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The basis of allotment for GIC IPO is available now.
The GIC IPO allotment status will be available on Wednesday, October 18, 2017, as per the timeline provided in the red-herring prospectus.
Below are the steps to check General Insurance Corp.of India IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of GIC IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The GIC IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
General Insurance Corp.of India IPO IPO allotment status is expected on Wednesday, October 18, 2017. Click the green button General Insurance Corp.of India IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If GIC IPO oversubscribed in the retail category, the GIC IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The General Insurance Corp.of India listing date is October 25, 2017. The equity shares of General Insurance Corp.of India will list on BSE, NSE.
The reason you didn't get the GIC IPO could be:
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