Niva Bupa Health Insurance Company Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 07-11-2024 | 11-11-2024 | 10 per share | 74 | 200 Shares | BSE, NSE | 297,297,297 shares (aggregating up to ₹2,200.00 Cr) | 2024-11-12 00:00:00 | 2024-11-13 00:00:00 | 2024-11-13 00:00:00 | 14-11-2024 |
About The Company
Niva Bupa Health Insurance IPO is a book built issue of Rs 2,200.00 crores. The issue is a combination of fresh issue of 10.81 crore shares aggregating to Rs 800.00 crores and offer for sale of 18.92 crore shares aggregating to Rs 1,400.00 crores.
Niva Bupa Health Insurance IPO opens for subscription on November 7, 2024 and closes on November 11, 2024. The allotment for the Niva Bupa Health Insurance IPO is expected to be finalized on Tuesday, November 12, 2024. Niva Bupa Health Insurance IPO will list on BSE, NSE with tentative listing date fixed as Thursday, November 14, 2024.
Niva Bupa Health Insurance IPO price band is set at ₹70 to ₹74 per share. The minimum lot size for an application is 200 Shares. The minimum amount of investment required by retail investors is ₹14,800. The minimum lot size investment for sNII is 14 lots (2,800 shares), amounting to ₹207,200, and for bNII, it is 68 lots (13,600 shares), amounting to ₹1,006,400.
ICICI Securities Limited, Morgan Stanley India Company Pvt Ltd, Kotak Mahindra Capital Company Limited, Axis Capital Limited, Hdfc Bank Limited and Motilal Oswal Investment Advisors Limited are the book running lead managers of the Niva Bupa Health Insurance IPO, while Kfin Technologies Limited is the registrar for the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 2738 | 1885 | -197 | 507.65 | 125.4 | 250 |
| 31-03-2023 | 3877 | 2859 | 13 | 831.12 | 334.26 | 250 |
| 31-03-2024 | 6192 | 4119 | 82 | 2049.59 | 1282.02 | 250 |
| 30-06-2024 | 6542 | 1125 | -19 | 2031.77 | 1282.44 | 250 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 0.71 |
| Non-Institutional Buyers | 0.71 |
| Retail Investors | 2.88 |
| Total | 1.90 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 200 | 14800 |
| Retail (Max) | 13 | 2600 | 192400 |
| S-HNI (Min) | 14 | 2800 | 207200 |
| S-HNI (Max) | 67 | 13400 | 991600 |
| B-HNI (Min) | 68 | 13600 | 1006400 |
IPO Listing Details
| Listing Date | 14-11-2024 |
| BSE Script Code | 544286 |
| NSE Symbol | INE995S01015 |
| ISIN | INE995S01015 |
| Final Issue Price | 74 |
Promoter holdings
Bupa Singapore Holdings Pte. Ltd and Bupa Investments Overseas Limited.
Contact Information of the Company
Niva Bupa Health Insurance Company Limited
C-98, 1st Floor
Lajpat Nagar, Part 1
South Delhi, New Delhi-110024
Phone: +91 1246354900
Email: investor@nivabupa.com
Website: https://www.nivabupa.com/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: nivabupa.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
ICICI Securities Limited (Past IPO Performance) Morgan Stanley India Company Pvt Ltd (Past IPO Performance) Kotak Mahindra Capital Company Limited (Past IPO Performance) Axis Capital Limited (Past IPO Performance) Hdfc Bank Limited (Past IPO Performance)