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Niva Bupa Health Insurance Company Ltd.

Insurance

IPO Details
  • Issue Type Book building
  • Price range Rs.70-74
  • Market Lot 200
  • Total Equity Shares 172857143
  • Face Value Rs. 10
  • Listing Date Nov 14, 2024
IPO Timeline
Opening date Nov 07, 2024
Closing date Nov 11, 2024
Listing Date Nov 14, 2024

IPO Details

Our purpose is to “give every Indian the confidence to access the best healthcare”. We aim to achieve this purpose through our health insurance products and services that enable customers to navigate their healthcare journey, by providing them access to a holistic health ecosystem. According to the Redseer Report, we are one of India’s largest and fastest growing SAHI based on overall health GDPI of ?54,944.28 million in Fiscal 2024. From Fiscal 2022 to Fiscal 2024, our overall GWP grew at a CAGR of 41.27% and our GWP from retail health grew at a CAGR of 33.41%.

Promoters

Prmoters Name

1. Bupa Singapore Holdings Pte Ltd.

2. Bupa Investments Overseas Ltd.

3. Fettle Tone LLP

Prmoters Holdings
  • Pre Share Capital: 1531008578
  • Pre Promoter Holding: 88.98
  • Offer to Public: 172857143
  • Post Share Capital: 1341819390
  • Post Promoter Holding: 73.37

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • ICICI Securities Ltd
  • Morgan Stanley India Co Pvt Ltd
  • Kotak Mahindra Capital Co Ltd
  • Axis Capital Ltd.
  • HDFC Bank Ltd.
  • Motilal Oswal Investment Advisors Pvt Ltd

Subscription Details

Field Description Field Value
Ipo Code 2983
Total Equity 172857143

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 94285715
No of Shares Bid For Qualified Institutional Buyers 193848200
Total No of Shares Bid For Qualified Institutional Buyers 2.06
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 153095600
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 17699000
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 23053600
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 47142857
No of Shares Bid For Non-Institutional Buyers 31822400
Total No of Shares Bid For Non-Institutional Buyers 0.68
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 707600
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 29396200
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 1718600
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 31428571
No of Shares Bid For Retail Individual Investor 85702600
Total No of Shares Bid For Retail Individual Investor 2.73
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 75706800
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 9995800
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 172857143
No of Shares Bid For All 311373200
Total 1.80