Niva Bupa Health Insurance Company Ltd IPO

Listed Listed stocks

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 The 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 indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    2.1x

  • NIIs

    0.7x

  • Retail

    2.7x

  • Others

    --

  • Total

    1.8x

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FAQs for Niva Bupa Health Insurance Company Ltd.

The issue size of Niva Bupa Health Insurance Company Ltd is ₹2,200.00 Cr.

Niva Bupa Health Insurance Company Ltd falls into Insurance industry.

The Niva Bupa Health Insurance Company Ltd IPO will be listed on both NSE and BSE.

The open and close dates for the Niva Bupa Health Insurance Company Ltd are 07-Nov-2024 & 11-Nov-2024.

The price band for the Niva Bupa Health Insurance Company Ltd ipo is ₹70 to ₹74

The listing date of Niva Bupa Health Insurance Company Ltd IPO is 14-Nov-2024.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Niva Bupa Health Insurance Company Ltd total subscription ratio is 1.8X.