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Open
1 Nov 2017
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Close
3 Nov 2017
3
Allotment
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Listing
Mon, Nov 13, 2017
Price Band
₹770 to ₹800
Issue Size
12,00,00,000 shares (agg. up to ₹9,586 Cr)
Lot Size
18 Shares
Listing Date
Mon, Nov 13, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.19x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 17,619.48 | 17,344.34 | 18,074.68 | 16,645.51 |
| Total Income | 5,571.53 | 20,471.40 | 17,585.78 | 15,632.00 |
| Profit After Tax | 499.41 | 819.82 | 934.60 | 1,374.26 |
| NET Worth | 12,657.39 | 12,086.49 | 11,564.61 | 11,229.52 |
| Reserves and Surplus | 12,625.13 | 12,107.83 | 11,800.39 | 11,029.52 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| General Insurance Corp.of India | Mainboard | ₹11,256.83 Cr | ₹912 | null | ₹874.30 | -4.13% | ₹348.10 |
| ICICI Lombard General Insurance Co.Ltd. | Mainboard | ₹5,700.94 Cr | ₹661 | null | ₹681.20 | +3.06% | ₹1,484.40 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Future capital requirements which are expected to arise from the growth and expansion of the business, improving the solvency margin and consequently the solvency ratio. | 1,880.37 |
| 2 | Offer related expenses in relation to the Fresh Issue | 13.02 |
| Total | 1,893.40 |
About New India Assurance IPO
Updated on Aug 5, 2026
Contact Details
New India Assurance Co.Ltd.,The Address87, M.G.Road, FortMumbai, Maharashtra, 400001+91 22 2270 8263investors@newindia.co.inVisit Website