New India Assurance Ipo

The issue is priced at 770 to 800 per equity share. New India Assurance IPO would open for subscription on 1 st November 2017.

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The IPOÂ size is of Rs.

New india assurance ipo. New India Assurance operates both in India and foreign countries. New India Assurance IPO. New India Assurance company Limited is a government owned multinational general insurance company.

Its revenues grew at 16 CAGR in last 5 years. The issue offers 40740000 shares to retail investors 58200000 shares to qualified institutional buyers and 17460000 shares to non-institutional investors. Link Intime India Private Ltd is the registrar for the IPO.

In fact The New India Assurance Company IPO has got fully subscribed by 104 times on day 1. The New India Assurance IPO Allotment and Listing Dates NIA IPO Allotment and Listing. The biggest IPOs in India all time are PayTM 18300 crores 2021 Coal India 15199 crores 2010 Reliance Power 11563 crores 2008 General Insurance Corporation 11175 crores 2017 SBI Cards 10355 crores 2020 The New India Assurance 9600 crores 2017 Zomato 9375 crores 2021 DLF 9187 crores 2007 HDFC Standard Life Insurance 8695 crores 2017 Cairn.

New India Assurance IPO - Share Price Shares are sold at a price band of Rs 770 to Rs 800. The initial public offer IPO of New India Assurance Company was oversubscribed 103 times so far on the first day of the three-day bidding today. New India Assurance IPO New India Assurance Company Limited IPO comprises of up to 120000000 Equity Shares of the Company consisting of a fresh issue of up to 24000000 equity shares and an offer for sale of up to 96000000 equity shares by The President of India acting through the Ministry of Finance Government of India the Selling Shareholder.

And The New India Assurance IPO subscription figures are expected to be enough for full subscriptionWhile those who will be applying will be interested in knowing their The New India Assurance IPO Allotment. New India Assurance shares fell on the first day of trading and settled 9 lower than the IPO price but dont be too tempted to enter the stock right now. Captures the details on its Issue Open Date Issue Close Date Listing Date Face Value Price band Issue Size Issue Type and Listing Dates Open Price High Price Low Price Close price and Volume.

Transfer of shares to demat accounts. The New India Assurance Company Ltd NIA IPO bidding is going to start from November 01 2017. The century-old New India Assurance Company Ltd.

In this video i explained about new india assurance company limited ipo. Will launch its Rs 9600 crore initial public offering today as the government continues to pare stake in state-run insurersIndias largest general insurer will sell shares at Rs 770-800 apiece valuing the company at up to Rs 65920. The minimum order quantity is 18 Shares.

New India Assuarance Company IPO NIA IPO New India Assurance IPO received the approval of SEBI and is coming up with its public offering in the first week of November 2017. New India Assurance IPO is a main-board IPO of 120000000 equity shares of the face value of 5 aggregating up to 960000 Crores. The New India Assurance IPO will be of specific interest to the PSU banks.

THE NEW INDIA ASSURANCE COMPANY LIMITED Our Company was incorporated as The New India Assurance Company Limited on July 23 1919 at Mumbai Maharashtra India as a limited company under the Indian Companies Act VII of 1913 with the Registrar of Companies Maharashtra. The insurer seeks to sell 12 crore shares in a price band of Rs 770. From what we have seen so far the company is in a good position of market leadership.

New India Assurance Ltd one of the leading general insurance company in India. New India Assurance IPO is a public issue of 120000000 equity shares. Sign in Subscribe e-paper.

Find New India Assurance Ipo Latest News Videos Pictures on New India Assurance Ipo and see latest updates news information from NDTVCOM. Get all the Latest News Pictures Videos and Special Report about New India Assurance Ipo by mint. Click on this link to get allotment status.

The IPO opens on Nov 1 2017 and closes on Nov 3 2017. New India Assurance Company NIA Indias largest general insurance company in terms of net worth domestic gross direct premium profit after tax and number of branches has hit the primary market with its Rs 9600 crore initial public offering IPO on Wednesday. Investors can apply up to a maximum of Rs 2 lakh in the retail category and above Rs 2 lakh in the non.

Buy or renew insurance online. Company is asking for issue price which is at 67x PE where ICICI Lombard IPO shares listing was a. The IPO which aims to.

New India Assurance when it gets listed will be the first general insurer in India to get listed and will therefore become an important benchmark for the valuation of the general insurance business interests of large groups like HDFC ICICI Kotak and SBI. Finalisation of Basis of Allotment. The companys gross written premium increased at a compound annual growth rate of 1518 from INR1320018 crore.

The New India Assurance IPO first day subscription figures does looks good considering the size of the issue. Explore more on New India Assurance Ipo. The New India Assurance Company Ltd IPO NIA IPO subscription has started on 01st November 2017.

Heres What You Need To Know. New India Assurance Ipo. The business of the.

The IPO page of The New India Assurance Company Ltd. It generated low margins of 4 for FY2017. New India Assurance IPO Review.

This post on New India Assurance IPO tries to bring out consolidated brokerage views opinions IPO Review Analysis Note reports and recommendation of brokerages Analyst Business New papers Management views information on Anchor investors Subscription etc on New India Assurance IPO and shall be updated continuously till the closure of the issue. Largest public sector general insurance company of India. New India Assurance IPO Shares Offered.

Sunday 7 November 2021. New India Assurance IPO allotment status is now available on Link Intimes website. What is price band of new india assurance ipo and products of new india assurance li.

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