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New India Assurance Rs 9,600 cr IPO opens Nov 1, price band: Rs 770-800

New India Assurance Rs 9,600 cr IPO opens Nov 1, price band: Rs 770-800 on Business Standard. The company's initial share sale will close on November 3

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New India Assurance Rs 9,600 cr IPO opens Nov 1, price band: Rs 770-800

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  1. New India Assurance Rs 9,600 cr IPO opens Nov 1, price band: Rs 770-800 The company’s initial share sale will close on November 3 Mahindra Logistics IPO price band fixed at 425- 429; to raise Rs 829 cr on Business Standard. Mahindra Logistics Ltd (MLL), part of diversified Mahindra Group, has fixed a price band of Rs 425 to 429 per share for its initial public offer, according to a regulatory filing.

  2. India’s state-run New India Assurance Co Ltd has set a price band of Rs 770 to Rs 800 a share for its initial public offering (IPO) opening on November 1, sources with direct knowledge of the deal told Reuters on Tuesday. At the upper end of the price range, the IPO would raise Rs 9,600 crore ($1.48 billion). The sale will close on November 3, said the sources, declining to be identified as the details are not public. ($1 = Rs 64.9825) Click here to know more → New India Assurance IPO

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