Niva Bupa Health Insurance IPO
ListedNiva Bupa Health Insurance IPO Details
-
Bidding Date
07-Nov-2024 to
11-Nov-2024 -
Issue Size
₹2200 Cr
-
Price Band
₹70 to ₹74
-
Allotment date
12-Nov-2024
-
Listing date
14-Nov-2024
-
Lot size
200
-
No. of shares
29,72,97,297
-
Fresh issue/OFS
₹800 Cr/₹1400 Cr
About Niva Bupa Health Insurance Company
The company has been operational for 16 years and is part of the Bupa Group, which was established in 1947. Bupa Singapore Holdings Pte. Ltd. and Bupa Investments Overseas Limited are the promoters, giving the company access to international healthcare insurance expertise. The company specializes in health insurance products and services, aiming to enhance customer confidence in accessing quality healthcare. It operates in India’s health insurance sector, focusing primarily on the retail health market. It serves 14.99 million active lives insured, leveraging a diversified distribution strategy through both direct and intermediated channels. The retail segment accounted for approximately 68.47% of the overall GWP in Fiscal 2024. The company offers a comprehensive health ecosystem via its “Niva Bupa Health” mobile application and website, which provides access to healthcare solutions like diagnostics, digital consultations, and health education content.
Read our in-depth analysis of the Niva Bupa Health Insurance Company Ltd IPO Here
Subscription Status
-
Category
Status
-
QIBs
2.1x
-
NIIs
0.7x
-
Retail
2.7x
-
Others
--
-
Total
1.8x
FAQs for Niva Bupa Health Insurance IPO.
What is the issue size of Niva Bupa Health Insurance IPO?
The issue size of Niva Bupa Health Insurance is ₹2,200.00 Cr.
What is the industry of Niva Bupa Health Insurance?
Niva Bupa Health Insurance falls into Insurance industry.
Where Niva Bupa Health Insurance IPO will be listed?
The Niva Bupa Health Insurance IPO will be listed on both NSE and BSE.
What are the open and close dates for the Niva Bupa Health Insurance IPO?
The open and close dates for the Niva Bupa Health Insurance are 07-Nov-2024 & 11-Nov-2024.
What are the price band for Niva Bupa Health Insurance IPO?
The price band for the Niva Bupa Health Insurance ipo is ₹70 to ₹74
What is the listing date of Niva Bupa Health Insurance IPO?
The listing date of Niva Bupa Health Insurance IPO is 14-Nov-2024.
What is the purpose for the Niva Bupa Health Insurance IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times Niva Bupa Health Insurance IPO subscribed?
Niva Bupa Health Insurance total subscription ratio is 1.8X.
What are the key financials for the Niva Bupa Health Insurance IPO?
Key financial of the Niva Bupa Health Insurance are:
| Niva Bupa Health Insurance | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | -- | -- | -- |
| EBIT (₹ Cr) | -- | -- | -- |
| Proft after Tax (₹ Cr) | 81.85 | 12.54 | -196.53 |
| Debt (₹ Cr) | 250 | -- | -- |
| Net Worth (₹ Cr) | 2049.78 | 0 | 0 |
| RoE (%) | 3.99 | -- | -- |