📅Offer Date: 01 Nov 2017 – 03 Nov 2017
Data sourced from BSE & NSE · Last updated
The New India Assurance Company Limited IPO was subscribed 1.20x in total when bidding closed on 03 Nov 2017, with 2.34x in the QIB category, 0.11x in NII, 0.12x in retail. The issue ran from 01 Nov 2017 to 03 Nov 2017 at a price band of ₹770.00–₹800.00 per share.
Times subscribed by category against the 1× line.
Based on retail subscription (0.12x). Final allotment decided by registrar's computerised lottery.
| Category | Offer | Applied | Times |
|---|---|---|---|
| QIBs | 5,82,00,000 | 13,61,88,000 | 2.34x |
| NIIs | 1,74,60,000 | 19,20,600 | 0.11x |
| Retail | 4,07,40,000 | 48,88,800 | 0.12x |
| Total | 12,00,00,000 | 14,40,00,000 | 1.20x |
| Employee | 36,00,000 | 7,20,000 | 0.20x |
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIBs | 4656.00 | 10895.04 | 2.34x |
| NIIs | 1396.80 | 153.65 | 0.11x |
| Retail | 3259.20 | 391.10 | 0.12x |
| Employee | 288.00 | 57.60 | 0.20x |
| Total | 9600.00 | 11497.39 | 1.20x |
Values derived from share count × issue price (₹800.00)
Because The New India Assurance Company Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.
NSE, BSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.