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NIVA BUPA HEALTH INSURANCE COMPANY LIMITED

NIVA BUPA HEALTH INSURANCE COMPANY LIMITED

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Registrar: KFin Technologies Limited · Listing 2024-11-14
IPO Timeline
Today · 20 Oct 2026
Opens
07 Nov 2024
Closes
11 Nov 2024
Allotment
12 Nov 2024
Refund
13 Nov 2024
Demat
13 Nov 2024
Listing
14 Nov 2024
Price Band
₹70–74
GMP
₹0
0%
Lot Size
200 Shares
Min ₹14,800
Subscription
0x
Issue Size
₹2200 Cr
Open
2024-11-07
Close
2024-11-11
Listing
2024-11-14

About the company

Niva Bupa Health Insurance Company Limited is one of India’s largest and fastest growing Standalone Health Insurance Companies (SAHI), promoted by the Bupa Group. As of 30 June 2024, it has a network of 210 physical branches across 22 states and 4 union territories in India. It has also insured 14.99 million active lives. It sells its products through direct sales channels comprising its sales team and online sales. It also has intermediated distribution channels comprising individual agents, corporate agents (banks and others), brokers, insurance marketing firms, POSPs and web aggregators.

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 14 Nov 2024
      Listed 705 days ago
      1. IPO Opens

        Completed
        07 Nov 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        11 Nov 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        12 Nov 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        13 Nov 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        13 Nov 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        14 Nov 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      200 shares
      Price / Share (upper)
      ₹74
      Min Investment (1 lot)
      ₹14,800
      Price Band
      ₹70–74
      Retail
      ≤ ₹2,00,000
      Min lots
      1
      Min shares
      200
      Min amount
      ₹14,800
      Max amount
      ₹192,400
      sHNI (Small HNI)
      ₹2L – ₹10L
      Min lots
      14
      Min shares
      2800
      Min amount
      ₹207,200
      Max amount
      ₹991,600
      bHNI (Big HNI)
      > ₹10L
      Min lots
      68
      Min shares
      13600
      Min amount
      ₹1,006,400
      Max amount
      ₹1,080,400

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹1100 Cr
      Shares offered
      152,777,778
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹330 Cr
      Shares offered
      45,833,333
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹770 Cr
      Shares offered
      106,944,445
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).