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| Issue Open | Nov 1, 2017 |
| Issue Close | Nov 3, 2017 |
| IPO Price | ₹800 |
| Face Value | ₹5 |
| IPO Size | ₹9,600.00 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 18 |
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New India Assurance IPO Listing Date
› Listing Date: Monday, November 13, 2017
› BSE Script Code: 540769
› NSE Symbol: NIACL
› Listing In: B Group of Securities
› ISIN: INE470Y01017
› Issue Price: Rs 800 Per Equity Share
› Face Value: Rs 5 Per Equity Share
The New India Assurance Company Limited IPO to open on Nov 01, 2017 and close for subscription on Nov 03, 2017. The price band for the issue has been fixed at Rs 770 at lower level and Rs 800 at upper level. The equity shares of the company to be list at BSE and NSE.
The New India Assurance Company Limited is entering in the capital market with an IPO comprises fresh Issue of 24,000,000 Equity Shares of Rs 5 and Offer for Sale of 96,000,000 Equity Shares of Rs 5 each. The price band for the issue has been fixed at Rs 770 at lower level and Rs 800 at upper level.
A discount of Rs 30 per equity share is offered to retail and employee category.
Incorporated on July 23, 1919 at Mumbai, The New India Assurance Co. Ltd (NIA) is the oldest (in operation for almost a century) and largest general insurance company in India.
The issue opens on Nov 01, 2017 and closes for subscription on Nov 03, 2017. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The New India Assurance IPO is proposed to open on Nov 1, 2017. The IPO application ends on Nov 3, 2017.
Retail investors can apply in the retail or non-institutional investor category from Nov 1, 2017 to Nov 3, 2017. The New India Assurance IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The New India Assurance IPO will open for subscription on Nov 1, 2017. The public issue will close on Nov 3, 2017.
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