MainBoard IPO Details, Grey Market Subscription And More

                   Rating: 47

General Insurance Corporation of India

CRISIL Research, it ranked as in 2016 12th largest global reinsurer  3rd largest Asian reinsurer

Issue Open:            Oct 11, 2017 – Oct 13, 2017
Issue Type:             Book Built Issue
Issue Size:              12,47,00,000 Equity Shares

QIB:                       50%

NII:                        15%

RII:                        35%

Emloyee:               11.68 Cr

RII Discount:        Rs. 45

Emp. Discount:     Rs. 45

Issue Size (Cr.):    10,464.84 – 11,175.63

Market Lot:          16 (13872)
Face Value:           Rs 5 Per Equity Share
Issue Price:           Rs.855 - 912 Per Equity Share
Listing At:             NSE , BSE

Registrar:              karisma.karvy.com

Retail Applications For One Time:                      27,24,866

Grey Market:       1. Application Kostak Price   700

                               2. Kostak 2 Lakh                   2200             

                               3. Premium                              -19 - -23

Timetabel:            Allotment   :- Oct 18, 2017
                               Unblocking:- Oct 23, 2017

                               Listing        :- Oct 25, 2017

Last Day Subscription Detail NSE + BSE

QIB:     2.25

NII:      0.22

RII:      0.63

Emp.:   0.94                 

Total:   1.38

Applications Approx :  6,20,000 + / -

No. of Applic-wise     :  0.23