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48. Shareking  Oct 17, 2017 9:42:36 AM IST Reply

General Insurance Corporation of India IPO

In case GIC finalises issue price @ 912, some bid applications by retail category will be rejected

it means more than 80% shares will be allotted to QIB. QIB will not sell shares on listing day in case there is locking period for them.

so only 20% shares are tradeable. In case any other mutual funds make purchases, the listing may surprise and we see 1000+ price on listing day itself.

In case issue price is set @ 855, retail investors will get at 810/- per share.

Win win situation in both cases.

Congratulations to all retail investors
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48.6. Anjaan  Oct 17, 2017 1:30:34 PM IST

General Insurance Corporation of India IPO

bhagwan kare apki baat sahi ho.
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48.7. R.R.  Oct 17, 2017 2:59:25 PM IST

General Insurance Corporation of India IPO

It may not have huge listing gain but we can expect reasonably good gains(~10%) on listing day. LIC has applied heavily in this issue. Downside to this issue very limited. WIth the kind of money inflows into MF nowadays, GIC could fetch good returns even if we hold for a medium/long term.
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47. Shareking  Oct 17, 2017 12:13:25 PM IST Reply

General Insurance Corporation of India IPO

JUST FYI

An anchor investor refers to a qualified institutional buyer (QIB) who applies to invest in a company going public a day ahead of the issue opening. In 2009, SEBI had first introduced the concept of anchor investor in public issues. The key difference of QIBs investing in the IPO and those coming in as anchor investors is that, the latter are not bound by proportional allotment if the issue is oversubscribed but they have a share lock-in period of 30 days from the date of allotment in the public issue.
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46. Shareking  Oct 17, 2017 11:01:20 AM IST Reply

Indian Energy Exchange Ltd IPO

Dear investor,
Shares have not been allotted to you for
IEX and Lien of Rs 14850.00
will be vacated from your account.
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46.1. Saurabhaga  Oct 17, 2017 11:05:13 AM IST

Indian Energy Exchange Ltd IPO

Share not alloted means what?

How can u say that shares are not alloted to investors... any reason?
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45. Shareking  Oct 16, 2017 4:05:16 PM IST Reply

General Insurance Corporation of India IPO


i have sent emails to below mentioned email ids to confirm issue price

investors.gic@gicofindia.com

gic.ipo@karvy.com
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45.3. AKH  Oct 16, 2017 10:10:43 PM IST

General Insurance Corporation of India IPO

They r discussing about final issue price nt price band
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45.4. AKH  Oct 16, 2017 10:30:16 PM IST

General Insurance Corporation of India IPO

GIC
Bidding details

At upper price band 16.69 cr shares
At lowest price band 40 lac share and
At cutoff for 2.32 cr shares

When there is highest demand at upper band then why government will issue at lower price band

However government or company have right to reduce price from price of highest demand
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44. Shareking  Oct 14, 2017 1:58:49 PM IST Reply

General Insurance Corporation of India IPO


LIC makes Rs8,000 crore bid in GIC Re IPO -Livemint

This is a good news for retail investors. If LIC has bid for Rs. 8000 crores, it will not sell shares on listing day so there will be less selling priessure

LIC may buy more from open market

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44.1. Rajkumar Bhuj  Oct 14, 2017 2:04:54 PM IST

General Insurance Corporation of India IPO

They will not get allotment for all 8000 Cr. and hence they may use the saved money for listing.
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44.2. ABG  Oct 14, 2017 2:57:45 PM IST

General Insurance Corporation of India IPO

Why should LIC buy now ? It was just an attraction. If you r thinking that the govt will force again on listing day to buy some more shares then what was the need for ipo I mean they could have allotted all the shares through private placement to liC. It is a bull market trap & govt is reducing its stake in most of PSU in this bull market either through OFS or IPO by giving a chocolate to RII because they very well know that most govt units are inefficient & may not be able to sell shares at such high valuation in future.

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43. Shareking  Oct 13, 2017 5:54:52 PM IST Reply

General Insurance Corporation of India IPO


Robust growth, healthy dividend record make GIC offer attractive
Source: Economic times

India''s largest and the world''s 12th biggest reinsurance company, General Insurance Corporation of India (GIC), plans to raise upto Rs 11,373 crore from the primary market.

Of this, upto Rs 1,569 crore will be infused as fresh capital into the company while the remaining will be collected by the central government through stake sale. Given the company''s strong growth and consistent dividend record, the demanded IPO valuation looks reasonable.

Business
Incorporated in 1972, GIC is in the business of insuring the risk taken by insurance companies in India and overseas. Its product portfolio includes agri culture, engineering, health, fire, marine, and motor among other business lines.

In FY17, it collected Rs 33,740.8 crore in gross premiums (GP) of which over 30 per cent was from international business. Its overseas GP grew at an annualised rate of 25 per cent while total GP (India and overseas) grew 48.7 per cent between FY15 and FY17

Read more at:
http://economictimes.indiatimes.com/articleshow/61015078.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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42. Shareking  Oct 13, 2017 5:17:31 PM IST Reply

General Insurance Corporation of India IPO

No risk no gain. I still believe the listing will be positive

those who have taken risk may be rewarded by GIC if issue price is finalised at 855.

Disc: i have applied in this IPO
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41. Shareking  Oct 13, 2017 1:02:13 PM IST Reply

General Insurance Corporation of India IPO

If you apply at cut off and company decides issue price lower than cut off price,

you will be allotted with issue price - retail discount = allotment price per share

so i suggest to apply at upper price band
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41.1. Ghatol  Oct 13, 2017 1:04:08 PM IST

General Insurance Corporation of India IPO

Please get your concepts clear
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41.2. Shareking  Oct 13, 2017 2:09:06 PM IST

General Insurance Corporation of India IPO

concepts are very clear

allotment price per share for retail category will be

issue price - 45
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40. Shareking  Oct 12, 2017 10:21:35 AM IST Reply

CMM Infraprojects Limited IPO

Have patience
those investors who do not have patience should stay away from share market
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40.1. STOCKT  Oct 12, 2017 10:24:54 AM IST

CMM Infraprojects Limited IPO

YES TRUE. IT WIL START MOVING UPWARDS ONCE RETAILER EXIT
AS RETAILERS NEVER UNDERSTAND BUSINESS AND TRUE VALUE OF STOCK THEY GIVE UP SO EASILY

DO THEY KNOW ITS AVAILABLE AT 10 P/E WITH 600 CRORE ORDER BOOK AND ITS GROWTH IS AMONG HIGHEST IN INFRA
REMEMBER PSP PROJECTS DID NOT DO WELL ON LISTING BUT THEREAFTER WENT HIGHER AND IS NOW UP 50 PC THAN ISSUE PRICE

THIS ONE TOO WILL START MOVING HIGHER SOON IN COMING TIME
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39. Shareking  Oct 11, 2017 10:25:22 PM IST Reply

General Insurance Corporation of India IPO

3rd biggest IPO of india till date

this will suck liquidity which may cause market to go down
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39.1. NRI Investor  Oct 11, 2017 11:55:07 PM IST

General Insurance Corporation of India IPO

It won''t happen this time.

Because MF Managers r sitting with 50,000 crores of cash right now. If FII is keep selling since last 2 months, now they also slow down to 500 crores per day.

If FII will keep selling then MF can keep buying till next 3months at least. And IPO blocked money will be released in 6 days.

So, don''t worry about market fall down this time.
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38. Shareking  Oct 11, 2017 3:06:14 PM IST Reply

Indian Energy Exchange Ltd IPO

Indian Energy Exchange IPO Hits Regulatory Glitch - Source: BloombergQuint

Indian Energy Exchange Ltd.’s fundraise from anchor investors declined by more than half to Rs 130 crore after India’s largest power trading platform revised the pre-IPO allotment amid confusion over foreign investment norms.

Some of the custodians of foreign investors objected to the interpretation of regulatory norms regarding their investment, Satyanarayan Goel, managing director and chief executive officer at IEX, told BloombergQuint over the phone. IEX is awaiting clarification from the Securities and Exchange Board of India, Goel said.

Anchor investors are large institutions that are allotted shares ahead of an initial public offering to boost demand. Their share is part of the portion set aside for qualified institutional buyers. In case of IEX, half of its Rs 1,000-crore initial public offering was set aside for QIBs. And 60 percent of the QIB share was to be allotted to anchor investors.

IEX allocated about 18.20 lakh shares at Rs 1,650 each to anchor investors to raise Rs 300 crore on October 6, its exchange filing showed. Due to the regulatory confusion, the company revised the allocation to about 7.9 lakh shares at Rs 1,650 each totalling Rs 130 crore, according to another notification to the exchanges.

The company shifted Rs 170 crore from anchor allocation to QIBs, whose share now stands at Rs 370 crore, Goel said.

The power exchange’s IPO was subscribed 102 percent by 2:15 p.m. on the final day of the issue. Its shareholders, including private equity investors and Tata Power Ltd., are looking to raise Rs 1,000 crore by selling 20 percent stake. “We are confident the initial public offering will be oversubscribed,” Goel said.

Source: BloombergQuint
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38.1. T.agarwal  Oct 11, 2017 3:13:49 PM IST

Indian Energy Exchange Ltd IPO

to ab QIBs ka qot kitna hogya
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38.2. MickeyP  Oct 11, 2017 3:20:36 PM IST

Indian Energy Exchange Ltd IPO

Dear ShareKing Sir,

Thank you so much for sharing this article. So that means QIB quota gets 1030303(170 crore divided by 1650) more shares So total QIB quota would be 22,43,383 + 1030303 = 32,73,686.
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37. Shareking  Oct 11, 2017 12:47:37 PM IST Reply
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36. Shareking  Oct 11, 2017 10:09:36 AM IST Reply

CMM Infraprojects Limited IPO

When is the listing?
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35. Shareking  Oct 10, 2017 4:01:25 PM IST Reply

CMM Infraprojects Limited IPO

Nil in Beta
but got allotment in CMM
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35.1. SecTheta  Oct 10, 2017 6:40:54 PM IST

CMM Infraprojects Limited IPO

Almost everyone has got allotment in CMM. Hope the interests of QIBs and HNIs continues and the listing happens with UC :)
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35.2. PATINA  Oct 10, 2017 8:14:02 PM IST

CMM Infraprojects Limited IPO

Yes. even i have the same opinion. At least expecting UC on day1 of its listing.
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34. Shareking  Oct 10, 2017 4:02:23 PM IST Reply

Beta Drugs Limited IPO

Nil allotment
got CMM
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33. Shareking  Oct 9, 2017 11:43:23 AM IST Reply

CMM Infraprojects Limited IPO

Allotment status should be out by late evening today for both CMM and Beta
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32. Shareking  Oct 4, 2017 11:47:03 AM IST Reply
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32.1. bhanu prasanth  Oct 4, 2017 12:28:31 PM IST

Beta Drugs Limited IPO

Applied in retail or NII or multiple retails applications
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32.2. Shareking  Oct 4, 2017 2:17:48 PM IST

Beta Drugs Limited IPO

Retail, one application
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31. Shareking  Sep 18, 2017 7:26:01 PM IST Reply

Cadsys (India) Ltd IPO

Reasonably priced
good issue
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31.1. Shareking  Oct 4, 2017 11:02:43 AM IST

Cadsys (India) Ltd IPO

i was the first to recommend this
but i myself didnt get any allotment :-)

bad luck
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31.2. Umang & his ultrasonic uproar  Oct 4, 2017 1:43:40 PM IST

Cadsys (India) Ltd IPO

We feel sorry for u shareking. They would have given one lot less to me & alloted to you.
Because if you don''t hold any share then you don''t visit this page often and we miss u
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30. Shareking  Oct 4, 2017 11:46:49 AM IST Reply
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29. Shareking  Sep 27, 2017 9:52:13 PM IST Reply

Shree Ganesh Remedies Ltd IPO

reasonably priced
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