Niva Bupa Health Insurance IPO Details
IPO Open Date: | November 6, 2024 |
IPO Close Date: | November 8, 2024 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
Issue Size: | Approx ₹3,000 Crores |
Fresh Issue: | Approx ₹800 Crores |
Offer for Sale: | Approx ₹2,200 Crores |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 10% |
QIB Quota: | Not more than 75% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Niva Bupa Health Insurance IPO Market Lot
The Niva Bupa Health Insurance IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
Niva Bupa Health Insurance IPO Dates
The Niva Bupa Health Insurance IPO date is November 6 and the close date is November 8. The Niva Bupa Health Insurance IPO allotment will be finalized on November 11 and the IPO listing on November 13.
IPO Open Date: | November 6, 2024 |
IPO Close Date: | November 8, 2024 |
Basis of Allotment: | November 11, 2024 |
Refunds: | November 12, 2024 |
Credit to Demat Account: | November 12, 2024 |
IPO Listing Date: | November 13, 2024 |
Promoters of Niva Bupa Health Insurance
The promoters of the company are Bupa Singapore Holdings Pte Ltd, and Bupa Investments Overseas Limited.
About Niva Bupa Health Insurance
To Be Updated Soon
Niva Bupa Health Insurance Company Financial Report
The company reported revenue of ₹328.73 crores in 2024 against ₹413.07 crore in 2023. The company reported profit of ₹81.85 crores in 2024 against profit of ₹12.54 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹90.48 | ₹2,87.01 | ₹1,96.53 | ₹17,82.01 |
2023 | ₹4,13.07 | ₹4,00.53 | ₹12.54 | ₹20,91.89 |
2024 | ₹3,28.76 | ₹2,46.87 | ₹81.85 | ₹32,32.62 |
Niva Bupa Health Insurance IPO Valuation – FY2024
Check Niva Bupa Health Insurance IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | -% |
ROCE: | -% |
EBITDA Margin: | -% |
PAT Margin: | -% |
Debt to equity ratio: | – |
Earning Per Share (EPS): | ₹0.51 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 5.68% |
Net Asset Value (NAV): | ₹112.06 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Star Health and Allied Insurance Company Ltd | 14.48 | 36.97 | 14.35 | 108.35 | 8,45.01 Cr. |
ICICI Lombard General Insurance Company Ltd | 39.03 | 45.92 | 17.17 | 242.75 | 19,18.59 Cr. |
The New India Assurance Company Ltd | 6.77 | 35.23 | 5.13 | 132.55 | 10,91.12 Cr. |
Objects of the Issue
- Augmentation of capital base to strengthen solvency levels
- General corporate purposes.
Niva Bupa Health Insurance IPO Review
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Niva Bupa Health Insurance IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222
E-mail: nivabupa.ipo@kfintech.com
Website: https://ris.kfintech.com/
IPO Lead Managers aka Merchant Bankers
- ICICI Securities Limited
- Morgan Stanley India Company Private Limited
- Kotak Mahindra Capital Company Limited
- Axis Capital Limited
- Motilal Oswal Investment Advisors Limited
Company Address
Niva Bupa Health Insurance Limited
14th Floor, Capital Cyberscape, Sector-59,
Gurugram – 122 102, Haryana, India
Phone: +91 124 635 4900
Email: Investor@nivabupa.com
Website: www.nivabupa. com
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Note: The Niva Bupa Health Insurance IPO price band and date are officially announced. The (Niva Bupa Health Insurance IPO grey market premium) will be added to the IPO GMP page as it will start).