New India Assurance IPO Subscription Status
New India Assurance IPO was subscribed 1.19 times when bidding closed on 3 Nov 2017: QIB 2.34x, NII 0.11x, Retail 0.11x.
The The New India Assurance Company IPO has been subscribed 1.19x times overall. Retail investors have shown interest with bids for 0.11x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.11x. Qualified Institutional Buyers (QIBs) have subscribed 2.34x. Data last updated on 12 Nov, 03:11 PM.
The IPO subscription period has ended. The issue opened on 01 Nov, 2017 and closes on 03 Nov, 2017. The shares are expected to list on stock exchanges on 13 Nov, 2017.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 2.34x |
| NII | - of - - | 0.11x |
| Retail | - of - - | 0.11x |
| Employee | - of - - | 0.2x |
| TOTAL | - - | 1.19x |
The New India Assurance Company IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
03 Nov 2017
Day 3 |
1.19x | ▼ | |
|
QIB2.34x
BHNI-
SHNI-
Retail0.11x
Employee0.2x
|
|||
|
02 Nov 2017
Day 2 |
1.07x | ▼ | |
|
QIB2.16x
BHNI-
SHNI-
Retail0.05x
|
|||
|
01 Nov 2017
Day 1 |
1.04x | ▼ | |
|
QIB2.13x
BHNI-
SHNI-
Retail0.02x
|
|||
The New India Assurance Company IPO dates
From the bidding window to listing. Today is 13 November.
- Open 01 Nov 2017
- Close 03 Nov 2017
- Allotment 08 Nov 2017
- Refund/credit 09 Nov 2017
- Listing 13 Nov 2017
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of The New India Assurance Company IPO?
As of IPO close date (03 Nov, 2017), the The New India Assurance Company IPO is subscribed 1.19x times. Retail category is 0.11x, and NII is 0.11x subscribed.
When is the allotment date for The New India Assurance Company IPO?
The allotment for The New India Assurance Company IPO is expected to be finalized on 08 November, 2017.
When will The New India Assurance Company IPO list on the stock market?
The New India Assurance Company is scheduled to list on BSE and NSE on 13 November, 2017.
What are the chances of getting allotment in The New India Assurance Company IPO?
The retail category is currently undersubscribed at 0.11x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.
What does QIB subscription of 2.34x mean for The New India Assurance Company IPO?
Moderate — QIBs have subscribed 2.34x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check The New India Assurance Company IPO allotment status?
After the allotment date (08 Nov, 2017), you can check your The New India Assurance Company IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore The New India Assurance Company IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
