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General Insurance Corp.of India

General Insurance Corp.of India

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹912
₹912
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹912
Based on GMP
Min. Investment
₹14,592
1 lot × 16 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
11 Oct 2017
Close Date
13 Oct 2017
Allotment
18 Oct 2017
Listing Date
25 Oct 2017
Exchange
NSE & BSE
Price Band
₹912
Listing Price
See chart
Allotment Status
Price Band
₹912
Per share
Face Value
₹5 per share
 
Lot Size
16 Shares
per lot
Issue Size
12,47,00,000 shares (aggregating up to ₹11,256.83 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,592
1 lot
Pre-IPO Holding
86,00,00,000 shares
Promoters
Post-IPO Holding
87,72,00,000 shares
Promoters
UPI Deadline
2017-10-13
Mandate
Anchor AllotmentTue, 10 Oct 2017
Basis of AllotmentWed, 18 Oct 2017
Refund InitiationMon, 23 Oct 2017
Demat CreditTue, 24 Oct 2017
Listing DayWed, 25 Oct 2017
UPI Mandate Deadline2017-10-13
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,72,00,000 shares (aggregating up to ₹1,552.67 Cr)
Offer for Sale10,75,00,000 shares of ₹5 (aggregating up to ₹9,704.16 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
General Insurance Corp.of India IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 13 Oct 2017.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
124,700,000
100% ₹11,372.64
IPO Shares Offered
General Insurance Corp.of India IPO total issue size: ₹11,372.64 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 124,700,000 ₹11,372.64
100.00%
* Based on upper price band ₹912 per share
Lot Size & Investment
Lot Size
16
Shares per Lot
Issue Price
₹912.00
Upper Band
Min Investment
₹14,592
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)232₹29,184
Retail (Max — 13 Lots)13208₹189,696
S-HNI (Min — 14 Lots)14224₹204,288
B-HNI (Min — 69 Lots)691,104₹1,006,848
* Issue Price ₹912 × Lot Size 16 shares
IPO Schedule
Anchor
10 Oct 2017
✓ Done
IPO Open
11 Oct 2017
✓ Done
IPO Close
13 Oct 2017
✓ Done
Allotment
18 Oct 2017
✓ Done
Refunds
23 Oct 2017
✓ Done
Demat Credit
24 Oct 2017
✓ Done
Listing Day
25 Oct 2017
✓ Done
General Insurance Corp.of India — Live Price LIVE
₹912.00
INR · BSE
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Issue ₹912.00 Live Price
About General Insurance Corp.of India
Incorporated in 1972, General Insurance Corporation of India is the largest reinsurance company in India in terms of gross premiums. They provides various general insurance products like property, energy, marine, engineering, miscellaneous, aviation-hull/spares-rotor wing, aviation-hull/spares-fixed wing, liability, aviation treaty–hull, spares and liability insurance products. They also offers cargo and offshore energy, motor, life, agriculture, space, health, credit and financial insurance.They offers reinsurance solutions for the Afro-Asian region and reinsurance programs in South East Asia, the Middle East and Africa. They develop their overseas business through their home office in Mumbai, branch offices in London, Dubai and Kuala Lumpur, a representative office in Moscow, a subsidiary in the United Kingdom that is a member of Lloyd’s of London and asubsidiary in South Africa.Competitive Strengths1. Leader in Indian reinsurance industry with 44 years of experience2. International presence3. Diversified product portfolio and revenue streams4. Strong financial track record and a strong balance sheet5. Experienced management team
Objects of the Issue
1
1 Augmenting the capital base
2
2 General corporate purposes
General Insurance Corp.of India Financials (Amount in Crore)
Revenue from Operations
₹3,099.5
31-Mar-15
₹3,234.1
31-Mar-16
₹3,644.2
31-Mar-17
Profit After Tax (PAT)
₹2,802.7
31-Mar-15
₹2,654.9
31-Mar-16
₹2,857.9
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 3644.18 3234.08 3099.53
EBITDA N/A N/A N/A
Profit After Tax (PAT) 2857.85 2654.92 2802.68
Net Worth N/A N/A N/A
Total Assets 48526.95 40637.58 43098.62
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered12,47,00,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding86,00,00,000 shares
Post-Issue Promoter Holding87,72,00,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
Citigroup Global Markets India Pvt.Ltd.
Deutsche Equities India Pvt.Ltd.
HSBC Securities & Capital Markets (India) Pvt.Ltd.
Kotak Mahindra Capital Co.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much General Insurance Corp.of India IPO subscribed?

General Insurance Corp.of India IPO is subscribed 1.00 times by Oct 13, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is General Insurance Corp.of India IPO retail subscription status?

The General Insurance Corp.of India IPO retail category is subscribed 1.00 times as of 13 Oct 2017. The retail portion is oversubscribed.

How to subscribe General Insurance Corp.of India IPO?

Subscribe via your broker app using ASBA or UPI. Opens 11 Oct 2017 and closes 13 Oct 2017. Min investment: ₹14,592 (1 lot = 16 shares). UPI mandate: 2017-10-13.

How many times General Insurance Corp.of India IPO subscribed?

The General Insurance Corp.of India IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check General Insurance Corp.of India IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 18 Oct 2017. Refunds: on 23 Oct 2017.

When General Insurance Corp.of India IPO will be listed?

The General Insurance Corp.of India IPO listing date is 25 Oct 2017, Wednesday. Listed on: NSE & BSE. Issue price: ₹912. Estimated listing: ₹912. GMP: NIL.

When General Insurance Corp.of India IPO close?

The General Insurance Corp.of India IPO closes on 13 Oct 2017, Friday. UPI mandate: 2017-10-13. Allotment: 18 Oct 2017. Listing: 25 Oct 2017.