Niva Bupa Health Insurance Company Ltd. IPO

Niva Bupa Health Insurance IPO is a book-built issue totaling Rs 2,200 crore, consisting of a fresh issue of 10.81 crore shares worth Rs 800 crore and an offer for sale of 18.92 crore shares amounting to Rs 1,400 crore. The IPO will be open for subscription from November 7 to November 11, 2024, with allotment expected on November 12, and listing on BSE and NSE scheduled for November 14, 2024. The price band is set at Rs 70 to Rs 74 per share. Retail investors can invest a minimum of Rs 14,800 for 200 shares, with sNII and bNII minimum investments at Rs 2,07,200 and Rs 10,06,400, respectively.

RHP
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DRHP
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Open Date

2024-11-07

Close Date

2024-11-11

Niva Bupa Health Insurance Company Ltd. IPO Details

Check out the issue details for Niva Bupa Health Insurance Company Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 74

Price Band

₹ 70 - 74

Issue Size

2200 Cr.

Issue Type

Book Built

Open

2024-11-07

Close

2024-11-11

Listingprice

₹ 78.14

ListingGain

5.59%

Listing Date

2024-11-14

CMP

₹ 73.27

Current Return

-0.99%

Company Financials

You can get the following financial statements of Niva Bupa Health Insurance Company Ltd. as of now.

Niva Bupa IPO Details

The details about the Niva Bupa IPO are as follows:

  • The issue size of the IPO is 2200 Cr.
  • The price band for Niva Bupa IPO is Rs 70 to Rs 74.
  • The shares of Niva Bupa IPO will list on 14th November.
  • The latest tentative GMP of Niva Bupa IPO is Rs 5.
  • The shares of Niva Bupa IPO are subscribed 1.90 Times.

Niva Bupa IPO Valuation

The approx valuation of Niva Bupa IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 74
Existing Shares (Qty) 171.89 Cr
Fresh Issue 800 Cr
Market Cap 13519.86 Cr
EPS (FY24) Rs 0.51
PE Ratio 145.09x
Industry PE 38.60x

 

Niva Bupa IPO Issue Size

Niva Bupa IPO issue size is 2200 Cr.

Issue Amount
Fresh Issue 800 Cr
Offer For Sale 1400 Cr

 

Niva Bupa IPO Market Lot

An individual can apply for a minimum of 1 lot of 200 shares and a maximum of 13 lots of 2600 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 200 Rs 14,800
Maximum 13 2600 Rs 1,92,400

 

Niva Bupa IPO Share Offer

The shares of Niva Bupa IPO are subscribed 1.90 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Minimum 75%
Non-Institutional Maximum 15%
Retail Individual Maximum 10%

 

Niva Bupa IPO GMP (Grey Market Premium)

As on GMP (Tentative)
11 November 2024 Rs 5

Niva Bupa IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Niva Bupa IPO Dates

Find below the dates for Niva Bupa IPO:

Schedule Date
Basis of Allotment 12 November 2024
Refunds 13 November 2024
Credit to Demat Account 13 November 2024
IPO Listing Date 14 November 2024

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Other Income 0.01 0.03 7.19 6.16 3.16
Profit Before Tax -61.55 -49.74 -196.53 12.54 81.85
Tax 0 0 0 0 0
Net Profit -61.55 -49.74 -196.53 12.54 81.85

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 1126 1349.73 1408.6 1510.68 1699.54
Borrowings 0 0 0 0 0
Total Liabilities 345.92 576.82 755.65 1078.08 2300.65
Other N/C Assets 2.47 1.63 0.52 3.73 0.51
Total Assets 345.92 576.82 755.65 1078.08 2300.65
Assets
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 0 0 0 0 0
Adjustment 215.21 449.41 606.29 1141.61 1304.33
Tax Paid -107.22 -191.46 -244.66 -542.8 -487.13
Operating Cash Flow 106.94 257.1 337.81 592.51 812.53
Investing Cash Flow -302.54 -373.98 -760.82 -829.39 -1881.59
Financing Cash Flow 145 280.48 373.76 279.93 1110.02
Net Cash Flow -50.6 163.6 -49.25 43.05 40.96
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