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The New India Assurance Company Limited IPO Message Board (Page 2)

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372. Am A |   Link |  Bookmark | November 14, 2017 12:47:40 PM
Why do I get this feeling that that this high pricing of IPOs is a sort of indirect taxation policy of the govt?

The difference between the fair price & higher pricing is a sly way of taxing applicants!

#sarcasm
372.1. Huzefa |   Link |  Bookmark | November 14, 2017 2:06:48 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Govt has nothing to do with these private companies IPOs
372.2. Am A |   Link |  Bookmark | November 14, 2017 4:08:36 PM
Am talking of govt IPOs

#commonsense #sarcasm
371. GreeDisGood |   Link |  Bookmark | November 13, 2017 2:33:50 PM
I had opened demat account recently as some friends told me there is very good profit in IPO.
I had taken Salary advance and other loans to apply heavily in all the recent IPOs and now I''m in big loss. After selling all the share''s I will close the demat account and never apply in any ipo.
371.5. Manofsteel |   Link |  Bookmark | November 13, 2017 10:42:03 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Salute to those friends :D
Agar aise friends hain. Toh akela hona is better :D
371.6. PB |   Link |  Bookmark | November 14, 2017 2:41:46 PM
You should have insured your losses in this IPO with NEW INDIA ASSURANCE
370. GreeDisGood |   Link |  Bookmark | November 10, 2017 10:28:40 PM
After recent debacle of GIC, Mahi, and not so good listing of RNAM, everyone might have been thinking that this will list in discount. But no, this is a strange place called market, it always beats your beliefs. NIA will surprise everyone and list in 10% premium atleast. Might rise up to 20-25% in 2nd session. Shortsellers will be trapped, allottees will be rewarded handsomely.
370.21. Huzefa |   Link |  Bookmark | November 14, 2017 2:14:44 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Its your hard earned money. Dont apply blindly in all the IPOs. You can read many comments on this forum from which you will get a sense of whether to apply or not. You can read the views of many experts on this forum. Specially follow Septa sit, he analysis of IPO has always proven to be correct. All the best for future IPO. Do due diligence before applying for any ipo.
370.22. PB |   Link |  Bookmark | November 14, 2017 2:38:53 PM
You should have insured your losses in this IPO with NEW INDIA ASSURANCE , lol
369. Carn Mohan |   Link |  Bookmark | November 14, 2017 12:23:34 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Retailers phir bakra ban gaya
369.1. parmod gupta |   Link |  Bookmark | November 14, 2017 7:30:37 AM
Top Contributor Top Contributor (300+ Posts, 300 Likes)
ये वो रिटेलर है जो बिना सोचे समझे पैसा लगा देते हैं
368. Manofsteel |   Link |  Bookmark | November 13, 2017 9:12:58 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
I wish there were re-insurers for investors.
This IPO was overpriced from the beginning itself. No surprise.
367. Kartikdevd |   Link |  Bookmark | November 13, 2017 7:33:41 PM
NIA listing dont have much excitement. 750 is great listing as per Retail & employees dhokha dhadi, surprising thing is it did not breached 700. GICre listing is worst then NIA though GICre reached 899 intraday.
366. VALUE INVESTOR |   Link |  Bookmark | November 13, 2017 2:45:15 PM (900+ Posts, 600+ Likes)
Very low volumes in this stock inspite of new listing. Not sure what is cooking.
Purchased 10@723.80 at closing. After one week, picture will be clear.
366.1. Pokemongo |   Link |  Bookmark | November 13, 2017 5:45:04 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
book value is very high.. so there should be safety at lower levels.
365. ANIL VERMA |   Link |  Bookmark | November 13, 2017 4:23:41 PM
@GfeeDisGood
I feel listing of HDFC Insurance will not be so bad. Even if it lists at discount, it will recover fast.say within 10-15 sessions . I have nkt applied for HDFC Insurance.
364. Am A |   Link |  Bookmark | November 13, 2017 1:30:05 PM
Govt is making a mess of public sentiments in govt IPOs in pricing them so high. It seems they are benchmarking their IPOs to their private counterparts which are run more efficiently & tend to be agile.

The main aim seems to be revenue maximization rather than retail investor interests.
363. CHD |   Link |  Bookmark | November 13, 2017 12:50:40 PM (1100+ Posts, 500+ Likes)
Listing was today , the 13th Nov ....?
363.1. DownriteVJ |   Link |  Bookmark | November 13, 2017 1:14:59 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Yes, THE UNLUCKY 13.
362. jajo |   Link |  Bookmark | November 13, 2017 12:18:44 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
You yourself acknowledge that all recent IPOs are flop-shows at listing, still you are expecting NIA will list at a premium that too 25% premium at closing ! Despite all warnings by experts, many people succumbed to greed.
361. PEEKAY |   Link |  Bookmark | November 13, 2017 12:04:19 PM
New India Assurance settled at 750.....trading 730
2 minutes silence for members who allotted and not yet sold we hope they will learn something from others
360. Thiagarajan Ramasamy |   Link |  Bookmark | November 13, 2017 11:07:58 AM
Top Contributor Top Contributor (600+ Posts, 200+ Likes)
Total shares allotted to HNIs, Retai and Employees 95 Lakhs approx. Combined NSE and BSE volume so far is only about 22 Lakh shares. As the selling pressure is more price unlikely to move up unless Govt interferes and asks LIC or other Institutions to lend support and buy at Issue price.
359. Super Trader |   Link |  Bookmark | November 13, 2017 10:35:07 AM (200+ Posts, 100+ Likes)
Many followers of chittorgarh saved. contra call is misunderstood by many. it is not just going against the wind always.
358. MOHIT JAIN |   Link |  Bookmark | November 13, 2017 10:26:50 AM
Last kai 4 5 insurance ipo dekh kai kahi logo kaa insurance sector sai hi vishwas naa utth jaae....
357. ipo share |   Link |  Bookmark | November 13, 2017 10:07:33 AM
IPO Guru IPO Guru (1500+ Posts, 700+ Likes)
Share market doesn''t run on emotions. It always discovers true value of a share and see for yourself what it thinks about NIA. Greed of promoters have come to the fore. Market will always be punishing highly priced issues.
356. IamAbhishek |   Link |  Bookmark | November 13, 2017 10:01:23 AM
RIP..... all the successful allottees.
355. Advocate |   Link |  Bookmark | November 13, 2017 9:20:47 AM
Don''t buy it........... This is trap and price will go below 600 in short term..... Today you may not like this but after some time you will find the same....

Avoid any buying just get out of it as soon as possible.
355.1. Solution of Queries |   Link |  Bookmark | November 13, 2017 9:56:09 AM (1100+ Posts, 1400+ Likes)
Yes much better stocks available in recent listings....at good price !!
354. Carn Mohan |   Link |  Bookmark | November 13, 2017 9:53:41 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Jo premium dekh rahay thay 1 baar phir MUNGARILAL sabit huay.
353. Anarchist |   Link |  Bookmark | November 13, 2017 9:21:13 AM (500+ Posts, 1400+ Likes)
Bravo!! fellow applicants for partaking in the greatest nation building excercise of all time....now the obtuse ones would want to tease us all by showing...ask, bid, the LTP...all those numbers that are nothing but a flake of imagination...silly people.lets not expect them to understand karma like the way we do....not until they watch us reap rich harvest posthumously in the heavens for what we have sown....trust the promoters folks....they are our guiding light to the heavens ..
353.2. mark bab |   Link |  Bookmark | November 13, 2017 9:38:59 AM (200+ Posts)
your messages are pinch of happiness in these gloomy listings....keep posting.
353.3. Anarchist |   Link |  Bookmark | November 13, 2017 9:44:23 AM (500+ Posts, 1400+ Likes)
@ mark
yes!! much like a Pinch of salt with a Tequila shot .....so I''m going to say..."Thanks MarkY" <----- The Latin Way....:D