The New India Assurance Company Limited IPO Message Board (Page 11)

A good long term bet . Should have been priced better for attracting investors. Nothing in it for speculators. On listing it is an excellent shorting candidate.

GIC Govt bid more that a billion $ or 8000cr for GIC and a billion $ or 6.5 crore on NIC using LIC small investor Money to entrap even more small investors ..
So AVOID ... buy when it crashes atleast 15% on day one !!

Allotment for Reliance Nippon Life AMC Out

https://corpreg.karvy.com/ipostatus/

Qualified Institutional Buyers (QIB) ------------------ 2.13x
Non Institutional Investors (NII) ----------------------- 0.02x
Retail Individual Investors(RII) ------------------------ 0.03x
Employee Reserved (EMP) --------------------------- 0.04x

Total ------------------------------------------------------- 1.05x

No.of Applications (Approx) -------- 29433

Applicationwise (Approx) --------------- 0.01x

Qib के नाम पर RII से धोखा
Gic की कहानी दुबारा
काठ की हाँडी दुबारा नही चढती

everyone on cnbc and zee business are recommending for avoid....wait for listing day and then it can be bought at lower price....valuations are high....definitely it will be available on lower price on listing day like other insurance ipo''s....so dont go after QIIB subscription figures, it''s just intentional like GIC....

Dudh ka jala chach bhi fuk fuk kar peeta hai :)
GIC still down today...no proper movement in that....same will the fate of NIA and may be even worse....

*NEW INDIA ASSURANCE*
2ND DAY SUBS.FIGURE AT 10:06 A.M.
QIB 2.13X
NII 0.02X
RII 0.02X
EMP 0.00X
TOTAL 1.04X

Total No.of FORMS : 22008
*Apps Wise : 0.01X*

I m thinking to apply today because of subscription figure of Qib... Well if I make loss I don''t mind because it is my own decision... Any how I sold gic re @885. No loss in that...

It is not worth. even if meager listing gain is there

Today Events -

3 ipos available for bidding
----------------------------------
1. Mahindra Logistics Ltd (Last day)
2. The New India Assurance Co Ltd
3. Khadim India Ltd

Allocation declaration ---------- Reliance Nippon AMC

@Septa sir
what your view on New India Assurance company Limited IPO?

Please me guide apply or no?

Seriously, I''m still surprised to see the retail subscription figures of 0.0200 after GIC/SBI/ICICI fiasco.

Kisi ne sahi kaha he, "Lalach buri bala he" bhai.

Same GIC re route follow in bidding by Big QIB''s to trap retailers....hope so by most of people easily avoidable this IPO !!

Folks, do u still believe that one can make money by investing in the IPO''s of insurance companies. Just check out who else is selling out.

LIC, SBI and UTI will have buy any junk because they need to invest the New Pension Scheme money of State as well as Central Government Employees they get every month. Just imagine 10% mandatory employee contribution and matching 10% Govt. contribution. These three companies in equal proportion gets the share NPS contribution from government employees. The caveat now is that they can invest only 15% in equities, the rest needs to be invested in fixed income money markets products or debt instruments.
The wiser one goes for investment in Maruti, Bajaj Finance, HDFC Bank, Asian Paints, Page industries, Eicher Motors to take advantage of the consumption boom. These shares are positioned to give a minimum 20% compounded return at least for the next 5 years.
But many of the IPOs are at much more higher valuations these bluest among the blue chips.
It is IPO hysteria now. Only a jolt can bring sanity into IPO market. Is that in the near vicinity. I can''t see anything. Even if investors loose money in the IPO they will scribe thinking that the promoters are sharing their wealth with the investment community. So make the right move and prove that you are intelligent.

Jab LIC Ho Sath to Fikar ki Kya baat ??
As a lic policy holder bahut fikar ho raha hai ,, har issue mein 8 se 10 hazar crore pe 15% ghata to bahut mehenga padeg lic mein policy lenewalonko !!

LIC buys in huge quantity in large issues which they can not buy from open market. In most issues in past , LIC has made huge money. They r the smartest taking quanta calls

LIC ka poora saath hai, retail investor par jordaar laat hai.

i dont understand if majorly QIB has to invest money in it, then why to bring issue, directly they can buy shares....now LIC and other QIB''s putting so much money in NIA that issue is fully subscribed because of them, then why not in GIC which has still not touched it''s listing value of 912....dont know what will happen to NIA also after listing...

Government''s true plan & intentions are now wide open.

SEBI should take a note of this scenario. Is it really a Public issue where a visible & equitable participation from small individual investors, large individual investors & institutional investors (all three) is a must.

If objective is to sell stocks somehow to institutional investors then government should opt for 100% private placement route but legally it may not be tenable and hence bali ka bakra (retail investors & NII) are needed.
There is so much euphoria in primary market that we do not even mind become Bali Ka Bakra. But a time will come....when the same investors will make the government understand that enough is enough......
It is a high time that large public sector issue should fail to sail thru...........and fail.

It is nothing but greed of the government. This greed will completely kill the sentiment in public sector insurer stocks.
Just for the sake of making divestment successful BJP government is working overtime to get as much as possible from investors by any means. Schemes like RGESS conceptually good but gives peanuts to new retail investors when the same new investors will get butchered in primary market by the greed of the government. Promises after promises by government but reality is that this government will not think twice to kill the golden bird (retail investors) just to make money for itself.

Moral of the story: Apka koi mai baad nahi hai stock market who has your well being in mind. Safeguard yourself..........Play safe and be alert.

riced at P/BV      ICICI - 7.6      NEw India - 2.4

98 years old company.. 2019 100 years and big dividend.

This issue is fulfilled only by QIB, retail and employee will give dhokha to New India.

JUST UNABLE TO UNDERSTAND EPS

STANDALONE EPS
PAGE #249 RHP
2015 2016 2017 2018^
68.71 46.73 40.99 99.88

PAGE #117 RHP
2015 2016 2017 2018^
17.18 11.68 10.25 24.96

CONSOLIDATED EPS
PAGE #86 RHP
2015 2016 2017 2018^
70.79 48.06 42.89 100.72

PAGE #118 RHP
2015 2016 2017 2018^
17.70 12.02 10.72 25.16

^Annualised

Can any expert help to understand. Is it printing error or I am not getting it correctly ?

Eq capital increased to 4 times thru bonus issue hence eps diluted divided by 4

jab sbi 750 par pahunch jayega shayad tab tak samajh aa jayegi kuch