General Insurance Corporation (GIC) IPO Dates, Price Band, Market Lot Details

General Insurance Corporation (GIC) IPO Review:

• Apply with Long term view

General Insurance Corporation (GIC) IPO Dates & Price Band: (Approx)

• IPO Open: 11-October-2017
• IPO Close: 13-October-2017
• IPO Size: Approx Rs. 11500 Crore (Approx)
• Face Value: Rs. 5 Per Equity Share
• Price Band: Rs. 855 to 912 Per Share
• Listing on: BSE & NSE
• Retail Portion: 35%
• Equity: 12,47,00,000 Shares

General Insurance Corporation (GIC) IPO Market Lot:

• Shares: Apply for 16 Shares (Minimum Lot Size)
• Amount: Rs.14,592 (for QIB & NII)
• Amount: Rs.13,872 (for Retail & Employee)

General Insurance Corporation (GIC) IPO Allotment & Listing:

• Basis of Allotment: 18-October
• Refunds: 23-October
• Credit to demat accounts: 24-October
• Listing: 25-October

General Insurance Corporation (GIC) Financial:
Just look at PAT which looks impressive. Its increasing yoy. Compare to 2013 its been in increased 20% while around 8% compare to 2016 in 2017. They have good assets worth 48.5k crore increased around 80% compare to 2013 while 20% increased compare to 2016. The revenues also increased yoy. GIC has good improved results but one can expect a long term gain for sure.

Company Promoters:

• President of India

Quick Links:
DRHP Draft Prospectus

General Insurance Corporation (GIC) IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com

General Insurance Corporation (GIC) IPO Lead Managers:

• Axis Capital Limited
• Citigroup Global Markets India Private Limited
• Deutsche Equities India Private Limited
• HSBC Securities & Capital Markets Pvt Ltd
• Kotak Mahindra Capital Company Limited

Company Address:
General Insurance Corporation of India
‘Suraksha’ 170, J Tata Road, Churchgate, Mumbai 400 020
Phone: + (91 22) 2286 7000
Fax: + (91 22) 2288 4010
Email: [email protected]
Website: http://www.gicofindia.com