The New India Assurance Company Limited IPO

The New India Assurance Company Limited IPO

Issue Detail:

»» Issue Open: Nov 1, 2017 - Nov 3, 2017

»» Issue Type: Book Built Issue IPO

»» Issue Size:120,000,000 Equity Shares of Rs 5 aggregating up to Rs 9,600.00 Cr

› Fresh Issue of 24,000,000 Equity Shares of Rs 5 aggregating up to Rs [.] Cr

› Offer for Sale of 96,000,000 Equity Shares of Rs 5 aggregating up to Rs [.] Cr

»» Face Value: Rs 5 Per Equity Share

»» Issue Price: Rs 770 - Rs 800 Per Equity Share

»» Market Lot: 18 Shares

»» Minimum Order Quantity: 18 Shares

»» Listing At: BSE, NSE

Retail & Employee Discount

A discount of Rs 30 per equity share is offered to applications in retail and employee quota.

Timetable in respect of the Offer:

Bid/Offer Opens On: November 1, 2017

Bid/Offer Closes On: November 3, 2017

Finalisation of Basis of Allotment: On or about November 8, 2017

Initiation of refunds: On or about November 9, 2017

Credit of Equity Shares to demat accounts: On or about November 10, 2017

Commencement of trading of the Equity Shares on the Stock Exchanges: On or about November 13, 2017