Niva Bupa Health Insurance IPO Date, Review, Price, Allotment Details

Niva Bupa Health Insurance IPO open date is November 6, 2024 and the IPO will close on November 8, 2024. Niva Bupa Health Insurance is a Book Built Offer. The company to raise around ₹3,000 crores via IPO that comprises fresh issue of ₹800 crores and offer for sale up to [.] equity shares with face value of ₹10 each..

Niva Bupa Health Insurance IPO price band is not announced yet. The retail quota is 10%, QIB is 75%, and HNI is 15%. Niva Bupa Health Insurance IPO to list on NSE and BSE on November 13, 2024. The allotment of Niva Bupa Health Insurance IPO date is November 11, 2024.

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. As per the financials the IPO investors should apply the IPO for a long term.

IPO Initial Public Offerings

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.

ApplicationLot SizeSharesAmount
Retail Minimum1₹-
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-

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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
Star Health and Allied
Insurance Company Ltd
14.4836.9714.35108.358,45.01 Cr.
ICICI Lombard General
Insurance Company Ltd
39.0345.9217.17242.7519,18.59 Cr.
The New India Assurance
Company Ltd
6.7735.235.13132.5510,91.12 Cr.

Objects of the Issue

  • Augmentation of capital base to strengthen solvency levels
  • General corporate purposes.

Niva Bupa Health Insurance IPO Review

  • Canara Bank –
  • DRChoksey FinServ –
  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

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

Niva Bupa Health Insurance IPO FAQs

What is Niva Bupa Health Insurance IPO?

Niva Bupa Health Insurance IPO is a main-board IPO. The company is going to raise ₹3,000 Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.

When Niva Bupa Health Insurance IPO will open for subscription?

The IPO is to open on November 6, 2024 for QIB, NII, and Retail Investors. The IPO will close on November 8, 2024.

What is Niva Bupa Health Insurance IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Niva Bupa Health Insurance IPO?

You can apply for Niva Bupa Health Insurance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Niva Bupa Health Insurance Issue Size?

Niva Bupa Health Insurance issue size is ₹3,000 crores.

What is Niva Bupa Health Insurance IPO Price Band?

Niva Bupa Health Insurance IPO Price Band is ₹[.] to ₹[.].

What is Niva Bupa Health Insurance IPO Lot Size?

The minimum bid is [.] Shares with ₹[.] amount.

What is the Niva Bupa Health Insurance IPO Allotment Date?

Niva Bupa Health Insurance IPO allotment date is November 11, 2024.

What is the Niva Bupa Health Insurance IPO Listing Date?

Niva Bupa Health Insurance IPO listing date is November 13, 2024. The IPO is to list on BSE and NSE.

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).
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