Niva Bupa Health Insurance IPO, GMP Today, Details, Lot Size, Date

Dear investors check out here Niva Bupa Health Insurance IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. Niva Bupa Health Insurance IPO GMP today is ₹0.

Niva Bupa Health Insurance IPO is open on Thursday, November 7, 2024. and close on Monday, November 11, 2024. Niva Bupa Health Insurance’s IPO total issue size is 297,297,297 shares (aggregating up to ₹2,200.00 Cr), and Niva Bupa Health Insurance’s IPO price is ₹70 to ₹74 per share. The IPO will be listed on BSE and NSE—Niva Bupa Health Insurance IPO listing on Thursday, November 14, 2024.

Niva Bupa Health Insurance IPO Date

IPO Open Date: Thursday, November 7, 2024
IPO Close Date: Monday, November 11, 2024
Cut-off Time for UPI Mandate Confirmation: 5 PM on November 11, 2024
Basis of Allotment: Tuesday, November 12, 2024
Initiation of Refunds: Wednesday, November 13, 2024
Credit of Shares to Demat Account: Wednesday, November 13, 2024
Listing Date: Thursday, November 14, 2024

Niva Bupa Health Insurance Limited About

Founded in 2008, Niva Bupa Health Insurance is a joint venture between Bupa Group and Fettle Tone LLP that specializes in health insurance.

Offerings: The Niva Bupa Health app and website provide a complete health ecosystem. Products are divided into:
- Retail: Plans for individuals and families
- Group: Plans for employers and employees
Reach: Insures 14.73 million active customers (as of March 31, 2024), and operates in 22 states and 4 union territories in India.
Growth: From FY 2022 to FY 2024, Gross Written Premium (GWP) grew at 41.27% annually, with retail health GWP growing by 33.41%.
Technology & Sales: Has a 410-person telemarketing team using machine learning for lead scoring and customer engagement. The tech team (126 employees) focuses on digital tools, software, and app development.

Competitive Strengths

Broad product range catering to diverse needs
Tech-driven customer service approach
Strong brand and backing by Bupa Group
Expertise in claims management and provider relations

Niva Bupa Health Insurance IPO GMP Today Price | Gray Markets Price Today

Per the last update on November 08, 2024, at 10:00 AM, the latest GMP (Gray Markets Price) for Niva Bupa Health Insurance IPO is ₹0. The base price of the IPO is ₹74, with an estimated listing price of ₹74 (0%)(cap price + today’s GMP). This suggests an expected profit/loss per share of 0%.