Niva Bupa Health Insurance Company Limited IPO
Niva Bupa Health Insurance Company Limited was a mainboard IPO in the General Insurance sector, offered at ₹70–₹74 per share to raise ₹990 crore. The issue was subscribed 1.8× overall (QIBs 2.06×, NIIs 0.68×, retail 2.73×). It listed on 14 Nov 2024 at ₹78 and closed its first day at ₹74, a listing gain of +0.0% versus the ₹74 issue price. It now trades around ₹73 (-1.8% versus the issue price).
Frequently asked questions
- How many times was the Niva Bupa Health Insurance Company Limited IPO subscribed?
- The Niva Bupa Health Insurance Company Limited IPO was subscribed 1.8× overall — 2.06× in the QIB category, 0.68× among non-institutional investors, 2.73× in retail.
- What were the Niva Bupa Health Insurance Company Limited IPO listing gains?
- Niva Bupa Health Insurance Company Limited listed on 14 Nov 2024 at ₹78, closing its first day at ₹74 — a listing gain of +0.0% versus the ₹74 issue price.
- What were the retail allotment odds for the Niva Bupa Health Insurance Company Limited IPO?
- Retail was subscribed 2.73×, so a single-lot application had roughly a 36.6% chance of allotment (about 1 in 3), and allotment was finalised on 12 Nov 2024.
- What was the price band and lot size of the Niva Bupa Health Insurance Company Limited IPO?
- The price band was ₹70–₹74 per share, with a minimum lot of 200 shares (₹14,800 at the upper band).
- Who were the registrar and lead manager for the Niva Bupa Health Insurance Company Limited IPO?
- KFin Technologies Limited was the registrar, and ICICI Securities was the book-running lead manager.