Niva Bupa Health Insurance Company Limited
ListedMainboardFinancial Services · NSE / BSE
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.
Price Band
₹70 – ₹74
Issue Size
₹2200 Cr
Lot Size
200 shares
GMP
₹1
+1.4%
Est. Listing
₹75
at current GMP
Subscribed
1.90x
overall
Open
7 Nov 2024
Close
11 Nov 2024
Allotment
12 Nov 2024
Refund
13 Nov 2024
Demat Credit
14 Nov 2024
Listing
14 Feb 2025
Last updated 12 days ago
Official Registrar Verification
Niva Bupa Health Insurance Company Limited Allotment Status
Designated Registrar: KFin Technologies Limited
Allotment Date
12 Nov 2024
Basis finalization
Refunds Initiate
13 Nov 2024
Mandate release
Demat Credit
14 Nov 2024
Shares in demat
Listing Debut
14 Feb 2025
Trading begins
How to Check Niva Bupa Health Insurance Company Limited IPO Allotment Status
- Click the Check on Registrar button above to visit KFin Technologies Limited's allotment portal.
- Select Niva Bupa Health Insurance Company Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Niva Bupa Health Insurance Company Limited Public Issue & Market Profile
Niva Bupa Health Insurance Company Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹2,200 Crores. The shares are offered at a price band of ₹70 to ₹74 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 200 shares (approx. ₹14,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by KFin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-11-14, while un-allotted funds or UPI block mandates will be released on 2024-11-13.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.