Niva Bupa Health Insurance IPO: Niva Bupa Health Insurance has fixed the price band of its IPO. The joint venture between Bupa Group and Fetal Tone LLP has fixed the price band of Niva Bupa Health Insurance IPO at ₹70 to ₹74 per equity share. The book build issue will open on November 7, 2024, and will remain open till November 11, 2024. During this time investors will be able to invest in this IPO. The insurance and healthcare company aims to raise ₹2,200 crore from this initial offering, out of which ₹800 crore will be issued as new shares and ₹1,400 crore will be sold through the Offer for Sale (OFS) route. 

Niva Bupa Health Insurance IPO Details 

1. Niva Bupa Health Insurance IPO Price Band: The price band of Niva Bupa Health Insurance IPO has been fixed at ₹70 to ₹74 per equity share.
2. Niva Bupa Health Insurance IPO Subscription Date: The IPO will open on November 7, 2024, and will remain open till November 11, 2024.
3. Niva Bupa Health Insurance IPO GMP: The company's shares are available at par value in the grey market today. According to stock market observers, today's Niva Bupa Health Insurance IPO GMP (grey market premium) is zero.
4. Niva Bupa Health Insurance IPO Size: The company aims to raise ₹2,200 crores from this public offer. Out of these ₹2,200 crores, ₹800 crores are for issuing new shares, while the remaining ₹1,400 crores are reserved for the OFS route.
5. Niva Bupa Health Insurance IPO Allotment Date: The most likely date for the allotment of shares is November 12, 2024, i.e. on Tuesday next week. 
6. Niva Bupa Health Insurance IPO Anchor Allotment: The public issue will open for anchor investors on Wednesday, November 6, 2024.
7. Niva Bupa Health Insurance IPO Lot Size: One lot of 200 shares. Bidders can apply in lots. 
8. Niva Bupa Health Insurance IPO Listing: The public issue will be listed on BSE and NSE. 
9. Niva Bupa Health Insurance IPO Listing Date: The tentative date of share listing is November 14, 2024.
10. Niva Bupa Health Insurance IPO Review: In FY24, the company reported over 44 percent year-on-year growth in revenue while PAT grew by over 550 percent during the period.