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
Live Grey Market Premium
Niva Bupa Health Insurance Company Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹1+1.4%
Issue Price (Upper)
₹74
Band: ₹70 – ₹74
Estimated Listing Price
₹75
Upper price + GMP
Lot Size
200 shares
Min investment ₹14,800
Estimated Profit / Lot
₹200
200 × ₹1
Niva Bupa Health Insurance Company Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹1
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹1 | 1.4% | ₹75 |
| 30 Oct 2026 | +₹1 | 1.4% | ₹75 |
| 29 Oct 2026 | +₹1 | 1.2% | ₹75 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
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 is Niva Bupa Health Insurance Company Limited IPO GMP today?
The latest grey market premium for Niva Bupa Health Insurance Company Limited IPO is ₹1, which indicates an expected listing price of ₹75.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.