|
Issue Open Date
|
01-Nov-17
|
|
Issue Closing Date
|
03-Nov-17
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
770
-
800
|
|
Minimium Application No.
|
18
|
|
Issue Size (Shares)
|
120000000
|
|
Market Lot
|
1.00
|
|
|
|
Objective
|
|
The Offer comprises a Fresh Issue by our Company and an Offer for Sale by the Selling Shareholder
|
|
|
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Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
17460000
|
2030004
|
0.12
|
Qualified Institutional Buyers
|
58200000
|
135966888
|
2.34
|
Retail Individual Investors
|
40740000
|
4599054
|
0.11
|
|
|
|
Business Description
|
|
We are the largest general insurance company in India in terms of net worth, domestic gross direct premium, profit after tax and number of branches as of and for the fiscal year ended March 31, 2017 (Source: CRISIL Report). Our Company has been in operation fo |
more... |
|
|
Promoter's Holding
|
|
Total Share Capital
|
|
|
Offered to Public
|
|
|
Promoter's Holding (Pre-Issue)
|
|
|
Promoter's Holding (Post-Issue)
|
|
|
|
|
|
|
|
|
Address |
New India Assurance Building 87 M . G . Road Fort
Mumbai
,
Maharashtra
,
400001
Phone:
022 2270 8263
Email:
investors@newindia.co.in
Website:
www.newindia.co.in
|
|
Registrar |
Link Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
|
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Listed at |
BSE, NSE
|
|
Lead Manager |
Axis Capital Ltd. IDFC Bank Ltd. Kotak Mahindra Capital Co Ltd Nomura Financial Advisory & Securities (India) Pvt Ltd. Yes Securities (India) Ltd.
|
|
Promoters |
The President of India
|
|