The New India Assurance Company Limited IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTracker

IPOGMPTracker Team

Nov 1, 2017 · 2 min read

The New India Assurance Company Limited IPO – GMP, Review, Share Price, Subscription, and Details
IPO GUIDE
IPOGMPTRACKER

Complete analysis of the The New India Assurance Company Limited initial public offering (IPO), including daily grey market premium (GMP) updates, subscription trends, and allotment links.

1.The New India Assurance Company Limited IPO Overview

The initial public offering (IPO) of The New India Assurance Company Limited is a public issue under the Mainboard board. The subscription window is scheduled to open on Nov 1, 2017 and close on Nov 3, 2017, with the price band fixed at ₹770–800 per equity share.

2.Issue Details at a Glance

DetailValue
Bidding DatesNov 1, 2017 – Nov 3, 2017
Price Band₹770–800
Lot Size18 shares
Minimum Investment₹13,860
Issue SizeTBA
Listing AtNSE, BSE

3.Bidding, Allotment & Listing Timeline

  • Bidding opens: Nov 1, 2017
  • Bidding closes: Nov 3, 2017
  • Allotment date: TBA
  • Listing date: 2017-11-13
  • Minimum investment: ₹13,860 for 18 shares

4.The New India Assurance Company Limited IPO GMP Today

No grey market premium has been recorded for The New India Assurance Company Limited yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for The New India Assurance Company Limited IPO

  1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
  2. 2Search for "The New India Assurance Company Limited IPO" and select it from the list of current issues.
  3. 3Choose your demat account and enter your bid quantity in multiples of the 18-share lot, at a price within the ₹770–800 band (or bid at cut-off, if eligible).
  4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2017-11-13 on BSE and NSE. Once finalised, check your status on the The New India Assurance Company Limited IPO allotment status page.

6.How to Track Subscription & Allotment

7.Conclusion

The New India Assurance Company Limited opens on Nov 1, 2017 and closes on Nov 3, 2017 at ₹770–800 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.

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