Niva Bupa Health Insurance IPO

LISTED

Niva Bupa Health Insurance Co Ltd · Mainboard IPO · NSE · Banking & Finance

Price Band

₹70 – ₹74

Issue Size

₹2200 Cr

Lot Size

202

Listing Gain

+5.59%

About Niva Bupa Health Insurance Co Ltd & Business Model

Niva Bupa (formerly Max Bupa) is India's third-largest standalone health insurance company, offering a range of health insurance products.

Business Operations & Revenue Model

Niva Bupa Health Insurance Co Ltd operates a scalable business model focused on value creation within Banking & Finance. Revenue is generated through primary product sales, long-term service contracts, B2B distribution networks, and key institutional partnerships. The business leverages automated manufacturing facilities, strict quality control systems, and strategic sourcing to maintain competitive margins and reliable service delivery.

Products & Key Services

1. Core Product & Service Offerings: Comprehensive product lines engineered for Banking & Finance standards. 2. Customized Solutions: Bespoke product configurations designed to meet specific B2B and institutional client specifications. 3. After-Market & Value-Added Services: Dedicated maintenance, technical support, and supply chain fulfillment services.

Promoters & Corporate Leadership

Niva Bupa Health Insurance Co Ltd is led by experienced promoters with extensive industry track records and strategic governance capabilities. The leadership team brings multi-decade experience across operations, commercial strategy, corporate administration, and fiscal management.

Objects of the Issue (IPO Objectives)

The company proposes to utilize ₹800.00 Cr for the following primary objectives: 1. Funding capital expenditure requirements for expanding operational infrastructure and technology upgrades. 2. Meeting working capital requirements to support continuous business expansion. 3. Prepayment or repayment of certain outstanding borrowings to optimize capital structure. 4. General corporate purposes and strategic growth initiatives.

IPO Details & Terms

IPO TypeMAINBOARD · BOOK BUILDING
Price Band₹70 – ₹74
Face Value₹10
Issue Size₹2200.00 Cr
Fresh Issue₹800.00 Cr
Offer for Sale₹1400.00 Cr
Lot Size202
Min. Investment₹14,948
Max Retail LotsN/A
ExchangeNSE
NSE SymbolNIVABUPA
BSE CodeN/A
ISININE0LQ901016
QIB Quota50%
NII Quota15%
Retail Quota35%
RegistrarKFin Technologies Ltd

Strengths & Risks

✅ Strengths

  • Established market presence and strong brand recognition in Banking & Finance.
  • Integrated operational capabilities with focus on quality assurance and efficiency.
  • Diversified customer base reducing revenue concentration risk.
  • Experienced promoter and management team with strong domain expertise.
  • Scalable operational architecture positioned for future expansion.

⚠️ Risks

  • Fluctuations in key raw material availability and pricing could impact gross operating margins.
  • Dependency on third-party logistics and supply chain partners for timely distribution.
  • Intense market competition from both domestic established players and new entrants in Banking & Finance.
  • Regulatory changes or macroeconomic shifts affecting industry demand cycles.
  • Working capital intensive business operations requiring consistent cash flow management.

🚀 Opportunities

  • Expansion into high-growth regional and export markets.
  • Introduction of innovative product lines targeting evolving customer preferences in Banking & Finance.
  • Operational efficiency improvements through increased automation and digital integration.

Frequently Asked Questions

What is Niva Bupa Health Insurance IPO?

Niva Bupa Health Insurance IPO is an IPO by Niva Bupa Health Insurance Co Ltd (Banking & Finance sector). The issue price is ₹70 – ₹74 with a lot size of 202 shares.

What is the minimum investment for Niva Bupa Health Insurance IPO?

The minimum investment for Niva Bupa Health Insurance IPO is approximately ₹14,948 (1 lot of 202 shares at ₹74 upper price band).

When is the Niva Bupa Health Insurance IPO allotment?

The allotment date for Niva Bupa Health Insurance IPO is 12 Nov 2024.

When does Niva Bupa Health Insurance IPO list?

Niva Bupa Health Insurance IPO is scheduled to list on 14 Nov 2024.

Key Dates

DRHP DateN/A
RHP DateN/A
Open Date07 Nov 2024
Close Date11 Nov 2024
Allotment12 Nov 2024
RefundN/A
Demat CreditN/A
Listing Date14 Nov 2024

IPO Rating

4.0
Overall Rating out of 5
Business
4.2/5
Financials
3.9/5
Valuation
3.8/5
Growth
4.1/5
Risk
3.5/5

Check Allotment Status

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Check on KFin Technologies Ltd

GMP (Grey Market Premium) is an unofficial, unregulated indicator. It does not guarantee the listing price. All IPO information is for educational purposes only. Verify from official SEBI/NSE/BSE sources.