General Insurance Corporation (GIC) IPO Listing Date & Price Details

General Insurance Corporation (GIC) IPO Listing is going to list at a discount as the grey market premium shows in red. It was good to have some discount for retailers but still, there is some negative about GIC listing as it might list in discount. The retail subscription was not good even HNI and QIB was not interested more in that. One can expect a listing around 850-860 level. We can expect upside around 910-930 while downside around 810-830 level. Happy Investing!
General Insurance Corporation (GIC) IPO Listing
GIC IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:
Check GIC IPO Allotment Here

BSE Code 540755
NSE Code GICRE
Group B
ISIN No INE481Y01014
Offer Price Rs.855 / 912
Face Value Rs.10
Listing Date 25-Oct-17, Wednesday

GIC IPO Listing Price: Live Quote

Details BSE Listing NSE Listing
Listing Price
850.00
850.00
High Price
895.00
899.00
Low Price
780.25
780.00
Close Price
870.40
874.30

GIC IPO Subscription: (Fully Subscribed)

Day QIB NII RII EMP Total
Day 1 1.56 0.00 0.06 0.17 0.79
Day 2 1.68 0.02 0.16 0.42 0.90
Day 3 2.25 0.22 0.61 0.94 1.37

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 Allotment18-October
  • Refunds: 23-October
  • Credit to demat accounts: 24-October
  • Listing: 25-October

The General Insurance Corporation (GIC) IPO Check Allotment Here:
Click Here Server No.-1
Click Here Server No.-2

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