IPO Price History
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The New India Assurance Company Limited logo

The New India Assurance Company Limited IPO

Mainboard IPOListedNIACLNSE
Current Market Price (CMP)
₹159.80(-80.03%)
Current Price (CMP)
₹159.80(-80.03%)

Live Market Quote

Listing Price & Gain
₹375(-53.13%)

Day 1 Exchange Open

IPO Issue Price
₹800

Band: ₹770 - ₹800

Total Subscription
1.19x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
01 Nov 2017
IPO Bidding Closes
03 Nov 2017
Allotment & Refunds
Completed
Exchange Listing Day
13 Nov 2017

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 1.19x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)2.34x
Non-Institutional Investors (NII / HNI)0.12x
Retail Individual Investors (RII)0.11x
Employees Reservation0.21x
Total Subscription1.19x
Updated as on 03 Nov 2017 at 2000 hrs

Listing Day & Return Performance

Listing Day Gain-53.13%
₹800 (Issue) → ₹375 (List)
Per share profit: ₹-425.00
Holding Return (Till Date)-80.03%
₹800 (Issue) → ₹159.80 (CMP)
Net gain per share: ₹-640.20
Post-Listing Performance (Listing Day → Today):-57.39%

About The New India Assurance Company Limited IPO

The New India Assurance Company Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 01 Nov 2017 and concluded on 03 Nov 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹770 - ₹800.

During the bidding window, The New India Assurance Company Limited recorded an overall subscription of 1.19 times. Institutional investors (QIB) subscribed 2.34x, non-institutional high-net-worth investors (NII) subscribed 0.12x, and retail individual investors (RII) bid 0.11x their reserved quota, alongside employee participation of 0.21x.

The equity shares of The New India Assurance Company Limited officially debuted on the stock exchanges on 13 Nov 2017 at an opening listing price of ₹375, delivering a listing day return of -53.13% (discount) over the final issue price. As per the latest market data, the stock trades at ₹159.80, representing an overall decline of -80.03% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of The New India Assurance Company Limited IPO?
The issue price of The New India Assurance Company Limited IPO was fixed at ₹800 per equity share. The indicative bidding price band was ₹770 - ₹800.
What were the open, close, and listing dates for The New India Assurance Company Limited IPO?
The New India Assurance Company Limited IPO opened on 01 Nov 2017, closed on 03 Nov 2017, listed on 13 Nov 2017.
How much was The New India Assurance Company Limited IPO subscribed?
The IPO received an overall subscription of 1.19 times. Category-wise, QIBs subscribed 2.34x, NIIs subscribed 0.12x, and Retail investors subscribed 0.11x.
What was the listing price and listing gain of The New India Assurance Company Limited IPO?
The New India Assurance Company Limited IPO listed on the stock exchange at ₹375, delivering a listing discount of 53.13% compared to the IPO issue price of ₹800.
Is The New India Assurance Company Limited IPO a Mainboard or SME IPO?
The New India Assurance Company Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of The New India Assurance Company Limited IPO since its IPO?
At the latest market quote of ₹159.80, The New India Assurance Company Limited IPO has generated an all-time return of -80.03% since its initial public offering.

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