General Insurance Corporation of India IPO
General Insurance Corporation of India IPO is priced at ₹855–₹912 per share with an issue size of 12,47,00,000 Equity Shares of Rs 5 aggregating up to Rs 11372.64 Cr. The IPO opens on Oct 11, 2017 and closes on Oct 13, 2017, with a lot size of 16 shares and a minimum investment of ₹14,592.
General Insurance Corporation of India IPO
- IPO Dates
- Oct 11, 2017 – Oct 13, 2017
- Price band
- ₹855 - 912 per equity share
- Minimum Investment
- ₹14,592
- Issue size
- 12,47,00,000 Equity Shares of Rs 5 aggregating up to Rs 11372.64 Cr
- Lot size
- 16
- Allotment Date
- Oct 23, 2017
- Listing
- Oct 25, 2017
- Listing At
- NSE, BSE
IPO timeline
-
Oct 11, 2017
Open Date
Completed
-
Oct 13, 2017
Close Date
Completed
-
Oct 23, 2017
Allotment Date
Completed
-
Oct 25, 2017
Listing Date
Completed
General Insurance Corporation of India IPO Essentials
General Insurance Corporation of India IPO Details
General Insurance Corporation of India IPO is priced at ₹855 - 912 per share with a total issue size of 12,47,00,000 Equity Shares of Rs 5 aggregating up to Rs 11372.64 Cr. The IPO has a lot size of 16 shares and will be listed on BSE and NSE.
- Issue price
- Rs 855 - Rs 912 Per Equity Share (Rs 45 discount to RII and Eligible Employee)
- Lot size
- 16 shares
- Face value
- Rs 5 Per Equity Share
- Issue size
- 12,47,00,000 Equity Shares of Rs 5 aggregating up to Rs 11372.64 Cr
- Listing at
- NSE, BSE
- List price
- Listing date
- Registrar
- Karvy Computershare Private Limited
- Lead manager
-
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
General Insurance Corporation of India IPO Details
- Retail Portion N/A
General Insurance Corporation of India IPO Analytics
General Insurance Corporation of India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
General Insurance Corporation of India IPO Subscription Status
General Insurance Corporation of India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 6,22,77,900 |
1,86,83,371
|
4,35,94,532 | 12,47,00,000 |
|
Day 1
11-10-17
|
1.56 x |
0.01x
|
0.06 x | 0.79 x |
|
Day 2
12-10-17
|
1.67 x |
0.02x
|
0.16 x | 0.89 x |
|
Day 3
13-10-17
|
2.25 x |
0.21x
|
0.61 x | 1.37 x |
General Insurance Corporation of India Valuations
Earnings
- EPS (Post IPO)
- Rs 34.24
- P/E Ratio
- 26.63
Returns
- RoNW
- 16.09%
General Insurance Corporation of India Company & Offer Insights
General Insurance Corporation of India IPO Issue Objectives
- •
- Offer for SaleCorporation will not receive any proceeds from the Offer for Sale.
- •
- Fresh Issue(i) Augmenting the capital base of the Corporation to support the growth of their business and to maintain current solvency levels(ii) General corporate purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
General Insurance Corporation of India IPO is a book-built IPO worth ₹12,47,00,000 Equity Shares of Rs 5 aggregating up to Rs 11372.64 Cr. The price band is ₹855–₹912 per share. The IPO opens on Oct 11, 2017 and closes on Oct 13, 2017. It will be listed on BSE and NSE. Karvy Computershare Private Limited is the registrar.
The price band of General Insurance Corporation of India IPO is ₹855 to ₹912 per share.
The lot size of General Insurance Corporation of India IPO is 16 shares.
The minimum investment for General Insurance Corporation of India IPO is approximately ₹14,592 based on the upper price band .
General Insurance Corporation of India IPO opens on Oct 11, 2017 and closes on Oct 13, 2017.
The allotment date of General Insurance Corporation of India IPO is Oct 23, 2017.
General Insurance Corporation of India IPO is expected to be listed on Oct 25, 2017, on BSE and NSE .
General Insurance Corporation of India IPO valuation snapshot: P/E 26.63, EPS Rs 34.24, P/B N/A, RoNW 16.09%, and market cap N/A.
To apply for General Insurance Corporation of India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of General Insurance Corporation of India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for General Insurance Corporation of India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check General Insurance Corporation of India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the General Insurance Corporation of India IPO allotment status on IPO Ji for quick and easy access.