Godrej Agrovet Limited IPO Message Board (Page 54)

Investor category = RII
Investor type = ? ???
in PNB ASBA Please help

Investor category=RII
Investor type= IND
please use above in PNBASBA

Investor category = RII
Investor type = ? EITHER IT WILL BE = IND RIGHT
in PNB ASBA Please help

I tried to apply for Godrej Agrovet through union bank of india ASBA ,but this IPO is not listed .Can anyone help pls

Now its listed in union bank of india ASBA... You can apply now!!!!

just applies 32shares.. In union bank of India

I applied

General Insurance Corporation of India (GIC Re), a government-owned general reinsurer, will launch its Rs 11,500 crore initial public offering (IPO) next week, said people with the direct knowledge of the development. The offering will be biggest since Coal India’s Rs 15,200-crore IPO in October 2010.

It will also be the third-largest IPO in the history of domestic market. GIC Re’s comes close on heels of two successful big-ticket IPOs from the insurance sector. Last month, IPOs of SBI Life Insurance Company and ICICI Lombard had raised Rs 8,400 crore and Rs 5,700 crore respectively. Both the offerings had seen healthy demand from institutional investors.

GIC Re had filed its offer document with market regulator Securities and Exchange Board of India (Sebi) in August. According to the draft red herring prospectus (drhp), GIC Re’s IPO comprises of fresh equity issuance of 17.2 million shares and an offer for sale of 107.5 million shares by the government. The government’s stake sale could be worth Rs 9,920 crore, while the fresh issuance by the insurer could be worth Rs 1,580 crore. The IPO could lead to dilution of about 14.2 per cent stake.


GIC Re’s IPO is part of the government’s 2017-18 disinvestment programme. So far this fiscal, the centre has raised close to Rs 15,000 crore as against targeted Rs 72,500 crore. The success of GIC Re''s offering will give a boost to the disinvestment kitty.

The centre is also looking to list four other non-life insurance companies which include New India Assurance, National Insurance, Oriental Insurance, and United India Insurance. Investment banking sources say New India Assurance is next in line to hit the market.

GIC Re had posted net profit of Rs 3,140.6 crore in FY17, up 11.2 per cent over FY16. Gross premium earned by the company in FY17 had risen to 82 per cent to Rs 33,740.8 crore, from Rs 18,534 crore in FY16. The net worth of the company as of March 2017 was Rs 49,550.8 crore from Rs 40,870.3 crore in the year-ago period. The fresh issue proceeds will be used by GIC Re to augment its capital base and for other corporate purposes.

Citigroup, Axis Capital, Deutsche, HSBC and Kotak Mahindra Capital are the investment banks handling the GIC Re IPO.

New India Assurance - another big IPO 8000 cr gets approval from Sebi.

Retail ke one time ke liye kitne app. required hogi

bhav..??

General Insurance Corporation of India IPO Price Band 855 to 912 with 45 rupees discount to Retailer EPS for 2016-17 =37 approx
PE @ 912 = 25 Approx 27. 3 lakh Applications needed for 1x subscription.

Some Movement already 10% bid in Retail category:
http://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=3512

what is the best category under which a retailer can apply for a IPO such that at least few shares allocated ?
I am thinking Non-Institutional / Other Investor please help

Best category for retail investors is Retail Individual Investor (RII).

Valuations are reasonable and leaves scope for listing gain. A good stock for portfolio investors.

fully agree

Investor category = RII
Investor type = ?
in PNB ASBA Please help

Any one applied for Godrej Agrovet? It is not available in Axis Bank''s IPO list

Update here if its shown up in Axis bank''s list.

Its showing in Axis bank Asba, I just applied.

Godrej Agrovet

Grey Market Premium      100-110

Kostak Rates 400-450

Why this IPO is not showing in my Kotak ASBA ?

Not showing in Axis bank Asba too.

Its showing in Axis bank Asba, I just applied.

I M NEW USER.. CAN I APPLY TO THIS IPO ?... WHICH AMT. TO BOOK PROFIT. ANY ONE CAN IDEA EXPERTS ? PLEASE GIVING SOME SUGESTION. THANKS FOR ADVANCE

Anil ambani must properly manage his company first rather than managing asset of others....

Anil ambani must properly manage his company first rather than managing asset of others....

UPCOMING IPO:

GODREJ 4-6 October

Mas 6-10 October

Iex 9-11 October

General insurance 11-13 October

Reliance amc 16-18 October

Hopefully we can use refund off godrej agrovet in gic ipo....its 13th last date and refund also on 13th.....

Reliance AMC pertain to npa group anil Dhirubhai ambani.it is definitely sure that every level of entry you will exit with loss. RCom, rpower......sorry repeat again......

*General Insurance Corporation Of India IPO Update*

Opens On: *11-Oct-2017*

Closes On:  *13-Oct-2017*

Price Band: *Rs. 855 to Rs. 912*

Bid Lot: *16 Shares* & in multiple thereafter

Discount: *Rs. 45 per Shares* to Retail Investors & Eligible Employees

Face Value: *Rs. 5 per Share*

Issue Size: *12,47,00,000 Equity Shares*

Employee Reservation: *Rs. 11.68 Crs*

Net Issue Split: *QIB 50%, HNI 15% & Retail 35%*