IPO Trending
NIVABUPAEQ / NSE, BSEListed
Niva Bupa Health Insurance Company

Incorporated in 2008, Niva Bupa Health Insurance Company Limited is a joint venture between the Bupa Group and Fettle Tone LLP, offering health insurance plans for individuals, families, and corporate employees across India. The company has a strong digital presence through its mobile app and website, which allow customers to access various health services easily. As of March 31, 2024, Niva Bupa covered 14.73 million active lives across 22 states and four union territories, and its Gross Written Premium grew at a CAGR of 41.27% between FY22 and FY24. The company uses advanced machine learning tools, real-time CRM dashboards, and personalized product recommendations to improve customer engagement, supported by a telemarketing team of 410 employees and a dedicated tech team of 126 professionals who work on enhancing digital systems and applications.

₹70 - ₹741.9x sub
Listed Price₹76.60
Listing Gain+3.51%

IPO Schedule & Timeline

Bookbuilding IPO
Open07 Nov 2024
Close11 Nov 2024
Allotment12 Nov 2024
Listing14 Feb 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB8,91,89,190 shares
54.55%
HNI4,45,94,595 shares
27.27%
Retail2,97,29,730 shares
18.18%

Minimum Application Lots

Retail1 Lot (200 shares)
₹14,800
sHNI14 Lots (2,800 shares)
₹2,07,200
bHNI68 Lots (13,600 shares)
₹10,06,400

Company Promoters

Bupa Singapore Holdings Pte. Ltd.Bupa Investments Overseas Limited.

Company Background

Incorporated in 2008, Niva Bupa Health Insurance Company Limited is a joint venture between the Bupa Group and Fettle Tone LLP, offering health insurance plans for individuals, families, and corporate employees across India. The company has a strong digital presence through its mobile app and website, which allow customers to access various health services e...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-24)₹1124 Cr
Growth-40.4%
Revenue Trend (₹ in Crores)
0.01.6k3.2k4.7kMar-22Mar-23Mar-24Jun-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-241,124-18.82 6,542250
Mar-244,118816,191250
Mar-232,859.2412.543,876.57250
Mar-221,884.54-196.532,738.44250

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jun-24-0.110%0%153.7-177.74
Mar-240.510%0%153.7163.48
Mar-230.090%0%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: KFin Technologies Limited

Allotment Finalized
Allotment Date
12 Nov 2024
Official Status
Out / Finalized
Registrar
KFin Technologies Limited
Listing Date
14 Feb 2025

Official Allotment Verification Links

Official Registrar Portal
KFin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Niva Bupa Health Insurance Company. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization12 Nov 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date14 Feb 2025Trading commences on exchange

How to Check Niva Bupa Health Insurance Company Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Niva Bupa Health Insurance Company from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Niva Bupa Health Insurance Company IPO

Complete issue overview for Niva Bupa Health Insurance Company (NIVABUPA) IPO. The issue features an equity share price band of ₹70 – ₹74 per share with a minimum retail lot size of 200 Shares (minimum application amount of ₹14,800). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions