Last Updated:
Niva Bupa Health Insurance IPO: Though the rate band of the IPO will certainly be introduced on Monday, the insurer intends to elevate Rs 2,200 crore with the general public deal.
The Niva Bupa Health Insurance IPO will certainly be readily available for public membership in between November 7 and November 11.
Niva Bupa Health Insurance IPO: The going public (IPO) of personal wellness insurance company Niva Bupa Health Insurance Company is readied to be released on November 7 and will certainly be wrapped up on November 11 for public membership. Though the rate band of the IPO will certainly be introduced on Monday, the insurer intends to elevate Rs 2,200 crore with the general public deal.
The IPO makes up a fresh issuance of equity shares worth Rs 800 crore and an offer-for-sale of Rs 1,400 crore worth shares by marketers.
As the IPO will certainly be opened up for public membership in between November 7-11, the allocation will certainly be settled on November 12. The share listing will likely happen on November 14.
The support publication will certainly be opened up for institutional capitalists on November 6.
Niva Bupa Health Insurance IPO: Stake Sale Through OFS
The Rs 2,200-crore IPO likewise makes up an offer-for-sale of Rs 1,400 crore worth shares by marketers. Through this, marketers Bupa Singapore Holdings Pte, and worldwide personal equity company True North- possessed Fettle Tone LLP will certainly be marketing Rs 350 crore, and Rs 1,050 crore worth shares.
Promoters hold 89.07 percent shareholding in the business, consisting of Bupa Singapore Holdings Pte’s 62.19 percent risk, and Fettle Tone LLP 26.80 percent.
Amongst public investors, India Business Excellence Fund IV is the most significant investor with 2.81 percent risk, complied with by V-Sciences Investments Pte (2.60 percent), SBI Life Insurance Company (1.3 percent), and A91 Emerging Fund II LLP (1.03 percent).
Niva Bupa Health Insurance & & Its Financials
Niva Bupa Health Insurance is aGurugram -based personal wellness insurance company. It had a market share of 17.29 percent in the Indian SAHI market in the existing monetary 2025, boosting from 16.24 percent in the previous monetary 2024, based upon retail wellness GDPI.
It is India’s third-largest standalone wellness insurance company (SAHI) and the second-fastest expanding, driven by a Gross Direct Premium Income (GDPI) of Rs 5,494 crore for monetary 2024.
On the financials front, the business videotaped an internet earnings of Rs 81.85 crore in the fiscal year 2023-24, a dive from Rs 12.5 crore in the previous monetary. However, its operating earnings went down dramatically to Rs 188 crore from Rs 350.9 crore throughout the very same duration.
The insurance policy compnay has actually uploaded loss of Rs 18.8 crore in the three-month duration finished June 2024, tightening from loss of Rs 72.2 crore in the year-ago duration, nevertheless, its operating earnings stood at Rs 23.2 crore versus running loss of Rs 13.4 crore in the very same duration.
Niva Bupa Health Insurance: Peer Comparison
Niva Bupa encounters peers like Star Health & & Allied Insurance, which has an incomes per share (EPS) of Rs 14.48, a price-to-earning (PE) proportion of 36.97, and a return on total assets (RoNW) of 14.35 percent.
ICICI Lombard General Insurance attracts attention with an EPS of Rs 39.03, a greater PE proportion of 45.92, and a RoNW of 17.17 percent. The New India Assurance has an EPS of Rs 6.77, a PE proportion of 35.23, and a RoNW of 5.13 percent.
Niva Bupa Health Insurance IPO’s book-running lead supervisors are ICICI Securities, Morgan Stanley India, Kotak Mahindra Capital, Axis Capital, HDFC Bank, andMotilal Oswal Investment Advisors KFin Technologies is the registrar to the IPO.
