31 Mar 2022
Assets2,738.44
Total Income1,884.54
Profit After Tax-196.53
NET Worth507.65
Reserves and Surplus125.40
Total Borrowing250.00
At a glance
Updated 2026-08-24The shares listed at ₹78.14, a 5.59% move from the issue price. Niva Bupa Health Insurance is a Mainboard IPO with an issue size of ₹2,200.00 crore, proposed for listing on BSE, NSE. The offer opens on 7th Nov 2024 and closes on 11th Nov 2024. The issue structure includes a fresh issue of ₹800.00 crore and an offer-for-sale component of ₹1,400.00 crore. The current listing schedule points to 14th Nov 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹2,200.00 Cr
Fresh issue₹800.00 Cr
Offer for sale₹1,400.00 Cr
Face value₹10
Price band₹70.00–₹74.00
Allotment12th Nov 2024
Listing14th Nov 2024
Listing performance
Full performance ↗Issue price₹74.00
Listing price₹78.14
Current price—
Listing gain5.59%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹1.00
GMP / upper price1.35%
Est. listing₹75.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens7th Nov 2024
Closes11th Nov 2024
Allotment12th Nov 2024
Refund13th Nov 2024
Demat13th Nov 2024
Listing14th Nov 2024
Subscription demand
Full bidding ↗Total1.90×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 200 | ₹14,800 |
Company
Incorporated2008
Use of proceeds
| Object | Amount |
|---|---|
| The company proposes to utilize the Net Proceeds from the Fresh Issue, as per applicable IRDAI regulations, towards augmentation of its capital base to maintain and strengthen its solvency levels by investing in instruments and in the manner prescribed under the IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024 (“IRDAI AFIF Regulations”) | ₹765.24 Cr |
Financials
Full financials ↗31 Mar 2023
Assets3,876.57
Total Income2,859.24
Profit After Tax12.54
NET Worth831.12
Reserves and Surplus334.26
Total Borrowing250.00
31 Mar 2024
Assets6,191.87
Total Income4,118.63
Profit After Tax81.85
NET Worth2,049.59
Reserves and Surplus1,282.02
Total Borrowing250.00
30 Jun 2024
Assets6,542.06
Total Income1,124.90
Profit After Tax-18.82
NET Worth2,031.77
Reserves and Surplus1,282.44
Total Borrowing250.00
Trend chart₹ crore
KPIs
| KPI | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | 2024 | 765.24 |
Valuation & shareholding
Pre-IPO EPS0.48
Post-IPO EPS-ve
Pre-IPO P/E153.7
Post-IPO P/E-ve
Promoter holding pre88.98%
Promoter holding post73.37%
Market cap₹13380.91 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs' fees including underwriting commission, brokerage and selling commission, as applicable | ₹43.25 Cr |
| Commission/processing fee for SCSBs, Sponsor Banks and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹2.19 Cr |
| Fees payable to the Registrar to the Offer | ₹0.73 Cr |
| Fee payable to Joint Statutory Auditors | ₹7.14 Cr |
| Fee Payable to the Independent Chartered Accountant | ₹0.54 Cr |
| Others - Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | ₹6.09 Cr |
| Others - Printing and distribution of issue stationery | ₹1.26 Cr |
| Others - Advertising and marketing expenses | ₹7.63 Cr |
| Others - Fees payable to legal counsels | ₹9.41 Cr |
| Others - Fees payable to Redseer and other advisors to the Offer | ₹0.66 Cr |
| Others - Miscellaneous | ₹16.17 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.