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New India Assurance stock climbs 13% with buyers in NSE IPO

Mumbai, June 19, 2026, 20:38 IST Shares of New India Assurance Co. Ltd. jumped 13.2% to ₹202.31 on Friday after the National Stock Exchange filed for its long-awaited IPO. The stock was one of the top gainers in the session. (The Economic Times) The main focus is what NIACL’s NSE stake is worth, not its insurance business. NSE has set up a pure offer for sale—existing shareholders will sell around 148.9 million shares, about 6% of the company. The exchange itself won’t raise new funds in this OFS. (Reuters) NIACL moved in a ₹179.41 to ₹206.60 range during the day.

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