The New India Assurance Company Limited IPO Message Board (Page 18)

guys dont subscribe this IPO after poor listing of GIC. ye 30 rupees ke chakkar me 500-700 rupees after brokerage chale jayenge... gov. should come with lower valuation instend of such high price issue.... and LIC ne to GIC ko bchaliya but this IPO ko kon bchayega.

GIC Listed at discount.850
Now forget NIA .
Don''t even think in dream.
Give a big slap to govt. & jaitly.
Better to buy from open mkt at higher discount at 750

The new India assurance
Open: 1-11-2017
Close: 3-11-2017
Price band :770-800
Lot size : 18 sharrs
Discount for retail: Rs 30
Amount for 1 lot 14400-30=14370

amount for 1 lot 14400-540=13860

You are right
Amount 13860

New India Assurance sets a price band of Rs770-800 a share for its IPO, which will run from 1-3 November.
It''s going to be another bitter experience with the government''s greed to exploit the emotional investors.
Already issued GIC is likely to be prove to be a loot. Now another pain

in GIC, retail investors wont suffer loss due to the Rs.45 discount. We may get Rs.20, Rs.25 profit per share on listing.

@RSD if ''Not to suffer a loss'' was the reason behind retail investors bidding, they were better off Not Applying / Bidding. that woud have been the easiest way to achieve such hilarious objective. don''t you think?

Last GMP
GIC (13) (15)
Nippon 78-79
MLL 98-99

Now, I guess that Govt will provide support for GIC listing. If listing of GIC disappoints, it will affect New India Assurance IPO subscription. So, Big brother will come for rescue at least for few days.

Kadhim shoes Ipo 30 the oct, HDTV life ipo 6 nov...... Courtesy Karvy......

Good work ammubutter.
Can you please post the link of karvy as i am not able to find out upcoming ipos in ipo link.Thank you dear.

HDFC Life on 6th? Wow! IPO Tsunami.

New India Assurance open 01Nov - 03 Nov.
Source: Economic Times

New India Assurance sets IPO price band at Rs 770-800/share

now every one , tom , dick and harry wants rs 600 to 800 as issue price

lets see what is the issue price with high equity

Navkant....its your father''s company. That U post its official...Admin plz remove this nonsense post

Apologies. I meant 770-800.

@ Hiren K - Yes. He is your father too. I guess your Mom never told you that!

http://www.business-standard.com/article/markets/new-india-assurance-rs-9-600-cr-ipo-opens-nov-1-price-band-rs-770-800-117102400500_1.html

Whether it is profitable ipo or not

Anyone has RHP link... Thankyou in advance

Last gmp
MLL106-108
Nippon 70-71
Gic (24)-(25)

9600 cr. ipo
÷
12 cr. shares
=
800 rs. bhav

Normally we expect 5% discount but here not even 4% if 30 rs. disc. given.

sbi - @ 700 discount trading after first day listing
gic - @ 900 even gmp also in discount
nia - @ 800 surely will trade below issue price

govt. fixed very high price randomly arbitrarily by taking the average of above 2 without checking subscribtion data.
when govt. is going greedy what to say about private ltd. co. promotors.
If listing of gic would be flop show then nia confirm flop show even in subscription data following by hdfc.
since icici-pru , insurance co. ipos are not giving returns.Even we common investors are noticing , then what govt. is doing ?

GIC has much better financials then NEW INDIA if it lists in discount then we should stay away from NEW INDIA as this will be available at cheaper rates in secondary market.

U will see spurt in gmp in evenng

What is current GMP ?

The new India assurance
Open: 1-11-2017
Close: 3-11-2017
Price band (approx) 770-800
Officially not conformed

Its official now

https://economictimes.indiatimes.com/markets/ipos/fpos/new-india-assurances-ipo-to-open-on-november-1/articleshow/61199084.cms

Seems Grey bhaav to start -ve (10) to (15)

Retail Discount & Employee Discount is Rs 30. As per RHP. Price Band is yet to be announced it will be bw 770-800 as per RHP

New India Assurance sets IPO price band at Rs 770-800/share

India’s state-run New India Assurance Co has set a price band of Rs 770 to Rs 800 a share for its initial public offering (IPO) opening on November 1, sources told Reuters. At the upper end of the price range, the IPO would raise Rs 96 billion.

Small Up side
Gic (23) (25)
Nippon 69-71
MLL 112-114