ============ BSE - Total Bid Quantity -------- 71967
NSE - Total Offer Quantity ----- 5650389 =========== BSE - Total Offer Quantity ----- 912846

Sellers 15 times more than buyers

Poor performance IPO .. don''t subscribe these insurance company IPO .. promoter government is looting people .. don''t subscribe new India IPO

Friends gic re has given more than one thousand crore dividend to govt how can it be loss making co. It is reinsurance co and reinsurance business huge in the
world this co is 8 th in world ranking.

As I said earlier this ketly I not going to give anything to retailers
Looteri Government he