New India Assurance IPO Subscription Details

Bookbuilding IPO | ₹9,586 Cr | Listed at BSE, NSE | Wed, Nov 1, 2017 - Fri, Nov 3, 2017

Basis of Allotment - New India Assurance IPO

Category QIB NII Retail Employees Total
Allocation (No. of shares)5,82,00,0001,74,60,0004,07,40,00036,00,00012,00,00,000
Allotment price (Rs.)800800770770799
No.of applications551271,16,6147,3031,24,099
No.of shares applied13,58,67,96019,35,63040,70,4306,55,34414,25,29,364
Amount collected (Rs.cr.)10,869.44 154.85 313.42 50.46 11,385.51
No.of times subscribed2.330.110.100.181.19
No.of shares allotted11,33,38,59619,35,63040,70,4306,55,34412,00,00,000
Amount (Rs.cr.)9,067.09 154.85 313.42 50.46 9,585.82
No.of allottees491271,16,6147,3031,24,093

IPO Shares Offered

New India Assurance IPO is a public issue of 12.00 Cr equity shares. The issue offers 4.07 Cr shares to retail investors, 5.82 Cr shares to qualified institutional buyers, and 1.75 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 5,82,00,0004,656.00 48.50%
NII 1,74,60,0001,396.80 14.55%
Retail4,07,40,0003,259.20 33.95%
Employee36,00,000288.00 3.00%
Total12,00,00,0009,600.00 100%

IPO Subscription FAQs

The New India Assurance IPO is subscribed 1.1934798 times by Nov 03, 2017 16:00.

New India Assurance IPO Subscription

Investor Category Subscription (times)
Qualified Institutional2.33540010309278
Non Institutional0.1142
Retail Individual0.11290029455081
Employee Reservations0.1955
Total Subscription1.1934798

Retail category of New India Assurance IPO subscribed 0.11290029455081 times as of date Nov 03, 2017 16:00. The public issue closes on Fri, Nov 3, 2017 for bidding.

An investor can apply in New India Assurance IPO online via bank (using ASBA) or the broker (using UPI). The New India Assurance IPO shares are offered online only.

The New India Assurance IPO is subscribed 1.1934798 times by Nov 03, 2017 16:00.

The New India Assurance IPO allotment status is expected on or around Wednesday, November 8, 2017. Visit New India Assurance IPO allotment status to check.

The New India Assurance IPO listing date is November 13, 2017. The equity share of New India Assurance IPO will list on BSE, NSE.

Visit New India Assurance IPO subscription status page for real-time bidding information about New India Assurance IPO.

New India Assurance IPO Timetable

IPO opens OnWednesday, November 1, 2017
IPO Closes OnFriday, November 3, 2017
Finalisation of Basis of AllotmentWednesday, November 8, 2017
Initiation of RefundsThursday, November 9, 2017
Credit of Shares to Demat AccountFriday, November 10, 2017
IPO Listing DateMonday, November 13, 2017
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