Issue Price
₹ 70-₹ 74
per equity share
Issue Size
17.29 crores
equity share
Face Value
₹ 10
per equity share
Market Lot
200
equity share
Please note
Listing at BSE ,NSE
NIVA BUPA HEALTH INSURANCE COMPANY LIMITED
Important Dates
IPO Open Date
07 Nov 2024
IPO Close Date
11 Nov 2024
Allotment Date
12 Nov 2024
Initiation of Refunds
13 Nov 2024
Credit of Shares to Demat Account
13 Nov 2024
IPO Listing Date
14 Nov 2024
UPI Mandate Expiry Date
11 Nov 2024
IPO Details
Niva Bupa Health Insurance IPO issue size is 17.29 crore equity shares. This IPO is a combination of a fresh issue and an offer for sale. The price band is decided at Rs 70 to Rs 74 per share. Niva Bupa IPO 1 lot consists of 200 shares. The minimum investment for the retail category is to be around Rs 14,800. The allotment status will be released on Tuesday, November 12, 2024. The listing will be on the BSE, NSE platform on Thursday, November 14, 2024. Niva Bupa Health Insurance IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can visit on Kfin Technologies website and, select the name of the company and enter PAN number or application ID to know their allotment status.
Seize the deal, apply for IPO today!
Apply for IPOAbout NIVA BUPA HEALTH INSURANCE COMPANY LIMITED
Niva Bupa Health Insurance Limited incorporated in 2008, is a joint venture between the Bupa Group and Fettle Tone LLP. The company provides health insurance to individuals, families, employers and employees.
The company offers a holistic proposition by providing customers access to a comprehensive health ecosystem and service capabilities through its Niva Bupa Health mobile application and website. As of March 31 2024, the Niva Bupa had 14.73 million active lives insured.
The company is present across 22 states and four union territories in India. From FY 2022 to FY 2024, the overall GWP grew at a CAGR of 41.27%, while GWP from retail health increased by 33.41%.
Parent Organisation
-
Founded
2008
Managing Director
upa Singapore Holdings Pte. Limited and Bupa Investments Overseas Limited
IPO Objectives
Niva Bupa Health Insurance IPO objective is to raise funds from the general public. The net funds will be used for the Augmentation of its capital base to strengthen the solvency level. The remaining funds will be used for fulfilling the general corporate purposes.
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
Keep these documents ready
PAN Card | Aadhaar Card | Bank Account Number
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