if it''s possible for one to apply physically, they should do so. just make sure there isn''t enough balance in the account for the cheque to get realized. it would be soooooo much fun to play ''Pick A Boo'' with karvy. don''t you think guys?
@ Navkant. Oh! Come on now .People kill and get away with the crime and you don''t know how to successfully bounce a cheque? Okay...You instruct the bank to ''Stop the Payment'' with a reason. " I would choose to go to jail rather than getting allotment in NIA". :D
As per new rules no cheque is necessary with form only lien mark will create in bank account if there is not sufficient balance the lien will not created and no question of cheque bounce charge
Analysis of Mr Dilip Devda showed an extensive look with apple to apple comparison based on performance of New India and ICICI Lombard. Before making comments let us go by his unbiased views.
Let us go by Mr Dilip Devda. Whether anyone here to dispute his knowledge and experience. a. General Insurance IPO is a new thing, After ICICI Lombard New India Assurance is coming. b. GIC is not a Direct general insurance company like ICICI Lombard. c. In Mr Dilip''s words, compare an Apple with an Apple and not with an Orange. d. To repeat,NIA is much better and rather a safe and long term investment.
your question really put me to work on two mega players in general insurance segment. I found that NIA a much better and rather long term safe investment proposal on fundamental basis.
This is a 100 year company with huge fixed assets like LIC in Mumbai. Let us not compare with other companies where valuation is jacked up to suit the premium value of IPO. It is a good buy.
1. As per CRISIL Report, NIA has the largest market share among general insurers in India….. More than 25 million policies issued…… highest among all general insurance companies in India. It’s the largest player and industry trendsetter….. good investment bet.
Seeing the fate of GIC, it''s pretty clear that NIA is a CLEAR AVOID. Punters too have burnt their hands and aren''t offering any rate in this IPO.
Many got saved in GIC as they had sold their shares/applications in Grey but it may not be the case with NIA. This feels like a new investment avenue for investors... High Risk, High Loss ;)
100 Years Purani Comp. hai & that to started by Tata...Tum logo ke paise nahi lagane se koi comp. Band nahi ho Rahi..
100. lokes| Link| Bookmark|
October 27, 2017 10:53:43 PM
IPO Guru (4400+ Posts, 5100+ Likes)
dont ever apply to this ipo.....no point in applying this kind of ipo.... if you really want to buy you can definitely get them at much lower price on listing day and after that....like GIC , ICICI lombard, SBI life, IEX.....
aap ki movie ka flop show ho raha hai isi liye aapko ye blockbuster lag raha hai. lol. virat ko phasane mai dhyan lagaye aur blockbuster ka sapna mat dekhe.
lagta hai ki aap GIC se compare kar rahe hai.Isi liye 700 wala 900 lag raha hai.
Apply with full force in HNI category without taking any retail discount. Like Lic aap hi bachalo Nia ko. But please don''t post fake GMP and misguide members.Because GMP is (-35).
New India persuaded MFs/Institutional Investors/Business Houses to invest in its IPO and the issue is likely to subscribe twice or thrice the issue. Also look after the employee quota of the issue. It will show the real picture of the IPO.