| Company Name | Niva Bupa Health Insurance Company Limited |
| Open Date | 07-11-2024 |
| Close Date | 11-11-2024 |
| Exchange | BSE, NSE |
| Lot Size | 200 Shares |
| Issue Price | ₹70 to ₹74 per share |
| Issue Size | 29,72,97,297 shares |
| Application Amount | ₹14,800 - ₹1,92,400 (200 to 2600 shares) |
| Recommendation | Only for Risk Seekers |
Niva Bupa Health Insurance Company Limited was originally incorporated as “Max Bupa Health Insurance Limited” on Sep 5, 2008. The registered office is located at New Delhi, India. The company is engaged in providing health insurance to retail and group customers. They also provide personal accident and travel insurance. The company had 8,555 full-time employees and 26,920 as of June 30, 2024.
| KPI’s | FY 22 | FY 23 | FY 24 |
| Premium Earned | 1,752.51 | 2,662.75 | 3,811.25 |
| Operating Profit | 45.74 | 350.94 | 188.03 |
| Net Profit | -196.53 | 12.54 | 81.85 |
| RoA | -11.03% | 0.60% | 2.53% |
| RoNW | -38.71% | 1.51% | 3.99% |
| P/E | - | 925.00 | 148.00 |
| Opening Date | 07/11/2024 |
| Closing Date | 11-11-2024 |
| Basis of Allotment | 12-11-2024 |
| Initiation of Refunds | 13-11-2024 |
| Credit of Shares to Demat | 13-11-2024 |
| Listing Date | 14-11-2024 |
| Augmentation of the Company’s capital base to maintain and strengthen the solvency levels. |
| Registered Office | Niva Bupa Health Insurance Company Limited C-98, 1st Floor Lajpat Nagar, Part 1 South Delhi, New Delhi-110024 |
| Phone | +91 1246354900 |
| investor@nivabupa.com | |
| Website | https://www.nivabupa.com/ |
| Name | KFin Technologies Limited |
| Phone | 04067162222, 04079611000 |
| nivabupa.ipo@kfintech.com | |
| Website | https://kosmic.kfintech.com/ipostatus/ |
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not less than 10.00% of Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
| Share Holding Pre Issue (Promoters) | 89.07% |
| Share Holding Post Issue (Promoters) | 73.44% |