FREE Account Opening + No Clearing Fees + Rs 999 API Access

New India Assurance IPO Details

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
Open an Instant Account with Zerodha
  1. Why LIC’s big share sale is a big deal

    Mon, 17 Jan 2022 21:09:46 GMT

    You will get to actually own India’s biggest insurer, at least partially, if you can lay hands on a part of Life Insurance Corporation's stake that will be up for sale soon. Here's what the share sale ...

  2. LIC is Indias biggest IPO yet: What you need to know

    Thu, 20 Jan 2022 04:26:00 GMT

    As LIC is India's biggest insurance company holding more than 2/3rd market share, everyone has their eyes set on its upcoming IPO. Here is everything you need to know about the LIC IPO, which has held ...

  3. Wilmars India joint venture moves forward with planned IPO

    Thu, 20 Jan 2022 16:13:00 GMT

    The proposed offering will involve the issue of up to 36 billion rupees (S$651.5 million) in new shares, with a face value of one rupee apiece. . Read more at

  4. LIC IPO: Decoding the metrics, products and terms in life insurance that matter for investors

    Tue, 18 Jan 2022 01:17:43 GMT

    A guide to the jargon associated with life insurance for policyholders who may want to subscribe to Life Insurance Corporation’s upcoming IPO ...

  5. A Deleted Tweet, An Allegedly Abusive Call: Fintech BharatPe vs Kotak

    Mon, 10 Jan 2022 05:29:00 GMT

    New Delhi: Days after an audio clip of a man abusing a bank employee went viral, Kotak Mahindra Bank has said it is looking to sue fintech BharatPe's founder Ashneer Grover for using ...

  6. View: Delightfully vague law on denial of IPO financing and resultant opportunity loss

    Tue, 11 Jan 2022 01:40:20 GMT

    Lenders' liability is an evolving law even in western nations. In India, we have but the platitudinous RBI guidelines adopted by banks to show. The BharatPe-Kotak case must thus be understood in this ...

  7. EXCLUSIVE: CoinDCX plans to hire more than 2,000 people this year — and they are not just looking at coders

    Tue, 18 Jan 2022 01:47:00 GMT

    Indian cryptocurrency exchange CoinDCX is looking to grow its team by 10 times this year. In an exclusive interview with Business Insider, the company’s COO ...

  8. Gearing up for India’s Aramco moment

    Tue, 18 Jan 2022 16:55:00 GMT

    Bureaucrats burn the midnight oil in New Delhi, working through power cuts to pull together an initial public offering (IPO) to rival any ... old as post-independence India. For almost two years ...

  9. What’s up with... Virgin Media O2, Ericsson, Reliance Jio

    Mon, 10 Jan 2022 09:47:00 GMT

    Virgin Media O2 goes alone with roaming fee pledgeEricsson boasts Cloud RAN security milestoneReliance Jio tipped for IPO ...

  10. UPDATE 1-Indian fintech firm Pine Labs confidentially files for U.S. IPO - Bloomberg News

    Sun, 09 Jan 2022 23:23:00 GMT

    Goldman Sachs and Morgan Stanley are the lead bankers on the IPO, Bloomberg News reported, adding that details such as the size and timing could still change. Last week, India's top lender State ...

New India Assurance IPO Alerts

1. New India Assurance IPO - Listing  Sunday, November 12, 2017 11:16:30 PM

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

2. New India Assurance IPO - Close  Thursday, October 26, 2017 5:35:17 AM

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.

3. New India Assurance IPO - Open  Thursday, October 26, 2017 5:34:56 AM

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).

New India Assurance IPO News & Events FAQs

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.