Rudra Shares and Stock Brokers LTD.

IPO SYNOPSIS

New India Assurance Company Ltd
Registered Office:
New India Assurance Building,87 M G Road Fort,
Mumbai - 400001,
Maharashtra, India.
Website :  www.newindia.co.in
Initial public offering of 120,000,000* equity shares of face value of (Rs) 5 each ("equity shares") of the New India Assurance Company Limited ("issuer" or "company") for cash at a price of (Rs) 800* per equity share including a share premium of (Rs) 795 per equity share ("offer price"), Aggregating to (Rs) 9466.98 Crores consisting of a fresh issue of 24,000,000* equity shares aggregating to (Rs) 1893.40 Crores ("fresh issue") and an Offer for sale of 96,000,000^ equity shares aggregating to (Rs) 7573.58 Crores ("offer for sale" and together with the fresh issue, the "offer") by the President of India, acting through the ministry of finance, government of india (the "selling shareholder"). The offer and the net offer Constituted 14.56% and 14.13%, respectively of the post-offer paid-up equity share capital of the company. The offer included a reservation of 3,600,000^ equity shares aggregating to (Rs) 277.20 Crores for subscription by eligible employees (as defined in "definitions and abbreviations") (the "employee reservation portion"). The offer comprises the net offer (defined below) of 116,400,000^ equity Shares and the employee reservation portion of 3,600,000^ equity shares. The face value of equity shares is (Rs) 5 each and the offer price is 160 times the face value of the equity shares. *a discount of (Rs) 30 on the offer price was offered to retail individual investors ("retail discount") and to eligible employees (defined below) bidding in the employee reservation portion ("employee discount"). ^ subject to finalisation of the basis of allotment
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
01-Nov-17
03-Nov-17
800.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 18   Further Multiples of : 18
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Axis Capital Ltd
Project Financed through Current Offer
9466.98
 
Post Issue Equity Share Capital
0.00
 
Issue Price
800.00
 
Projects
No Data Available!!!
Promoted By
The President of India
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
ATTENTION INVESTORS : Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors.    ||     Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.   ||    KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Attention Investors

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020

2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on
your email id and/or mobile number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191
dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

(Issued in the interest of Investors.)

Important Message

This is to inform that, many instances were reported by general public where fraudsters are cheating general public by misusing our brand name RUDRA SHARES.
The fraudsters are luring the general public to transfer them money by falsely committing attractive brokerage / investment schemes of share market and/or Mutual Funds
and/or personal loan facilities. Though as for as possible, we initiate legal actions against the fraudsters, we request you to not fall prey to such fraudsters. You can check
about our products and services by visiting our website www.rudrashares.com. You can also write to us at compliance@rudrashares.com, to know more about products and services.

SEBI REGN. (STOCK BROKER) - NSE-CM/FO/CD / BSE-CM/FO/CD / MCX / NCDEX - INZ000004937
SEBI REGN. (DP)IN-DP-558-2021
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