The New India Assurance Company Limited IPO Message Board (Page 4)

Current NSE listing price in pre-open is INR 711,15

Be cautious

Please can anyone post NSE pre open link

https://www.nseindia.com/live_market/dynaContent/live_watch/pre_open_market/pre_open_market.htm

Kept order at 800 for GIC on listing day and got shares. Today kept order at 675. Let''s see if it touches or not.

Pre Market session opens at 750/-


http://www.bseindia.com/markets/Equity/listingstream.aspx?expandable=1#publicissue_ofs

I was unable to understand and justifying why anyone would like to apply in this IPO but hope that anyone who subscribed to this issue does have a reason and wish everyone good luck for a good listing.

Forget to mention....if there is a positive listing , I suggest to exit with some profit and pls keep your stop loss threshold decided in case there is negative listing.

Talking from GIC experience, the QIBs are LIC and co. There wont be enough demand on buy side and one should hold long term to get into profits. But then what do I know! Its stock market.

Guys don''t sell in a hurry at loss. May not give impressive listing gains but will not give losses for sure.Qib is more ,Rii shares r Very less. Wait for good gains wait for that time. All the very best

Nia will list above 860.. Look at the buyers who applied in qib part. Retailers just dont have enough shared, merely 10% subscription, hence no big sallers on listing day.
Also this issue is much much better than icici lonbard...your money will be doubled in next 1 year in this issue..

I guess downside of the stock price is limited due to maximum ownership of LIC & other QIBs. Let''s watch tomorrow who is right & wrong.

same law was applied in case of GIC also and it listed in deep discount lets see fate of this one

Listing should be in green, else govt has to think twice for upcoming PSU privatisation ...

You are right but government seems to keep repeating its earlier mistakes

i think it will list below 500.
485 - 520

If it lists as per your thinking I will give you Rs 5000

sell this immediately on listing. Huge losses otherwise in this script
those looking to enter can look ate below 600 rs which it will reach in few months

Some people was saying....GIC will move before listing of NIA...but still only downward journery in GIc....so no impressive listing in any sense in NIA also..........!!

It will list at 600

Seems like wishful thinking. Any ways ppl are entitled to one.
Look at Stats: Almost 95% of NII/HNI shares are subscribed by Corporates only abt 250000 shares by individuals at Rs 800. (they could very well have done as RII at 770 as the issue was unsubs)
RII''s have subscribed for some 38 lac shares at Rs 770 ( with open eyes on seeing GICR listing)
QIBs have lock in
So most likely there may not be buyers but there may not be sellers as well. There will be some who will be tempted to short sell so its all set up for a steady trade on Monday.

I am not suggesting that corporates wont bear raid on listing, however, as HNIs have not borrowed huge money; atleast forced selling by NBFC wont be there

Marke may har koi carorpati bannay ka sapna dekhta hi
Gud luck.

GIC ka small brother and GIC is Rs 100 discount.

HDFC IPO:
Anchor investors and QIB gave very good response. QIB more that 16 times and Anchor investors invested 50000 crore while 2200 crore is reserved. Both category investors applied at Rs. 290.

Chances are more that on listing QIB will come to buy more. They don''t have any problem they will pay more 20 - 30 on top of 290. They are big and long term investors. They will buy from open market from retail investors. Retail investors will sure make 10%.

ha ha ha,
good joke of the day

1/1

NIC positive opening and staying positive for first day of listing depends upon the promoter ie Finance and disinvestment Ministry babus and LIC...
yES MFs etc might come in but when the script falls 5 or 10 to 15% they might nibble because this is a big ipo and will fall on low volumes till someone intervenes like in GIC.

Lets see if NIC Lists and falls to 770 or 750 or 720 or 700 or 680

AS per my opinion 72972 shares(NII-19939+RII-45995=Emplyees-7038) have been allotted to the applicants other than QIBs. It is true that there shall not be any buyer however there will be very few sellers on listing reason being (1) QIBs can not sell there holding until one month(2) who have been allotted under section RII and NII are strong hands and have long term view on this company. So in my opinion listing shall be between Rs.800/ and Rs.770/- and later on share will perform as per Market as well as company''s fundamentals.

listing will be on around 730 only, nothing on this stock, very costly IPO. No buyers on listing price as if someone want to buy on listing then why not subscribe on IPO. definitely down, may be also down upto 650 ...