The New India Assurance Company Limited
01 Nov 2017 – 03 Nov 2017
LISTED
Offer Price
₹770–800
Bid lot
18
Min Application
₹14,400
Issue Size
₹9,600 Cr
Key dates
Open date
01 Nov 2017
Done
Close date
03 Nov 2017
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
13 Nov 2017
Today
Issue reservation
₹9,600 CrQIB 50%Retail 35%5%
QIB
6.00 Cr sh · ₹4800.00 Cr
Retail
4.20 Cr sh · ₹3360.00 Cr
Employee
60.0 L sh · ₹480.00 Cr
BRLM: Kotak Mahindra Capital Company Limited · Axis Capital Limited · Nomura Financial Advisory and Securities (India) Private Limited · IDFC Bank Limited · YES Securities (India) Limited
Lot ladder — how much to bid
1 lot = 18 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
18 sh · ₹14,400
Max · 13 lots
234 sh · ₹1,87,200
S-HNI · ₹2 L to ₹10 L14–69 lots
Min · 14 lots
252 sh · ₹2,01,600
Max · 69 lots
1,242 sh · ₹9,93,600
B-HNI · Above ₹10 L70+ lots
Min · 70 lots
1,260 sh · ₹10,08,000
Entry point
₹10,08,000 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Axis Capital Limited, Nomura Financial Advisory and Securities (India) Private Limited, IDFC Bank Limited, YES Securities (India) Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
1.35×
0×1×2×3×+
Fully subscribed
Book₹8,640 Cr
Subscribed₹11,702 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 6,00,00,000₹4,800 Cr | 14,04,00,000₹11,232 Cr | 2.34× |
| HNI | 1,80,00,000₹1,440 Cr | 21,60,000₹172.80 Cr | 0.12× |
| Retail | 4,20,00,000₹3,360 Cr | 46,20,000₹369.60 Cr | 0.11× |
| Employee | 60,00,000₹480.00 Cr | 12,60,000₹100.80 Cr | 0.21× |
| Total | 10,80,00,000₹8,640 Cr | 14,62,80,000₹11,702 Cr | 1.35× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 11,232.00 |
| HNI | 172.80 |
| Retail | 369.60 |
| Employee | 100.80 |
| Total | 11,702.40 |
Amounts at the upper band (₹800). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the The New India Assurance Company Limited IPO?
One lot of 18 shares — ₹14,400 at the upper price band of ₹800.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2017-11-13 on NSE.