IPO Price History
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General Insurance Corporation Of India logo

General Insurance Corporation Of India IPO

Mainboard IPOListedGICRENSE
Current Market Price (CMP)
₹323.75(-64.50%)
Current Price (CMP)
₹323.75(-64.50%)

Live Market Quote

Listing Price & Gain
₹425(-53.40%)

Day 1 Exchange Open

IPO Issue Price
₹912

Band: ₹855 - ₹912

Total Subscription
1.38x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
11 Oct 2017
IPO Bidding Closes
13 Oct 2017
Allotment & Refunds
Completed
Exchange Listing Day
25 Oct 2017

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 1.38x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)2.25x
Non-Institutional Investors (NII / HNI)0.22x
Retail Individual Investors (RII)0.63x
Employees Reservation0.94x
Total Subscription1.38x
Updated as on 13 Oct 2017 at 2200 hrs

Listing Day & Return Performance

Listing Day Gain-53.40%
₹912 (Issue) → ₹425 (List)
Per share profit: ₹-487.00
Holding Return (Till Date)-64.50%
₹912 (Issue) → ₹323.75 (CMP)
Net gain per share: ₹-588.25
Post-Listing Performance (Listing Day → Today):-23.82%

About General Insurance Corporation Of India IPO

General Insurance Corporation Of India is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 11 Oct 2017 and concluded on 13 Oct 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹855 - ₹912.

During the bidding window, General Insurance Corporation Of India recorded an overall subscription of 1.38 times. Institutional investors (QIB) subscribed 2.25x, non-institutional high-net-worth investors (NII) subscribed 0.22x, and retail individual investors (RII) bid 0.63x their reserved quota, alongside employee participation of 0.94x.

The equity shares of General Insurance Corporation Of India officially debuted on the stock exchanges on 25 Oct 2017 at an opening listing price of ₹425, delivering a listing day return of -53.40% (discount) over the final issue price. As per the latest market data, the stock trades at ₹323.75, representing an overall decline of -64.50% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of General Insurance Corporation Of India IPO?
The issue price of General Insurance Corporation Of India IPO was fixed at ₹912 per equity share. The indicative bidding price band was ₹855 - ₹912.
What were the open, close, and listing dates for General Insurance Corporation Of India IPO?
General Insurance Corporation Of India IPO opened on 11 Oct 2017, closed on 13 Oct 2017, listed on 25 Oct 2017.
How much was General Insurance Corporation Of India IPO subscribed?
The IPO received an overall subscription of 1.38 times. Category-wise, QIBs subscribed 2.25x, NIIs subscribed 0.22x, and Retail investors subscribed 0.63x.
What was the listing price and listing gain of General Insurance Corporation Of India IPO?
General Insurance Corporation Of India IPO listed on the stock exchange at ₹425, delivering a listing discount of 53.40% compared to the IPO issue price of ₹912.
Is General Insurance Corporation Of India IPO a Mainboard or SME IPO?
General Insurance Corporation Of India IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of General Insurance Corporation Of India IPO since its IPO?
At the latest market quote of ₹323.75, General Insurance Corporation Of India IPO has generated an all-time return of -64.50% since its initial public offering.

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