
Niva Bupa Health Insurance
Mainboard₹14,800 / 200 Shares
Niva Bupa Health Insurance IPO Details
The Niva Bupa Health Insurance IPO price band is set between ₹70-74 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 7 Nov, 2024 and closes on 11 Nov, 2024. Investors can check the allotment status on 12 Nov, 2024, while the listing date is tentatively scheduled for 14 Nov, 2024.
The total issue size is Total ₹2,200 Cr :#Fresh Issue : 108,108,108 shares, aggregating up to ₹800 Cr. Stay tuned for the latest Niva Bupa Health Insurance IPO review and GMP updates.
Niva Bupa Health Insurance IPO Review, Rating & Analysis
Niva Bupa Health Insurance IPO Review
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Niva Bupa Health Insurance IPO Highlights
IPO Date
Nov 7, 2024 - Nov 11, 2024
Listing Date
14 Nov, 2024
Face Value
₹10 Per Equity Share
Price Band
₹70-74 per equity share
Lot Size
200 Shares
Fresh Issue
108,108,108 Shares
Offer for Sale
189,189,189 shares of ₹10
Listing At
BSE, NSE
Niva Bupa Health Insurance IPO Lot Size
The minimum market lot for Niva Bupa Health Insurance IPO is 200 shares with an application amount of ₹14,800. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 200 | ₹14,800 |
| Retail (Max) | 13 | 2600 | ₹1,92,400 |
| S-HNI (Min) | 14 | 2800 | ₹2,07,200 |
| S-HNI (Max) | 67 | 13400 | ₹9,91,600 |
| B-HNI (Min) | 68 | 13600 | ₹10,06,400 |
Niva Bupa Health Insurance IPO Timeline
Issue Price
₹70-74 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
ICICI Securities LimitedMorgan Stanley India Company Pvt LtdKotak Mahindra Capital Company LimitedAxis Capital LimitedHdfc Bank LimitedMotilal Oswal Investment Advisors LimitedIssue Size
Total ₹2,200 Cr :#Fresh Issue : 108,108,108 shares(aggregating up to ₹800 Cr) +
#OFS : 189,189,189 shares of ₹10(aggregating up to ₹1,400 Cr)
Niva Bupa Health Insurance IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 3232.62 | 4118.63 | 81.85 | 2049.59 | 1282.02 | 250.00 |
| 31 Mar 23 | 2091.89 | 2859.24 | 12.54 | 831.12 | 334.26 | 250.00 |
| 31 Mar 22 | 1782.01 | 1884.54 | -196.53 | 507.65 | 125.40 | 250.00 |
All values are in ₹ Cr.
Niva Bupa Health Insurance IPO Valuations
EPS Pre IPO
0.48EPS Post IPO
-0.42PE Pre IPO
153.7PE Post IPO
-177.74ROE
-ROCE
-Debt Equity
0.12RoNW
-0.92PAT Margin
-Price to Book Value
6.14Promoters & Share Holding
Promoter(s) Name
- Bupa Singapore Holdings Pte. Ltd
- Bupa Investments Overseas Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 88.98% | 73.37% |
About Company
Niva Bupa Health Insurance Company Limited is a joint venture company established in 2008 between the Bupa Group and Fettle Tone LLP. Niva Bupa is a unique entity in India's health insurance market. The company is providing a robust health ecosystem beyond insurance, with comprehensive access to health services across friendly mobile applications and websites.
The Company offers custom retail products for individuals and families as well as group insurance options to employers and employees. As of March 2024, Niva Bupa had insured 14.73 million active lives across 22 states and four union territories in India.With a mind-boggling CAGR of 41.27% in GWP, FY 2022- FY 2024 has made Niva Bupa the new-age preferred name for retail health insurance. There is a very robust and strong telemarketing team of 410 working for the company. State-of-the-art machine learning, real-time CRM, and product recommendation tools guide customer engagement for the same. Niva Bupa also relies on a highly capable 126-member tech team with continuous development of digital assets that create richer experiences in the lives of customers as well as simplify their health management.
Niva Bupa Health Insurance IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 89,189,190 | 44,594,595 29,729,730 14,864,865 | 29,729,730 | 163,513,515 |
Day 1 -07-11-24 05:00 PM | 0.79 x | 0.33 0.45 x 0.09 x | 0.71 x | 0.65 x |
Day 2 -08-11-24 05:00 PM | 1.50 x | 0.40 0.49 x 0.22 x | 1.34 x | 1.17 x |
Day 3 -11-11-24 05:00 PM | 2.06 x | 0.68 0.66 x 0.70 x | 2.73 x | 1.80 x |
Retail:2.61x
BHNI:0.08x
SHNI:0.64x times
Company Contact Details
Niva Bupa Health Insurance
C-98, 1st Floor, Lajpat Nagar, Part 1, South Delhi, New Delhi-110024Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: nivabupa.ipo@kfintech.com
Frequently Asked Questions about Niva Bupa Health Insurance IPO
When will Niva Bupa Health Insurance IPO open for subscription?
The Niva Bupa Health Insurance IPO opens on 7 Nov, 2024 and closes on 11 Nov, 2024.
What is the investors portion for Niva Bupa Health Insurance IPO?
The investors' portion for QIB is 2.06 x, NII is 0.66 x, and Retail is 2.73 x.
How to apply for Niva Bupa Health Insurance IPO?
You can apply for Niva Bupa Health Insurance IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Niva Bupa Health Insurance IPO?
The issue size of Niva Bupa Health Insurance IPO is approx ₹Total ₹2,200 Cr :#Fresh Issue : 108,108,108 shares(aggregating up to ₹800 Cr) +#OFS : 189,189,189 shares of ₹10(aggregating up to ₹1,400 Cr) crores.
What is the price band of Niva Bupa Health Insurance IPO?
The price band for Niva Bupa Health Insurance IPO is ₹70 to ₹74 per equity share.
What is the lot size of Niva Bupa Health Insurance IPO?
The minimum bid (lot size) for Niva Bupa Health Insurance IPO is N/A shares with an investment of approx ₹14,800 .
What is the allotment date of Niva Bupa Health Insurance IPO?
The allotment date for Niva Bupa Health Insurance IPO is 12 Nov, 2024.
What is the listing date of Niva Bupa Health Insurance IPO?
The listing date for Niva Bupa Health Insurance IPO is expected to be 14 Nov, 2024.
What is the GMP of Niva Bupa Health Insurance IPO?
The latest Grey Market Premium (GMP) for Niva Bupa Health Insurance IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
