General Insurance Corporation Of India
11 Oct 2017 – 13 Oct 2017
LISTED
Offer Price
₹855–912
Bid lot
16
Min Application
₹14,592
Issue Size
₹11,373 Cr
Key dates
Open date
11 Oct 2017
Done
Close date
13 Oct 2017
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
25 Oct 2017
Today
Issue reservation
₹11,373 CrQIB 50%Retail 35%5%
QIB
6.24 Cr sh · ₹5686.50 Cr
Retail
4.36 Cr sh · ₹3980.55 Cr
Employee
62.4 L sh · ₹568.65 Cr
BRLM: Citigroup Global Markets India Private Limited · Axis Capital Limited · Deutsche Equities India Private Limited · HSBC Securities and Capital Markets (India) Private Limited and Kotak Mahindra Capital Company Limited
Lot ladder — how much to bid
1 lot = 16 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
16 sh · ₹14,592
Max · 13 lots
208 sh · ₹1,89,696
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
224 sh · ₹2,04,288
Max · 68 lots
1,088 sh · ₹9,92,256
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
1,104 sh · ₹10,06,848
Entry point
₹10,06,848 onward
Issue details
Lead managersCitigroup Global Markets India Private Limited, Axis Capital Limited, Deutsche Equities India Private Limited, HSBC Securities and Capital Markets (India) Private Limited and Kotak Mahindra Capital Company Limited
Face value₹10
Listing onNSE
RegistrarKarvy Computershare Private Limited
Live subscription
1.55×
0×1×2×3×+
Fully subscribed
Book₹10,236 Cr
Subscribed₹15,837 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 6,23,51,974₹5,687 Cr | 14,02,91,940₹12,795 Cr | 2.25× |
| HNI | 1,87,05,592₹1,706 Cr | 41,15,230₹375.31 Cr | 0.22× |
| Retail | 4,36,46,381₹3,981 Cr | 2,74,97,220₹2,508 Cr | 0.63× |
| Employee | 62,35,197₹568.65 Cr | 58,61,086₹534.53 Cr | 0.94× |
| Total | 11,22,33,552₹10,236 Cr | 17,36,50,246₹15,837 Cr | 1.55× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 12,794.62 |
| HNI | 375.31 |
| Retail | 2,507.75 |
| Employee | 534.53 |
| Total | 15,836.90 |
Amounts at the upper band (₹912). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the General Insurance Corporation Of India IPO?
One lot of 16 shares — ₹14,592 at the upper price band of ₹912.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2017-10-25 on NSE.