New India Assurance Company Ltd Ipo

IPO Synopsis Initial public offering of 120000000 equity shares of face value of Rs. Read members review comments about The New India Assurance Company Limited IPO page 13.

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New India Assurance operates both in India and foreign countries.

New india assurance company ltd ipo. Ltd NIA is the oldest in operation for almost a century and largest general insurance company in India. It offers personal insurance products including personal accident householders motor and various mediclaim policies as well as money road safety TVVCRVCP mobilecellular phone and other personal insurance products. The President of India acting through the MoF is the promoter of the company and holds 100 of the pre-Offer paid-up Equity Share capital of the company.

The IPO page of The New India Assurance Company Ltd. New India Assurance Company Limited NIA is the largest general insurance company in India in terms of net worth domestic gross direct premium profit after tax and number of branches as on March 2017 CRISIL. 795 per equity share offer price Aggregating to Rs.

THE NEW INDIA ASSURANCE COMPANY LIMITED-IPO History of Company NIA is the largest general insurance company in India in terms of net worth domestic gross direct premium profit after tax and number of branches as of and for the fiscal year ended March 31 2017. Company has been in operation for almost a. The New India Assurance Company Ltd together with its subsidiaries operates as a general insurance company in India and internationally.

The equity shares of the company to be list at BSE and NSE. The New India Assurance Company Limited IPO to open on Nov 01 2017 and close for subscription on Nov 03 2017. New India Assurance IPO - Close Thursday October 26 2017 53517 AM.

Buy or renew insurance online. Largest public sector general insurance company of India. New India Assurance IPO review May apply The New India Assurance Co.

The New India Assurance Company Limited IPO Company Profile IPO Date Price Band Analysis 29th October 2017 New India Assurance the largest General Insurance company in India in terms of 1 Net Worth 2 Domestic Gross Direct Premium 3 Profit After Tax and 4 Number of Branches is planning to raise INR 9600 crore 1920 crore of Fresh Issue 7680 crore of OFS via initial. 1919 Our Company. The company was nationalized by the GoI on January 1 1974.

New India assurance company ltd IPO - Check out complete details of new India assurance company ltd ipo including IPO price band date of issue allotment detail listing at BSE NSE and recommendations at HDFC securities. The New India Assurance Company Ltd IPO allotment price is Rs 800 per equity share and was over subscribed by around 119 timesThe New India Assurance IPO Lists At Rs 72505 at closing. View New India Assurance Company Ltd IPO synopsis for Forthcoming IPO issue Open IPO issue Close IPO issue and New listing on both BSENSE stock exchanges.

Home IPO Grey Market Premium and Discussion IPO 2017 New India Assurance IPO New India Assurance IPO Business description from prospectus New India Assurance is the largest general insurance company in India in terms of net worth domestic gross direct premium profit after tax and number of branches as of and for the fiscal year ended March 31 2017. The price band for the issue has been fixed at Rs 770 at lower level and Rs 800 at upper level. New India Assurance IPO.

Captures the details on its Issue Open Date Issue Close Date Listing Date Face Value Price band Issue Size Issue Type and Listing Dates Open Price High Price Low Price Close price and Volume. The New India Assurance Co. Heres What You Need To Know.

New India Assurance NIA the largest general insurance company in the country is set to hit the capital markets with around Rs10000 crore initial public offering IPO in the first week of November. The one we are going to talk about today is New India Assurance Company Ltd a Government of India Company. As of March 31 2017.

It has 2452 offices across 29 States and 7 Union Territories and has presence in 28 other countries as of June 2017. Find archived messages ask IPO question get expert advice and share thoughts. NIA offers insurance in categories including.

Of India Ltd GIC Re which will be listed on 25 October. NIA is the largest general insurance company in India in terms of net worth domestic gross direct premium profit after tax and number of branches as of and for the fiscal year ended March 31 2017 Source. New India Assurance IPO New India Assurance Company Limited IPO comprises of up to 120000000 Equity Shares of the Company consisting of a fresh issue of up to 24000000 equity shares and an offer for sale of up to 96000000 equity shares by The President of India acting through the Ministry of Finance Government of India the Selling Shareholder.

800 per equity share including a share premium of Rs. In last several issues while others were really successful IPOs and given handsome gains on listing day this IPO does not turned well with the expectations of investors. Lets get you the front row tickets to the premier as its gonna be amazing this month as well.

The century-old New India Assurance Company Ltd. 5 each equity shares of the New India Assurance Company Limited issuer or company for cash at a price of Rs. The offer comes soon after the Rs11370 crore IPO of General Insurance Corp.

A new month and fresh supply of IPOs are starting. 946698 Crores consisting of a fresh issue of 24000000 equity shares aggregating. Will launch its Rs 9600 crore initial public offering today as the government continues to pare stake in state-run insurersIndias largest general insurer will sell shares at Rs 770-800 apiece valuing the company at up to Rs 65920.

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