Objective of the Issue
The company proposes to utilise the Net Proceeds towards the following objects:
- Augmentation of its capital base to strengthen solvency levels.
- General corporate purposes.
IPO Details, Price, Market Lot
| Niva Bupa Health Insurance IPO Details | |
| IPO Open Date | 7 November 2024 |
| IPO Close Date | 11 November 2024 |
| IPO Issue Size | 297,297,297 Shares (Aggregating up to ₹2,200.00 Cr) |
| Fresh Issue | 108,108,108 Shares (Aggregating up to ₹800.00 Cr) |
| Offer for Sale | 189,189,189 Shares (Aggregating up to ₹1,400.00 Cr) |
| Retail Portion | Not more than 10.00% of the offer |
| NII Portion | Not more than 15.00% of the offer |
| QIB Portion | Not less than 75.00% of the offer |
| Listing At | NSE, BSE |
| Niva Bupa Health Insurance IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹70 to ₹74 Per Share |
| Employee Discount | — |
| IPO Issue Type | Book Built Issue |
| Niva Bupa Health Insurance IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 200 Shares |
| Minimum Lot Size | 1 Lot (200 Shares) |
| Minimum Amount (Cut-off price) | ₹14,800 |
| Maximum Lot Size | 13 Lots (2,600 Shares) |
| Maximum Amount (Cut-off price) | ₹1,92,400 |
| Niva Bupa Health Insurance IPO Market Lot For S-HNI | |
| No. of Shares Per Lot | 200 Shares |
| Minimum Lot Size | 14 Lots (2800 Shares) |
| Minimum Amount (Cut-off price) | ₹207,200 |
| Maximum Lot Size | 67 Lots (13,400 Shares) |
| Maximum Amount (Cut-off price) | ₹991,600 |
| Niva Bupa Health Insurance IPO Market Lot For B-HNI | |
| No. of Shares Per Lot | 200 Shares |
| Minimum Lot Size | 68 Lots (13,600 Shares) |
| Minimum Amount (Cut-off price) | ₹1,006,400 |
IPO Date, Listing Date, Allotment Date
| Niva Bupa Health Insurance IPO Time Table (Tentative) | |
| IPO Open Date | 7 November 2024 |
| IPO Close Date | 11 November 2024 |
| Basis of Allotment Date | 12 November 2024 |
| Initiation of Refunds | 13 November 2024 |
| Credit of Share to Demat Account | 13 November 2024 |
| IPO Listing Date | 14 November 2024 |
Financial Report
| Period Ended | Assets (₹ in Crore) |
Revenue (₹ in Crore) |
P A T (₹ in Crore) |
Net Worth (₹ in Crore) |
Borrowings (₹ in Crore) |
| 31 June 2024 | 6,542.06 | 1,124.90 | -18.82 | 2,031.77 | 250.00 |
| 31 March 2024 | 6,191.87 | 4,118.63 | 81.85 | 2,049.59 | 250.00 |
| 31 March 2023 | 3,876.57 | 2,859.24 | 12.54 | 831.12 | 250.00 |
| 31 March 2022 | 2,738.44 | 1,884.54 | -196.53 | 507.65 | 250.00z |
| Period Ended | 31 June 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 6,542.06 | 6,191.87 | 3,876.57 | 2,738.44 |
| Revenue | 1,124.90 | 4,118.63 | 2,859.24 | 1,884.54 |
| P A T | -18.82 | 81.85 | 12.54 | -196.53 |
| Net Worth | 2,031.77 | 2,049.59 | 831.12 | 507.65 |
| Borrowings | 250.00 | 250.00 | 250.00 | 250.00 |
| Amount in ₹ Corre | ||||
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding | |
| Post Issue Promotor Holding |
Company Address
Niva Bupa Health Insurance Company Limited
C-98, 1st Floor, Lajpat Nagar, Part 1, South Delhi, New Delhi-110024
Phone: +91 1246354900
Email: investor@nivabupa.com
Website: https://www.nivabupa.com/
IPO Registrar, Lead Manager, Prospectus
| IPO Prospectus |
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| IPO Registrar |
| Kfin Technologies Limited |
| IPO Lead Manager |
|
