74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Niva Bupa Health Insurance Company IPO (Niva Bupa Health Insurance Company Limited IPO) Detail

Niva Bupa Health Insurance Company IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 2200.00 Cr. The company is based in New Delhi and caters to Insurance sector. Axis Capital , Hdfc Bank , ICICI Securities , Kotak Mahindra Capital Company , Morgan Stanley India Company , Motilal Oswal Investment Advisors are the merchant bankers of Niva Bupa Health Insurance Company IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th June 2024.

Niva Bupa Health Insurance Company IPO open date is 7th November 2024 and close date is 11th November 2024. IPO Allotment Date is 12th November 2024 and Listing date is 14th November 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 2200.00 Cr. Avg IPO Size (Sector Based) : ₹ 7,624.77 cr.
  • Sector: Insurance IPO so far: 11
  • Merchant Banker: Axis Capital IPO by BRLM so far: 161
  • City: New Delhi IPO so far: 123
  • Revenue (annualised): ₹ 4499.60 cr.
            PAT: (annualised): ₹ -75.28 cr. Read Financial Information >>
  • PE Ratio: -177.74x Average Sector PE Ratio: 5.48x

Niva Bupa Health Insurance Company IPO Date

Date of DRHP:
29th June 2024
IPO Open Date:
7th November 2024
IPO Close Date:
11th November 2024
IPO Allotment Date:
12th November 2024
Initiation of Refund:
13th November 2024
IPO Listing Date:
14th November 2024

Niva Bupa IPO Info, Size, Subscription

Niva Bupa Health Insurance Company IPO size is ₹ 2200.00 Cr. with IPO price of ₹ 74.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 2200.00 Cr.

Issue Price:
₹ 74.00

Market Capitalisation :
₹ 13380.91 Cr.

PE multiple :
-177.74

Subscription :
1.90 times

Pre Issue Promoter Holding :
88.98 %

Post Issue Promoter Holding :
73.37 %

Niva Bupa Health Insurance Company IPO Information

Sub Sector : provides insurance in the health sector.
Niva Bupa Health Insurance Company Limited purpose is to “give every Indian the confidence to access the best healthcare”. They aim to achieve this purpose through their health insurance products and services that enable customers to navigate their healthcare journey, by providing them access to a holistic health ecosystem. According to the Redseer Report, They are one of India’s largest and fastest growing SAHI based on overall health GDPI of ₹54,944.28 million in Fiscal 2024. From Fiscal 2022 to Fiscal 2024, their overall GWP grew at a CAGR of 41.27% and their GWP from retail health grew at a CAGR of 33.41%. Their growth in overall health GDPI from Fiscal 2022 to Fiscal 2024 of 41.37% is one of the highest growths among SAHIs, and
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Object of Issue (Niva Bupa IPO Objectives)

  • Augmentation of its capital base to strengthen solvency levels
  • General Corporate Purposes

Axis Capital Limited is the book-running lead manager of the Niva Bupa Health Insurance Company IPO. Kfin Technologies Limited is the Registrar for Niva Bupa Health Insurance Company IPO.

Niva Bupa Health Insurance Company IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Niva Bupa Health Insurance Company IPO?

Niva Bupa Health Insurance Company IPO, based in New Delhi, operates in the   Insurance sector with a focus on provides insurance in the health sector.. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Niva Bupa Health Insurance Company IPO size is ₹ 2200.00 Cr. with fresh issue size of ₹ 800.00 Cr. and Offer for sale being ₹ 1400.00Cr.

When is Niva Bupa IPO allotment?

The IPO allotment date for Niva Bupa Health Insurance Company IPO is expected to be 12th November 2024, after the finalization of basis of allotment. Investors can check Niva Bupa Health Insurance Company IPO allotment status on the registrars website, Kfin Technologies Limited . Niva Bupa Health Insurance Company IPO refund dates are 13th November 2024.

When is Niva Bupa Health Insurance Company IPO listing date?

Niva Bupa Health Insurance Company IPO is expected to be listed on 14th November 2024.

What is the price band for Niva Bupa IPO?

The upper price band for the Niva Bupa Health Insurance Company IPO is set at ₹ 74.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Niva Bupa Health Insurance Company IPO Review?

For IPO analysis on Niva Bupa Health Insurance Company IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Niva Bupa Health Insurance Company IPO?

To apply for the Niva Bupa Health Insurance Company IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th November 2024. After submission, funds are blocked until the basis of allotment of Niva Bupa Health Insurance Company IPO is finalised.

Who is the merchant banker of Niva Bupa IPO?

The merchant banker for Niva Bupa Health Insurance Company IPO is Axis Capital Limited , Hdfc Bank Limited , ICICI Securities Limited , Kotak Mahindra Capital Company Limited , Morgan Stanley India Company Private Limited , Motilal Oswal Investment Advisors Limited . Axis Capital Limited , Hdfc Bank Limited , ICICI Securities Limited , Kotak Mahindra Capital Company Limited , Morgan Stanley India Company Private Limited , Motilal Oswal Investment Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Niva Bupa Health Insurance Company IPO RHP for further details.

Who is the Registrar of Niva Bupa Health Insurance Company IPO?

The registrar for Niva Bupa Health Insurance Company IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Niva Bupa Health Insurance Company IPO through their official website or helpline.

What is the Niva Bupa Health Insurance Company IPO subscription?

Niva Bupa Health Insurance Company IPO was subscribed 1.90 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Niva Bupa Health Insurance Company IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Niva Bupa Health Insurance Company Financial Review Page

Niva Bupa Health Insurance Company IPO subscription was 1.90 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Niva Bupa Health Insurance Company IPO listed at a listing price of 75.45 against the offer price of 74.00.

The current market price of Niva Bupa Health Insurance Company is 82.20.

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