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October 11, 2017 - October 13, 2017

General Insurance Corporation IPO Allotment Status Online

The basis of allotment for General Insurance Corporation IPO is available now.

To check General Insurance Corporation IPO allotment status, follow the steps below:

  1. Click on the below allotment status check button.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Kfin Technologies Limited either by phone or email. Investors can call on 04067162222, 04079611000 or send an email with all relevant details to gic.ipo@karvy.com.

General Insurance Corporation IPO Allotment FAQs

The General Insurance Corporation IPO allotment status will be available on October 18, 2017, as per the timeline provided in the red-herring prospectus.

Below are the steps to check General Insurance Corporation IPO allotment status online:

  • Visit the General Insurance Corporation IPO allotment status page.
  • Click on the green General Insurance Corporation IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the General Insurance Corporation IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of General Insurance Corporation IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The General Insurance Corporation IPO grey market premium gives some hint but the actual listing price is difficult to guess.

General Insurance Corporation IPO allotment status is expected on October 18, 2017. Click the green button General Insurance Corporation IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If General Insurance Corporation IPO oversubscribed in the retail category, the General Insurance Corporation IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The General Insurance Corporation IPO shares will get listed on Wednesday, October 25, 2017. The equity share of General Insurance Corporation of India will list on BSE, NSE.

The reason you didn't get the General Insurance Corporation IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).