ABOUT THE ISSUER
The New India Assurance Company Limited (“NIA”)is the largest General Insurance Company in India in terms of Net Worth, Domestic Gross Direct Premium, Profit after Tax and Number of Branches as of and for the fiscal year ended March 31, 2017. Company’s insurance products can be broadly categorized into the various product verticals viz. Fire Insurance, Marine Insurance, Motor Insurance, Crop Insurance, Health Insurance and Other Insurance Products.
ISSUE DETAILS
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Price Band
Rs.770 - Rs.800
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Bid Lot
18 Shares and in multiple thereof
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Issue period
November 01 - November 03, 2017