India1 min read

NSE IPO Effect: New India Assurance shares rally 14% on plans to offload over 1 crore shares in blockbuster offer

New India Assurance shares surged over 14% following the National Stock Exchange's (NSE) filing of its Draft Red Herring Prospectus (DRHP) for its long-awaited Initial Public Offering (IPO). The government-owned insurer will offload over 1 crore shares as par…

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The News Flicker

NSE IPO Effect: New India Assurance shares rally 14% on plans to offload over 1 crore shares in blockbuster offer

New India Assurance shares surged over 14% following the National Stock Exchange's (NSE) filing of its Draft Red Herring Prospectus (DRHP) for its long-awaited Initial Public Offering (IPO). The government-owned insurer will offload over 1 crore shares as par…

Shares of New India Assurance rallied as much as 14.2% to an intraday high of Rs 188.50 on the BSE on Thursday after the National Stock Exchange (NSE) filed its Draft Red Herring Prospectus (DRHP) wi…

Originally published by The Times of India. Read the full article →

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The News Flicker·August 7, 2026