NIVA BUPA HEALTH INSURANCE COMPANY LIMITED

07 Nov 2024 - 11 Nov 2024 Individual Category IPO BSE NSE

Min Investment

₹28000

Price Band

₹70-₹74

Issue Size

1728.57 lakhs
Equity Shares

Lot Size

200 (per lot)

IPO Dates
img

07 Nov 2024

Open Date

img

11 Nov 2024

Close Date

img

12 Nov 2024

Allotment Date

img

14 Nov 2024

Listing Date

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.

Know Before Investing

Strengths icon

Weaknesses icon

About 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%.

Founded

2008

Managing Director

upa Singapore Holdings Pte. Limited and Bupa Investments Overseas Limited

Parent Organization

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.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account