GIC IPO Allotment Status Online, General Insurance Corporation IPO Allotment Date & Details

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General Insurance Corporation (GIC) IPOnot able to get good subscription. One of the reason as the ipo is bigger size and not good performance by earlier ipos like ICICI Lombard and SBI Life. QIB gave few support while other categories not shown interest in this. Lets see how it will come up on listing day. As the retail and employee discount might be in effect on listnig. Check out General Insurance Corporation IPO Allotment Status online. You can check GIC IPO Allotment via Application Number or Pan Card.

Checkout General Insurance Corporation (GIC) ipo allotment dates and latest grey market premium as well.

GIC IPO Allotment Date:  Allotment is Out

GIC IPO Listing Date: 25-Oct-2017
GIC IPO Basis of Allotment: Firm Allotment

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Note: General Insurance Corporation (GIC) IPO Allotment Status will be available when ever Registrar of IPO will put on their official sites.

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GIC IPO Subscription: (Fully Subscribed)

Day 11.560.
Day 2 1.680.020.160.420.90
Day 3

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 
  • Discount: Rs. 45 for Retailers and Employees

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
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0 Responses

  1. GIC ought to keep price low , say at lower of the bid band. This will keep up the interest of the investors. Other,for investor public sector companies will be taken to be bigger cheaters than private companies.

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