The New India Assurance Company Limited IPO Message Board (Page 9)

somehow i feel this will gain in coming days.. there will be no selling pressure since no one is buying it apart from LIC.. NII and HNI will wait for listing day to buy shares instead of blocking their money for 10 days. Also book value is 570!!! and you are getting at 770.. its so cheap ??

If you think somebody will buy at a higher price in coming days, then why is he not buying now when it is available at less. My understanding could be wrong..

Hazarika .. i think bigh guys and MF are not buying because they can easily buy on listing at around 700.. and it saves them interest cost for 10 days..
plus all the ipos are not receiving good response.. there seems to be correction waiting to happen .

A flop show

Qualified Institutional Buyers(QIBs)*      2.23
Non Institutional Investors      0.09
Retail Individual Investors(RIIs)      0.08
Employee Reserved      0
Total      1.12

get sure shot allotment and short sell on listing day.. easy profit.

Thank you
Finallly I suceed to make it widrawal

Hi Rashmi.. Are you from Odisha ? Please let me know how to withdraw

this time retailer making fool to LIC hahahahahaha

Even LIC wont be interested to buy these Govt. Company shares at this price. Because of the pressure from Government of India only they are forced to buy. Poor guys...

LIC is not poor. they are only taking the money of the fools who pool into the coffers of LIC.

What a BAD subscription....
I didnt expect from Government of India that they will leave nothing for Retail investor like us.

I hv applied 1 lot in icici demat account. Want to widrawal but not able to widraw. Any suggestions and update friends

you can withdraw

I hv did that but link is not working. Page not moving

@KING VINOD

You APPLY OR AVOID new india assurance company limited

As per the recent observation, subscription of the NIA IPO is increasing very rapidly. It is good sign for our investors.

Indeed a steady play noticed. Good for serious investors. I have subscribed 3 lots.

There Seems to be 3% application withdrawal in NII catagory !!!

LIC , life saver company for govt IPOs. I think they should directly the stake directly to it, without sacrificing "new" retail investors in their game, because if they (novice RII) miss the exit -money will be blocked there

I came across a strange observation , while I was trying to check - IPO application bidding status on Karvy - Application made through online portal ICICI Direct . Following was the observation ,

1. Reliance Nippon : No. bid details found
then I crossed check for Godrej Aggrovet same result ( copy paste done below - *** Pan Card Details masked )

**Since 04/01/2017 : I have got allotment in only one IPO Out of 17 I applied th. ICICI direct : I am investigating further and will list my finding.


IPO APPLICATION BIDDING STATUS

Select IPO      :      
Application No      :      
17061129

Query By      :      
DPID Client ID      PAN
PAN/DPID Client ID      :      
BBEP*******

Submit Get Acknowledgement Slip Clear
No bid details found

I and my family members applied 21 applications ( 7 ipos X 3 applications each) in 2017 through ICICIDIRECT and got 11 lots. all good ipos.

At last RII are awaken.

Khadim:
Compared to industry P/E it is little costly.
Market condition is favorable. Market is making new heights everyday.
No loss on listing. Mid to long term returns are better.
We can apply minimum lot.
I am applying this IPO.

Qualified Institutional Buyers (QIB) ------------------- 2.18x
Non Institutional Investors (NII) -------------------------- 0.04x
Retail Individual Investors(RII) --------------------------- 0.07x
Employee Reserved (EMP) ------------------------------- 0.12x

Total -------------------------------------------------------------- 1.09x

No.of Applications (Approx) ---------------------------- 80257

Applicationwise (Approx) ----------------------------------- 0.04x

*NEW INDIA ASSURANCE*
FINAL DAY SUBS.FIGURE AT 11:28 A.M.
QIB 2.17X
NII 0.04X
RII 0.06X
EMP 0.00X
TOTAL 1.08X

Total No.of FORMS : 73754
*Apps Wise : 0.03X*

*NEW INDIA ASSURANCE*
FINAL DAY SUBS.FIGURE AT 04:10 P.M.
QIB 2.17X
NII 0.04X
RII 0.06X
EMP 0.00X
TOTAL 1.08X

Total No.of FORMS : 73754
*Apps Wise : 0.03X*

NIA Subscription Figures by 11 am. Only DII bid 2.17 times their Quota thereby bailing out the Issue covering overall 1.08 times. Even in QIB Category, Mutual Funds Bids NIL and FII Bids mere 25200 shares. One has to wait and take a call around 2 pm.

After GIC fiasco , all IPOs getting poor response even in grey market also

mahindra, nia, khadim, hdfc

avoid , avoid , avoid