{"id":239871,"date":"2026-09-10T10:37:25","date_gmt":"2026-09-10T05:07:25","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=239871"},"modified":"2026-09-10T10:37:25","modified_gmt":"2026-09-10T05:07:25","slug":"new-india-assurance-nse-ofs-shares","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/new-india-assurance-nse-ofs-shares\/","title":{"rendered":"NSE IPO: New India Assurance to Sell 1.05 Crore Shares in the OFS"},"content":{"rendered":"

New India Assurance will sell 1.05 crore NSE shares, about 29.83% of its holding, through NSE’s proposed IPO OFS.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The New India Assurance NSE OFS involves the state-owned insurer selling 1.05 crore equity shares of the National Stock Exchange, representing 29.83 percent of its current holding, through the offer-for-sale component of NSE’s proposed initial public offering. The New India Assurance NSE OFS shares were transferred to an escrow account on September 8, with the transaction expected to be completed by the end of September 2026, and the insurer will retain roughly 2.47 crore NSE shares after the sale.<\/p>\n<\/p><\/div>\n

New India Assurance is joining a growing list of institutional shareholders looking to partially cash out of their stake as NSE moves toward its long-awaited public listing.<\/p>\n

Here is what the New India Assurance NSE OFS involves and how it compares with other shareholders selling in the IPO.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/p>\n

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