Gainers & Losers

YOU ARE ON :
  • HOME /
  • IPO /
  • IPO ISSUES /
  • IPO-SYNOPSIS

Niva Bupa Health Insurance Company Ltd

Registered Office: C-98 1st Flr Lajpat Nagar,Part 1 South Delhi, New Delhi - 110024, New Delhi, India.
Phone : +91 124 635 4900   Fax:
Email :  investor@nivabupa.com  
Website :  www.nivabupa.com

Initial public offer of 297,297,296^ equity shares of face value of Rs. 10 each ("Equity Shares") of Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) ("Company" or "Issuer") for cash at a price of Rs. 74 per equity share (including a share premium of Rs. 64 per equity share) aggregating to Rs. 2200.00 crores (the "Offer"), comprising a fresh issue of 108,108,108^ equity shares of face value Rs. 10 aggregating to Rs. 800.00 crores by the company ("Fresh Issue") and an offer for sale of 189,189,188^ equity shares of face value Rs. 10 aggregating to Rs. 1400.00 crores ("Offer for Sale") by the selling shareholders (as defined below), comprising an offer for sale of 47,297,297^ equity shares of face value Rs. 10 aggregating to Rs. 350.00 crores by Bupa Singapore Holdings Pte. Ltd and an offer for sale of 141,891,891^ equity shares of face value Rs. 10 aggregating to Rs. 1050.00 crores by Fettle Tone llp (together with Bupa Singapore Holdings Pte. Ltd, "Promoter Selling Shareholders"/ "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares"). The offer price is 7.40 times the face value of the equity shares. The offer constituted 16.27% of the post-offer paid up equity share capital of the company. ^Subject to finalisation of basis of allotment.

Issue Money Payable On
Opens on Closes On Application Allotment
07-Nov-24 11-Nov-24 74.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 200   Further Multiples of : 200
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Axis Capital Ltd
Project Financed through Current Offer 2,200.00  
Post Issue Equity Share Capital 1,808.23  
Issue Price 74.00  

Project

  • Augment the Company Capital Base

Promoted By

Bupa Singapore Holdings Pte.Lt

Bupa Investment Overseas Ltd

Fettle Tone LLP

Listing At

BSE

NSE

Registrar to the Issue

KFin Techologies Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.