Niva Bupa Health Insurance IPO GMP, Price, Date, Allotment

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Niva Bupa Health Insurance IPO

Niva Bupa Health Insurance IPO Description – Niva Bupa Health Insurance is India’s largest and fastest-growing health insurance company. Its health insurance products and services enable customers to navigate their healthcare journey and access a comprehensive health ecosystem and service capabilities via ‘Niva Bupa Health’ mobile application and website.

The company had 14.73 million active lives insured as of 31 March 2024. It is strategically focused on the retail health market and its GWP from retail health products was 68.47% of overall GWP for FY 2024. It sells products directly to customers through direct sales channels, which accounted for 13.07% of the business, along with this it also has a diversified channel mix with corporate agents (banks and others), individual agents, and broker channels contributing 27.25%, 32.07% and 27.04% respectively of business by GDPI for FY 2024.

Niva Bupa Health Insurance has established a branch network of 210 physical branches across 22 states and 4 union territories in India to support its employees under its direct sales and individual agents under the intermediated distribution channel. As of 31 March 2024, the company has 7,868 full-time employees.

Niva Bupa Health Insurance Price

Promoters of Niva Bupa Health Insurance – Bupa Singapore Holdings Pte Ltd and Bupa Investments Overseas Limited


Niva Bupa Health Insurance IPO Details

Niva Bupa Health Insurance IPO Dates6 – 8 November 2024
Niva Bupa Health Insurance Issue PriceComing soon
Fresh issueINR 800 crore
Offer For SaleINR 2,200 crore
Total IPO sizeINR 3,000 crore
Minimum bid (lot size)Coming soon
Face Value INR 10 per share
Retail Allocation10%
Listing OnNSE, BSE

Niva Bupa Health Insurance Financial Performance

 FY 2022FY 2023 FY 2024
Revenue1,752.502,662.753,811.24
Expenses287.00400.52246.87
Net income(196.52)12.5481.85
Margin (%)11.214.702.14
Figures in INR Crores unless specified otherwise

Niva Bupa Health Insurance Offer News


Niva Bupa Health Insurance Valuations & Margins

FY 2022FY 2023
(Pre Issue)
FY 2024
(Post-Issue)*
EPS(1.42)0.080.50
PE Ratio–––
* Calculated on the basis of annualized Profits After Tax for FY 2024
FY 2022FY 2023FY 2024
RONW (%)(36.25)1.875.68
NAV3.605.5012.06
ROCE (%)–––
EBITDA (%)–––
Debt/Equity–––
*Compiled by IPO Central from Prospectus

Niva Bupa Health Insurance IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
Coming soon–––

Niva Bupa Health Insurance IPO Objectives

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Augmentation of capital base to strengthen solvency levels of the Company – INR 625 crore
  • General corporate purposes

Niva Bupa Health Insurance IPO Subscription – Live Updates

CategoryQIBNIIRetailEmployeeTotal
Shares Offered–––––

Niva Bupa Health Insurance – Comparison With Listed Peers

CompanyPE ratioEPSRONW (%)NAVIncome (Cr.)
Niva Bupa Health Insurance0.505.6812.0681.85
Star Health and Allied Insurance 36.9714.1914.35108.35845.01
ICICI Lombard Genera Insurance45.9238.7817.17242.751918.59
The New India Assurance35.236.775.13132.551091.12

Niva Bupa Health Insurance IPO Allotment Status

Niva Bupa Health Insurance IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.


Niva Bupa Health Insurance IPO Dates & Listing Performance

IPO Opening Date6 November 2024
IPO Closing Date8 November 2024
Finalization of Basis of Allotment11 November 2024
Initiation of refunds12 November 2024
Transfer of shares to demat accounts12 November 2024
Niva Bupa Health Insurance IPO Listing Date13 November 2024
Opening Price on NSEComing soon
Closing Price on NSEComing soon

Niva Bupa Health Insurance IPO Reviews – Subscribe or Avoid?

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Niva Bupa Health Insurance Offer Lead Manager

AXIS CAPITAL LIMITED
1st Floor, Axis House C-2 Wadia International Center
Pandurang Budhkar Marg, Worli Mumbai – 400 025 Maharashtra
Phone: +91 22 4325 2183
Email: [email protected]
Website: www.axiscapital.co.in


Niva Bupa Health Insurance Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com


Niva Bupa Health Insurance Contact Details

NIVA BUPA HEALTH INSURANCE COMPANY LIMITED
14th Floor, Capital Cyberscape, Sector-59,
Gurugram – 122 102, Haryana, India
Phone: +91 124 635 4900
Email: [email protected]
Website: www.nivabupa. com


Niva Bupa Health Insurance IPO FAQs

How many shares in Niva Bupa Health Insurance IPO are reserved for HNIs and retail investors?

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

How to apply for Niva Bupa Health Insurance Public Offer?

The best way to apply for Niva Bupa Health Insurance public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Niva Bupa Health Insurance IPO GMP today?

Niva Bupa Health Insurance IPO GMP today is INR NA per share.

What is Niva Bupa Health Insurance kostak rate today?

Niva Bupa Health Insurance kostak rate today is INR NA per application.

What is Niva Bupa Health Insurance Subject to Sauda rate today?

Niva Bupa Health Insurance Subject to Sauda rate today is INR NA per application.

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