243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

The New India Assurance Company Limited

The New India Assurance Company Limited is an Insurance based company, located in Mumbai, The New India Assurance Company Limited IPO size was 9600.00 Cr. and was issued at 800.00 per share. The share of The New India Assurance Company Limited were listed at 725.05 per share and are currently trading at 207.78 per share.

Type :
Sub Sector : General Insurance Company
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
2405.72 Cr.

PAT :
1997.64 Cr.

Pricing Report

Issue Price :
800.00

Listing Price :
725.05

Current Market Price :
207.78

Issue Price vs CMP :
592.22 (74.03%)

listing Price vs CMP :
517.27 (71.34%)

Performance Report (CAGR* wise)

CAGR : -17.27
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

MainBoard IPO Details (at the time of IPO)

IPO Date :
Nov, 2017
IPO Size :
9600.00 Cr.
Subscription :
1.20 X     
PE Multiple :
32.00
Merchant Banker :
Axis Bank Limited

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FAQs

The New India Assurance Company operates in Insurance and General Insurance Company. The Issue is listed on MainBoard in Nov, 2017. The New India Assurance Company IPO size was 9600.00 Cr. with Issue price of 800.00 .

Merchant Banker(s) of The New India Assurance Company IPO: Axis Bank Limited , Idfc Bank Limited , Kotak Mahindra Capital Company Limited , Nomura Financial Advisory And Securities (India) Private Limited

The New India Assurance Company IPO subscription was 1.20 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

The New India Assurance Company IPO listed at a listing price of 725.05 against the offer price of 800.00.

The current market price of The New India Assurance Company is 207.78.

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