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New India Assurance Co.Ltd.,The IPO
₹727.10
−9.11% on listing
Listing-day close · NSE · 13 Nov 2017 · issue price ₹800
New India Assurance Co.Ltd.,The’s ₹9,586 crore IPO was priced at ₹800 a share. It listed on the NSE on 13 Nov 2017 and closed its first day at ₹727.10, down 9.11% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹9,586 Cr
- Fresh issue
- ₹1,917 Cr
- Offer for sale
- ₹7,669 Cr
- Lot size
- 18 shares
- Minimum investment
- ₹14,400
- Face value
- ₹5
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.19× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹65,920 Cr
- Promoter holding
- 100.00% → 85.44%
From the offer documents.
Listing
- Listing date
- 13 Nov 2017
- Issue price
- ₹800
- Open
- ₹750.00
- High
- ₹750.00
- Low
- ₹717.40
- Close
- ₹727.10
Listing day on the NSE. The close was −9.11% on the issue price.
NIACL share price todayFAQs
When did the New India Assurance Co.Ltd.,The IPO open and close?
It opened on 1 Nov 2017 and closed on 3 Nov 2017.
What was the New India Assurance Co.Ltd.,The IPO price?
The price band was ₹770–800 a share. The final issue price was ₹800.
What is the lot size and minimum investment?
One lot is 18 shares, ₹14,400 at ₹800 a share. Retail investors apply in whole lots.
How much did New India Assurance Co.Ltd.,The raise?
₹9,586 crore: ₹1,917 crore of new shares and ₹7,669 crore offered by existing shareholders.
How many times was the New India Assurance Co.Ltd.,The IPO subscribed?
1.19 times overall.
How did New India Assurance Co.Ltd.,The list?
It listed on the NSE on 13 Nov 2017 at ₹750.00 and closed the day at ₹727.10, down 9.11% on the ₹800 issue price.
Who is the registrar of the New India Assurance Co.Ltd.,The IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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