The New India Assurance Company Limited IPO Message Board (Page 16)

Clear avoid no discussion required, following GIC footprint

It''s a totally avoid for me, no second thought on it. I have already forgotten this IPO, will track it on the day of listing.
My long term target on it is that I will get a chance to buy it at around Rs.225 per share.

Show the strength of investor. Yeh investors ko pagal samjhte hai. Big avoid save your money. I am the sufferer of GiC and IEX so big avoid.

for once all investors should come together to teach a lesson to all
avoid this ipo
and show the power of mighty investers

So many ipo''s in upcoming week,,,,,,,,,,,,,,,so easily avoidable this ipo.......!! Clearly avoid

Clear avoid this ipo..
Why to take risk for very low return or may be loss ..
Learn lesson from last gic ipo.
Current market price of gic is 836. Which is 8.5 % down from issue price 912.
Jis kisi ipo me atleast 10% to 20 % listing gain naa ho us ipo me apply karna hi kyo ..?
Be aware reatail investor ..

IPO Schedule

25-Oct: RNL IPO Opens
26- Oct
27- Oct: RNL IPO Close
28- Oct- Saturday
29- Oct- Sunday
30- Oct
31- Oct: MLL IPO Opens
1-Nov: NIA IPO Opens/ SecUR Cred. SME IPO Opens/ RNL Finalization of allotment
2-Nov: MLL IPO Close / KIL IPO Opens
3-Nov : NIA IPO Close/ SecUR Cred. SME IPO Close/ RNL Unblocking
4-Nov- Saturday
5-Nov- Sunday
6-Nov: KIL IPO Close/ RNL Listing
7-Nov: HSL IPO Opens
8-Nov: MLL Finalization of allotment/ NIA Finalization of allotment
9-Nov : HSL IPO Close/ MLL Unblocking/ NIA Unblocking
10-Nov: KIL Finalization of allotment/ MLL Listing
11-Nov- Saturday
12-Nov- Sunday
13-Nov: KIL Unblocking/ NIA Listing
14-Nov: HSL Finalization of allotment/ KIL Listing
15-Nov: HSL unblocking
16-Nov:
17-Nov: HSL Listing

RNL: Reliance Nippon
MLL: Mahindra Logistics
KIL: Khadim India
NIA: New India Assurance
HSL: HDFC Standard Life

Dates are indicative for finalization to listing process.

shit i am going to spend sleepless nights till D''Day..i mean Nov 1? doesn''t that seem too far folks?. can''t wait to apply. can''t wait to own and hide this gem away.

Dont hate it too much. I had applied with full force in GIC and SBI crashed on last day and I couldnt withdraw my application.

Sarcasm at its best !! :D

Next upcoming fpo/ofs news if any

NLC OFS-

Today operators are playing big game in NLC OFC. This is small size ofc. They can play game easily. They take price high around 100. They are selling in intraday at high price 100 or more. Because of high price small investors are also buying from market at high price. Now after 2-30 pm as soon as OFS time is close they will take price to lower 96 and 97. Then they will buy from market and settle their intraday position. Small investors will be tapped with high price in this game.

Uchitji , thanks for the quick reply

Clearing Price of Rs 95.80 has been fixed for the Retail Category in NLC India Ltd against 94.60 for the Non Retail Category. It looks very strange for me.

Does this mean the shares are allocated for 92.45 ( = 95.8 - 3.35)?

I have applied heavily from all my family member accounts thinking that I will sell on day 1. I was expecting the allocation price to be not more than 91.5 and assumed the down side risk is less. But now I feel I am trapped...I must sell on Day1 at what ever the price. What is the maximum downside price that you see on Day 1? Please share ur opinion.

Thanks again for sharing ur valuable thoughts.

Retailer may get 2.......3 rs ....in this o.f.

Hope new india ipo wont get withdrawn. Listing will be like india pak cricket match. Ye to GIC ka bhi baap hay discount is not even 5%.

As of now no GMP or GMD flop show on the way

19-20 hdfc
67-69 nippon
160 buyer khadim
60 seller MLL

New India Assurance will be a flop show. Why?
1. Retail investors had/have invested heavily in GIC. Most of them have exited in loss and remaining retail investors are waiting for the right time to exit, their fund is blocked.
2. GIC listing day was a full of drama and trauma.
3. The big brother LIC may not be able to continue total support to NIA as what was seen with GIC.
4. Performance of NIA is deteriorating year after year.
5. It''s a highly priced share and discount to retail investor is less in comparison to GIC.
6. If Government wants to make the IPO successful it should do something tomorrow for GIC so that the retail investors will get a chance to exit from GIC with good profit and they will be attracted towards NIA.

Good and fair review.Thanks mr. Dadbe sir.

Clear Avoid

Another IPO from Insurance Sector....
However all the past IPOs from Insurance sector are in a Flop streak and is still trading below issue price. The upcoming one is also one of the same category the irrelevant valuations of which has left nothing for investors and the one thinking of applying it for listing gains will end up with loss and noting else in this IPO.

My final view on this IPO irrespective of its subscription rate.

Some messages Removed By mentor

There is no wrong words

But why?

So u r also support some BAD IPO''S.

THIS site ALSO FIX IPO''S
SO I EXIT NOW

Profits Show a decreasing trend..

Overvalued ipo