New India Assurance IPO Grey Market Premium
New India Assurance IPO is finally coming in the market in the first week of November. The company is 100% government owned multinational general insurance company. This is the second biggest IPO of this year after GIC IPO. SBI Life Insurance and ICICI Lombard are not performing good in the market. Everyone’s eye is over General Insurance Corporation listing date to see how it performs. However New India Assurance Company Limited is the market leader, owned by government, deals in diversified products and has presence over 28 countries. It would be interesting to see the reaction of people towards New India Assurance Company Limited IPO. Let’s look at New India Assurance IPO grey market premium. You can check New India Assurance IPO gmp daily with Kostak rates.
New India Assurance IPO Grey Market Premium rates
Day by day New India Assurance ipo gmp rates are as follows –
- Grey market premium as on today at Discount with Kostak at N/A
- Grey market premium as on 05-11-2017 Discount with Kostak at N/A
- Grey market premium as on 04-11-2017 Discount with Kostak at N/A
- Grey market premium as on 03-11-2017 Only Seller with Kostak at N/A
- Grey market premium as on 02-11-2017 Only Seller with Kostak at N/A
- Grey market premium as on 01-11-2017 Only Seller with Kostak at N/A
- Grey market premium as on 31-10-2017 Only Seller with Kostak at N/A
- Grey Market premium as on 30 Oct 2017 at N/A with Kostak at N/A
- Grey Market premium as on 29 Oct 2017 at N/A with Kostak at N/A
- Grey Market premium as on 28 Oct 2017 at N/A with Kostak at N/A
- Grey Market premium as on 27 Oct 2017 at N/A with Kostak at N/A
- Grey Market premium as on 26 Oct 2017 at N/A with Kostak at N/A
New India Assurance Company Limited Issue Details
- IPO Open Date – 1 November 2017
-
Issue Size – 120,000,000 Equity Shares of Rs. 5 amounting to Rs……. Cr
Fresh Issue of 24,000,000 equity shares of Rs. 5 each
Offer for sale of Rs 96,000,000 equity shares of Rs. 5 each - Face Value – Rs 5 per share
- Issue Price – Rs. 770-800
- Lot size – 18 shares
- Minimum order quantity – 18 shares
- Listing Stock exchanges – NSE and BSE
New India Assurance IPO Important Dates:
- IPO Opens on – 1 November 2017
- IPO Closes on – 3 November 2017
- Allotment of shares – On or after 8 November 2017
- Refund process starts on – On or after 9 November 2017
- Transfer of equity shares to Demat Account – On or after 10 November 2017
- Listing of New India Assurance Company Limited IPO shares on exchanges – On or after 13 November 2017
- Trading of shares starts on – On or after 13 November 2017
Disclaimer
- Kostak Rate is the premium that one gets by selling IPO application before allotment or listing of the issue.
- We are not involve in buying and selling of IPO forms in IPO Grey market.
- Study the fundamentals of the company before applying for the IPO.
- IPO grey market premium is valid for the specific date that is mentioned.
