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
Overall Subscription
1.90x
Total Demand
QIB Multiplier
2.17x
Institutions & Funds
NII / HNI
0.71x
High Net-Worth
Retail (RII)
2.88x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 89,189,190 | 193,848,200 | 2.17x |
| NIB | 44,594,595 | 31,822,400 | 0.71x |
| HNIs(10L +) | 29,729,730 | 20,818,400 | 0.70x |
| HNIs (2-10L) | 14,864,865 | 11,004,000 | 0.74x |
| RETAIL | 29,729,730 | 85,702,600 | 2.88x |
| Total | 208,108,110 | 343,195,600 | 1.90x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 843 | 10,618 | 12.60x |
| HNIs (2-10L) | 3,392 | 5,309 | 1.57x |
| RETAIL | 387,563 | 148,649 | 0.38x |
| Total Applications | 391,798 | 164,576 | 0.42x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 (GMP) for Niva Bupa Health Insurance Company Limited IPO is ₹1 per equity share. Based on the upper price band of ₹70 to ₹74 per equity share, the estimated listing price is ₹75 (+1.4% expected listing gain).
What is the expected profit per lot for Niva Bupa Health Insurance Company Limited IPO?
With a lot size of 200 shares and current GMP of ₹1, the expected profit per application lot is approx ₹200 (+1.4% gain). Minimum application cost is approx ₹14,800.
What is the issue size and price band for Niva Bupa Health Insurance Company Limited IPO?
The Niva Bupa Health Insurance Company Limited IPO aggregate issue size is ₹2,200 Crores with an equity price band set at ₹70 to ₹74 per equity share. The retail lot size is 200 shares requiring a minimum capital outlay of approx. ₹14,800.
How can I check Niva Bupa Health Insurance Company Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.90x (Retail: 2.88x, QIB: 2.17x, NII: 0.71x). You can track live multiples directly on our dedicated subscription page.
Where and when will Niva Bupa Health Insurance Company Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (KFin Technologies Limited) and the BSE status verification website on or around 2024-11-12. Investors can verify status using PAN card or application number.
When is the listing date for Niva Bupa Health Insurance Company Limited IPO?
Niva Bupa Health Insurance Company Limited shares are scheduled to list on NSE and BSE on 2025-02-14.