IPO The New India Assurance company Limited

The IPO consists of up to 120,000, 000 equity shares.

Bid /offer Date – November 01,2017 and closing  Date – November 03,2017.

IPO consists of fresh issue of up to  24,000 000 Equity shares.

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Offer for sale of up to 96,000,000 equity shares by the president of india , acting through the MoF, GOI.

The offer includes a reservation of up to 3,600,000 equity shares for subscription by eligible Employees.

Exif_JPEG_420The minimum bid lot is 18  equity shares and in multiple of 18 shares thereafter.

Exif_JPEG_420 The New India Assurance Co.Ltd public offer to open Wed,Nov 01 2017.with Price Band of Rs 770 to Rs 800 per equity share each of face value of Rs 5/- each .

Leader in general insurance with market share of 15℅ and it’s forte is Motor with 38℅ and health, fire,Crops with sturdy fiscal management and is the dearer to its clients.

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