The New India Assurance Company Limited IPO Message Board (Page 6)

Koi cancel karvao is IPO ko.

Where do u see NIC on 13 Nov when the share lists ?
Is there a shorting opportunity?

I am going to take a contra call and applying 5 lots.
Total shares available for allotment in HNI, Retails and Employees are 6.18 crores and today on last day @2:50pm only approx 62.2 lakh shares applied in these three categories so remaining shares will be alloted to QIBs or may remain unalloted. So on listing day only 62.2(may increase eod) shares wiil available for trading because QIBs having locking period of 1 month so due to less availability of shares, less selling pressure and some demand so some profit must be there, if not i will go for long term without any problem so let''s have a chance...............
I am not suggesting any one, its my personal view.

Even after huge under subscription the float available will be about 550 Crores which will be. Good enough for trading so no shortage of sellers. But bit of wild fluctuations may be seen.

Once again forum members saved from highly priced IPO from senior members like SEPTA sir, Gamble sir and others.

My salute to those who take contra bets ignoring valuations and market sentiments. Lesson learnt that never ever trade against the market.
Trend is friend in trading and valuation is king in investing. Rest all are sureshot way of loosing money.

This IPO is expected to have one of the most interesting listing scenario which have not been

With most of the shares with QIB, there will not be any selling pressure or demand pressure from buyers which effectively means one of the most boring opening of an IPO with very little price movement.

I feel that it will definitely be interesting. Bit Wild fluctuations might be seen due to game by day traders

Awesomely boring listing.

Hello Guys

Do you have any idea about exemption in Anchor Investor Provision.. ?? Like there was no anchor in case of GIC and NIA IPOs.....

Whether it depends on company''s discretion to raise money from anchor....

please help...?

Yes it is at the company''s discretion.

No need to wait for allocation.
Everyone who applied will get allocation of applied lots, except technical rejection.

Why NIA is taking so much time for finalization of its allotment and listing when the number of applicants are few?

nia .. price will go down ....700 rs... after listing...in 15 days

GIC is now 800. need to watch NIA listing now. if it gets listed above retail issue price, it will be wonder.

They have been making losses in all the years before 2017.
Inexperienced promoter.
Risk is huge in this IPO, Pulz looks better.

There is demand of 50000 CR from Anchor Investor against 2250 CR which is available to be allotted. Source Economic Times. So you can guess what will happen after few months of listing.

I think your comment is for HDFC LIFE INSURANCE IPO. if wrong, than correct me.

oh yes..

I have done bidding for 770rs. What are the chances of allotment

GIC is such a pathetic share.....going down daily from 4 days...its a lesson learned for future to avoid any greed.....that''s why not applied in NIA too and warned all members many times here to avoid subscribe.....i am sure that will also list in discount....
whoever subscribed to NIA, please get out on listing day itself on any bounce....don''t hold the share.....save your capital....

First time filled priced bid @ 777 taken risk....any views.....any of you have placed price bid????? any chance of allotment..........

i have done bid for 770

what could be premium or discount for this IPO on listing date?

Lic and finmin will have answers for that !! it is expensive and i think 5% discount is what they may target !!

there could be a huge bolstering buy bid to Jack up the price to create an illusion of a decent listing. the key for the retail investors would be to Not Fall Prey to such sham moves...

Of the amount raised in 2017, Rs65,086 crore was raised by companies through 28 initial public offering (IPOs) on the main board of exchanges.

Ten of these 28 companies are trading below their offer price.“The success of an IPO depends on the response to the issue, and how does it fare on the listing day. A lot depends on the mood in the market on the day of their debut, too,” said Prithvi Haldea, chairman of Prime Database, a primary market tracker. Haldea says he classifies the primary market scenario in four zones—good company at attractive price, good company at expensive price, bad company at good price, and bad company at expensive valuations.

Can someone simplify pre bid procedure online on bse / nse

Paisa block hua kya???

The shares are totally in strong and able hands of QIB.
Extremely less supply from retail on listing day so price will shot up.
Listing could be above Rs 1000, may hit upper circuit in afternoon like Sheela foams.

unusual hope, GIC RE same thing happen, you think who to sell on market, but not think who will buy on listing price, if someone who want to buy then apply on QIB or HNI portion on IPO. but no one apply, means QIB or HNI expect or to buy on dip means down on price. definitely open on negative or down of price.

Mungerilal ke hasin sapane.

All the best

Final picture gives good picture. QIBs with lock in period are dominating. No pressure on sale on Listing day. Retail is too small to influence the listing day pressure. GOI won the game.and so called pundits miscalculated.

It is not about selling pressure... Its about BUYING PRESSURE due to which share prices increase.
So when no one is interested to buy then price has to come down. (Subscription figures shows that NO ONE IS INTERESTED :-) )
If you minus LIC''s 6.5K CR from this issue then they would have either cancel or reduce the issue price.
Share market is unpredictable but if chances of loss are 99% then why to take chance for 1%.