The New India Assurance Company Limited IPO Message Board (Page 17)

i am RAJAKUMAR from COIMBATORE, I am twenty five years experience in IPO market. Eagleye you are giving wonderful information reg grey market side.In our city there is no grey market activity. New India Assurance is coming first week of Nov. It is not 10000 cr. ipo as stated by money control because 2017 EPS is Rs10 and issuing 12crore shares.it will come around 30 pe that translates into around 4k. The IPO size is only 4k. GIC will list at par or may be Rs.20 discount. After succesful listing only New India Assurance date and price will be fix by the government.

What 25 years experiance in IPO
then you should be able write properly in this forum ,
seems you just said it , but applied in flop ipo and lost money

Dear Chem cho sir,
Sir you are also very old in IPO MARKET even then during ipo time of Gic you couldnt
identify or judge how it will list. Yes sir nobody sure how it will list. All are taken risk and
applied and lost money.(I applied because of New India Assurance IPO on the card and the price will cookup) But i sold at 862 if anyone hold for
two days certainly it will cross 900 level.
Stock market is also gambling and collective of all mind.

New India Assurance IPO – Pg #557 of RHP

01st Nov – Offer Opens
03rd Nov – Offer Closes
08th Nov – Finalisation of Basis of Allotment
09th Nov – Unblocking of ASBA
10th Nov – Credit to Demat Accounts
13th Nov – Listing on NSE & BSE

@ GAMBLE SIR,
In Mahendra Lgs, what to be expected - 02 FD OR 03 FD? Please review.
as per me it will be maximum 2.5 FD.

please remove this New india assurance ipo from list......

why?

Confirmed News by NIA employee:-

Price band fixed at 770 to 800 per equity share.
Face Value Rs 5
retail discount - 30/- per share
Lot size - 18 shares
Bid opens - 1st Nov
Bid closes 3rd Nov

IPO consist of 120,000,000 equity shares of Rs 5 each.

I hit enter too soon..
What i was about to type is - even employee thinks its costly...

In this IPO even LIC wont come to rescue, LOL

हमें तो GIC ने लूटा NIA मैं कहा दम था।।

Avoid , avoid.....लूट... लूट by NIA

After listing Of gic i can bet it wont get even 50% from retail and 20% from HNI

this will not get fully subscribed......

I would let LIC buy all the shares kept aside for this IPO. Good Buy!!... Oh sorry good bye to this ipo :-)

Now after apply in 2 lot GIC,
&nd Avoid Lombard and SBI Life,
I am pulling back my steps from this shitty ipo.
Hahakar macha kar rakh diya hai.

Same story like GIC offering Rs 30 retail discount like GIC , fairvalue not more than Rs 480/ ( GIC is trading Rs 110 discount)

@ LoneRanger , Sardar LIC hai na

After GIC disaster:
Ab Tera Kya Hoga kaliya!!!

2017 Eps. Rs.10 so it coming at 80 PE. It is clear avoid.

DEAR ADMIN
PL CHANGE THE IPO PRICE BAND 770-800

U HAVE MENTIONED 770-880

New India Assurance Company Limited IPO
Dear Admin,

Please Correct Issue Price Rs: 770 to Rs: 800 per Share
Its not 880 (Correct it)

yes ! especially those who are thinking about playing ''Blue Whale Challenge'' and all. there is nothing challenging about such stupid games. this New India IPO can easily put them all to shame

Apply in this IPO only if you are "Khatron Ke Khiladi"

सरकार को तो आम जनता को लूटना है वो एक आर्डर से LIC को इन्वेस्ट करवा देगी और आम इन्वेस्टर जोश में आकर पैसे लगा देगा और GIC वाला हाल हो जायेगा अब सरकारी इशू पर इन रेट्स पर विश्वास नहीं करना चाहिए साथ ही ADAG ग्रुप से भी बचना चाहिए अभी आईपीओ बाजार में लूट मची हुई है

I''ll not apply to this IPO. Let us see how long LIC will keep supporting these expensive PSU IPOs.