The New India Assurance Company Limited IPO Message Board (Page 14)

Most messages in this forum are just "pass-time type, without any basis.
The ugly fact is that most IPOs are very aggressively overpriced, including the Govt. ones, where the lower officials always try to please their bosses by putting up the final pricing e.g. GIC, CICILombard etc. etc.

HDFCLife may be ok.

#Irony @)

@Oriental - This is the way a public (specially free) forum works. There will be lot of noise but also gem of information will be scattered here & there. Boarders will need to put some effort to locate the info which may be useful for them. It is not a customer service of a professional company where some one can always put any question and get specific answers.

There is no point in criticising a forum. Fact is that we are here indicates it is useful so leverage it to the best for your needs and also look how you can contribute to the forum with useful information.

आज अगर GIC का शेयर चले तो निकलने में समझदारी है क्यों की इससे साफ़ जाहिर हो रहा है की सरकार सिर्फ NIA को सब्सक्राइब करवाने के लिए अपने इंस्टीटूशन्स से GIC शेयर रेट बढ़ा रही है इसलिए भलाई इसी में है की इससे निकले और NIA में इन्वेस्ट न करें क्योंकि उसके बाद कोई इशू नहीं है और हम लोग TRAP हो जायेंगे 100 प्रतिशत

After NIA government has lined up 8000 Cr mammoth, India 22 ETF (pls excuse if the name is wrong). So they will have to bail out retail if they want subscription in the ETF.

Due to the GIC debacle, they have offered 3% discount to all the investors i.e. QIB, NII as well as Retail !!!

Very true

hi,

I want to apply The new india assurence IPO , to avail discount of Rs. 30 at which price i have to bid ? at Cut of price or at Rs. 770.............?

Thank you in advance

Whatever price you think you will get an allotment at. RII discount would be applied on the final allotment price.

I will apply the moment it appears under IPO tab of internet banking.
Planning to hold this gem till life time, it will be a massive wealth creator.

You can definitely get it at lower price on listing day so no need to subscribe and get at high price

aab honi ko kon tal sakta he. this is the differance between retail investor and smart investor. for example jis product ki price 100 ho to why ham 120 pe buy kre. but best of luck for making loss. and yad rakhna har bar aese IPO ko bchane LIC nahi aayega .

keep eye on GIC it can jump for sake of NIA

no competitor as both are govt organization and to subscribe NIA something should be done other wise NIA will be a failed issue

The seem to be trying to boost the rate for sake of NIA IPO but it doesn''t seem to be working. They will face sell off at each level.

No Kostak / GMP / Sub 2 or 2L application for NIA is being offered by Grey Market Punters as they have badly burned their hands in GIC. Seeing the trend I feel people who apply for NIA will get full allotment and the result may be even worse than GIC.

Now I understand why there was no separate Anchor Investor Allotment in case of GIC. Will NIA have separate Anchor Investor Allotment? Is there anybody other than LIC willing to invest in these giant and inefficient PSUs?

One Word Suggestion: AVOID

60% from qib being reserve for anchor investors locking period of 1 month ......

@Manjitji: I am talking about making the Anchor Investor list public. If they had shown that only LIC had shown interest to become Anchor Investor, GIC IPO would have got much poorer response from Retail.

What is GMP and Kostak??

What is the latest GMP & Kostak of New India Assurance?

kindly reply

I do not understand why people cry in this forum when there is no listing gain in an IPO.
The company / govt comes up with an IPO coz it requires funds, and not to fill investor''s pocket.

And most importantly if you want to make money by investing then identify undervalued companies and invest. Why rely only on IPOs to make money ?? As it is quick money without any hard work ??

Have a good day.

Over communication is better than silence. It''s a forum. So let''s discuss rather than only follow or hear others ????

I do not agree with this statement that company is here only to raise money.
Guys remember the key word in IPO...it is ''Initial'' . We are ''Initial'' investors in the company (of course after promoters). We are taking maximum risk in the company by believing in the value of the company in the eyes and mind of public. Hence though not legally binding, companies are ethically responsible for leaving something on the table for investors.l

Guys just compare risk and reward ratio in this ipo. 2 lacs ki application par profit 2 to 4 % maybe ..but down side risk 10 to 15 %...
2 lacs ki application par profit kewal 2000 se 4000 aur yadi discount par list hua to loss 15000 to 20000 ..
" Bahut naainsaafi hai yeh to "
Gic kaa experience to yahi kehta hai ..

Why not we hear the saner words of people like Mr Dilip Devda. We jump to conclusion just based on one experience. ICICI Lombard overpriced. But giving some returns.NIA is a direct insurance company like ICICI Lombard. I feel buy is the right thing after seeing ICICI Lombard performance now.

And NIA looks cheap to you?

After weak listing of GIC many people saying to avoid it but everybody knows that more IPOs are coming in bull market or we can say that when market making new highs every day so that they can sell there shares at high price and some times even highly priced IPO gave good listing gain.
So i think let''s wait for the last day last moment of this IPO to decide whether to apply or not. If we see in the past when ICICI Pru IPO came and every one said it''s highly priced and the response also not good and no listing gain so at the time of ICICI Lombard most of person avoid it keeping in mind the listing of ICICI Pru but it''s listing was better than Pru. Now everybody saying that Pru is better than others @400.
So let''s wait and watch and it''s so early to say avoid.
Very less companies come up with fair price in this bull market.
HUM APNA KHUD KA FAYDA DEKHTE OR VO APNA KHUD KA FAYDA DEKHTE HAI. IS TEJI SASTA MAAL KOI NAHI BECHNA CHAHTA HAI.....

New India is super bumper disaster it will list at lower band with Rs.30 discount. I am afraid if this will subscribe 1 time as total.

Gic kaa share listing ke din issue price se kaafi niche 780 ke aas paas mil raha tha usi tarah new india kaa bhi issue price se kaafi niche milega.
Jisko invest karna hi hai is ipo me ,wo ipo me lene ke bajay baad me bhi le sakte hai aasani se kam rate par ..
Be smart and earn smartly ..

@lokes apply nahi karna hai to mat karo bhai...itna chillane ki kya zarurat hai... Govt. Ko itna hi Kos ( Curse) rahe ho to ek baat Bata do...aaj tak share market main agar kuch kamaya hai to use kabhi tax pay Kiya hai kya?

Tax should be paid on profit , not on loss.

Second thing is that govt. is begging short term capital gain tax irrespective of annual income bracket.

Kindly check all PSU govt. company stocks and then post how many percentage of them have given return to investors.

@prashu:
I am salaried person so automatically giving tax to government and regarding shares profit, I have given 2500Rs tax for my short term gain last financial year and no tax on my long term gains and dividend....I don''t do trading (intraday)

Please invest after at least 3 times over subscribed otherwise we''ll buy at discount price after listing

Sahi bole bilkul.....no need to apply in retail

Valuation of Price to book is 1.77 against 8 times of ICICI Lombard.
Networth including Fair Value is Rs, 38000 Crores.
P/E ratio is 30 times which is Good.
Good Investment to Consider.

If compared with GIC Listing
We need to compare Apple to Apple. New India assurance and Icici lombard are direct insurance companies.
ICICI Lombard shares are giving marginal returns on listing.
NIA can be compared with ICICI Lombard.
NIA valuation is fair at 1.77 against 8 times of ICICI Lombard.
The huge asset base of the Company is just behind LIC.
Comparing ICICI Lombard, the NIA price is FAIR and Good to BUY.

Can you please tell how you arrived at 30 p/e? RHP says 72~75. Please clear my doubt. Thanks.

do not subscribe....it will be like GIC only.... don''t burn your hands again...you can get same shares at much lower price after listing if you want for long term so no use of subscription...just wait and watch for listing

New India Assurance
1. 98yrs in isurance industry
2. Market leader since many years
3. Very good solvency 2.27
4. Only indian direct insurer with international ''A'' Rating
5. Presence in 28 countries
6. 22000cr premium base, far far ahead from any other insurer
7. Holdim ''AAA'' RATING from Crisil

Strong Govt. Psu company, a perfect buy.

Not just good company and good rating is not enough to attract rii. I think there should be something left in the table for us to apply in this ipo...

They should sell the stake in private to LIC and call it a day. After GICRe experience, no sane person would apply to this.

Exactly... NIA will be a big looser. Government is not interested in investors farewell.

They way they sold HPCL to ONGC :D