General Insurance Corporation of India IPO Message Board (Page 51)

484. ~~IPONew~~ | Link | Bookmark | October 13, 2017 2:59:19 PM

Final Message.

BSe .2919
nse .87

Very low subscription..

Good leasson to other company.

Hope fully.

Bye bye GIC

Latest GIC Subscription
http://stocksipo.info/DefaultDetails.aspx?Id=2

483. SANJEEV SOOD | Link | Bookmark | October 13, 2017 2:57:31 PM

Top Contributor (300+ Posts, 100+ Likes)

made 1 full application @@@@ 855

482. Rakesh goyal | Link | Bookmark | October 13, 2017 2:55:23 PM

go ahesd 485 karvy cant do nothing in this u will get full allotment and profit of 7k-8k rk goyal

481. Ankitxyz | Link | Bookmark | October 13, 2017 2:54:44 PM (300+ Posts, 300+ Likes)

Lollipop(Discount) is now dangerous. Biggyyy will intentionally bid at 5% discount on listing day. So I am avoiding.

480. sree vas | Link | Bookmark | October 13, 2017 2:54:12 PM

Top Contributor (500+ Posts, 100+ Likes)

applied for 1 lot

479. Nicks Jain | Link | Bookmark | October 13, 2017 2:53:02 PM

IPO Mentor (700+ Posts, 900+ Likes)

Its a Complete Flop Show.
Definitely risker to apply just to take discount benefit.
Flop Show

478. T.agarwal | Link | Bookmark | October 13, 2017 2:52:16 PM (800+ Posts, 1800+ Likes)

*General Insurance Corporation of India*
FINAL DAY SUBS.FIGURE AT 02:47 pm
QIB 2.01X
NII 0.12X
RII 0.39X
EMP 0.76X
TOTAL 1.16X

Total No.of FORMS : 422737
*Apps Wise : 0.16X*

477. Rakesh goyal | Link | Bookmark | October 13, 2017 2:50:59 PM

THINKE REVERSE THAN GENERAL PUBLIC RISK REWARD RATIO IS TOO MEARGE

476. Rakesh goyal | Link | Bookmark | October 13, 2017 2:48:28 PM

IT WILL NT LIST BELOW 900,SO 900-867=33x224=7392 PER APPLICATION PROFIT RK GOYAL

475. beejedee | Link | Bookmark | October 13, 2017 2:43:55 PM

Had they gone for Private Placement to LIC than lot of Government and Public Money would have been saved...

475.1. BullOverBear | Link | Bookmark | October 13, 2017 2:47:40 PM

Top Contributor (300+ Posts, 100+ Likes)

On lighter side

They need LIC money for other fully-priced IPOs ;)

474. Admi | Link | Bookmark | October 13, 2017 2:47:19 PM

If u apply at 855 i.e. lower bids and if GIC does not lower price of allotment/ then your application will get rejected.

If you apply at cutoff - discount, and if GIC revises a price at say 855 then - you will anyway be charged 855.

473. Rakesh goyal | Link | Bookmark | October 13, 2017 2:46:39 PM

I APPLED 3 APPLICATION WITH 2LAKH GO AHESD U WILL DEFINATELY GAIN 8K-9K FOR ONE APPLICATION RK GOYAL

472. Hari ji | Link | Bookmark | October 13, 2017 11:25:20 AM

Top Contributor (400+ Posts, 400+ Likes)

@KING VINOD
What you do apply or avoid boss?

472.1. KING VINOD | Link | Bookmark | October 13, 2017 2:46:31 PM

IPO Guru (2400+ Posts, 5300+ Likes)

General Insurance Corp of India Ltd IPO
Clearly Avoid
Iam Not applying

471. sree vas | Link | Bookmark | October 13, 2017 2:45:34 PM

Top Contributor (500+ Posts, 100+ Likes)

i am applying for 1 lot to take advantage ofhe discount we have even if it lists at 912

471.1. sree vas | Link | Bookmark | October 13, 2017 2:46:21 PM

Top Contributor (500+ Posts, 100+ Likes)

like how people gained in matrimony by shorting

470. Kamal Sharma | Link | Bookmark | October 13, 2017 2:30:32 PM

Friends, As I understood that it''s not worth applying in this IPO from listing gain point of view. So is there any possibility to withdraw our application. 1 applied through ICICI Direct and One applied through ASBA ICICI Saving bank account and DP is Angel.

Please Suggest

Load more comments (3 replies)

470.4. VALUE INVESTOR | Link | Bookmark | October 13, 2017 2:45:53 PM (900+ Posts, 600+ Likes)

You need to do above steps before 3 PM.

470.5. Am A | Link | Bookmark | October 13, 2017 2:46:16 PM

There is, but most banks don''t allow withdrawal after certain time limit.

There should be an option of withdrawing in the "Order Book" section. Try it!

469. PKK | Link | Bookmark | October 13, 2017 2:45:34 PM

When Rii is not fully subscribed
You want to apply second one with same PAN just in a impression that both your applications will be rejected
Suppose your plan is not successful and you get both the allotment. Then?
Nothing is impossible
But one can try

468. Solution of Queries | Link | Bookmark | October 13, 2017 2:40:55 PM (1100+ Posts, 1400+ Likes)

1.13 x times subscribed till now , in it 0.71 x around LIC bid.......

468.1. manjitsingh | Link | Bookmark | October 13, 2017 2:43:43 PM (900+ Posts, 900+ Likes)

THEY WILL TAKE REMAINING FROM OPEN MARKET

468.2. Solution of Queries | Link | Bookmark | October 13, 2017 2:44:13 PM (1100+ Posts, 1400+ Likes)

manjit bhai , how many lots u bidded ???

467. haripo | Link | Bookmark | October 13, 2017 2:43:59 PM

in HDFC bank one can bid till 5pm

466. SHINE | Link | Bookmark | October 13, 2017 2:12:37 PM

GIC 2 PM
QIB. 1.97
NII. 0.06
RII. 0.35
Eeee. 0.62

Overall. 1.12x

Better withdraw r apply at 855
Choice is its
I have applied at 855 one lot
Net price 85&-45=810

Load more comments (2 replies)

466.3. ganesh jaiswal | Link | Bookmark | October 13, 2017 2:27:15 PM

IPO Guru (1000+ Posts, 700+ Likes)

the bids below the issuance price will be rejected whether retail quota subscribed or not. it does not matter

466.4. Watchful eye | Link | Bookmark | October 13, 2017 2:43:02 PM

Withdraw and put at cutoff

465. Earthking | Link | Bookmark | October 13, 2017 2:42:19 PM

IPO Mentor (1100 Posts, 400+ Likes)

Gic may surprise everyone by giving 2-3 % listing gain ...

Factor 1 : govt has lined up other insurance so need to make this sucess ....
Factor 2 : market mood changed from fear to positive

Let''s hope for the best ... I applied full lot