New India Assurance IPO Allotment Status Online

The New India Assurance IPO allotment status will be available on November 8, 2017, as per the timeline provided in the red-herring prospectus.

Below are the steps to check New India Assurance IPO allotment status online:

• Visit the New India Assurance IPO allotment status page.
• Click on the green New India Assurance IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the New India Assurance IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of New India Assurance IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The New India Assurance IPO grey market premium gives some hint but the actual listing price is difficult to guess.

New India Assurance IPO allotment status is expected on November 8, 2017. Click the green button New India Assurance IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If New India Assurance IPO oversubscribed in the retail category, the New India Assurance IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The New India Assurance IPO shares will get listed on Monday, November 13, 2017. The equity share of The New India Assurance Company Limited will list on BSE, NSE.

The reason you didn't get the New India Assurance IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).