The New India Assurance Company IPO — Listing Performance
The New India Assurance Company IPO facts & figures
| Issue category | Mainboard |
|---|---|
| Issue open date | 1 Nov 2017 |
| Listing date | 13 Nov 2017 |
| Issue price | ₹800 |
| Listing-day close | ₹727.10 (-9.11%) |
| Recent market price | ₹198.39 (-75.2% vs issue) |
| 52-week range | ₹117.82 – ₹231.20 |
| Identifiers | NSE: NIACL · ISIN: INE470Y01017 |
How the listing went
The New India Assurance Company listed at a discount, closing its first day 9.11% below the issue price.
The New India Assurance Company against every other debut on record
- Rank in 2017: 61 of 63 NSE debuts, on a -9.11% first-day close.
- 3rd percentile of 35 mainboard debuts in 2017 (median 3.37%).
- 7th of 7 debuts in November 2017.
- Opened 6.25% below issue, then gave up 2.86 points to the close.
- Day-one range ₹717.40 to ₹750: a 4.08% swing on the issue price.
- Last close ₹198.39 (11 Sep 2026): 75.2% below issue, against -9.11% on day one.
- 71% up its 52-week range of ₹117.82 to ₹231.20.
- Priced at the top of the ₹770 to ₹800 band.
- Listed 10 calendar days after close.
- All 508 mainboard debuts on record: median 12.01%, 72% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources