Niva Bupa Health Insurance
MAINBOARD
Listed
Price Band
₹70 - ₹74
Lot Size
200 Shares
Issue Size
₹2,551.14 Cr
Fresh Issue
₹1,913.36 Cr
OFS
₹637.78 Cr
Registrar
KFin Technologies Limited
AI Sentiment Score
Listing Price
₹78.14
vs Issue: ₹74 (+5.59%)
📅 IPO Timeline
✓
Open
Nov 7, 2024
✓
Close
Nov 11, 2024
✓
Allotment
Nov 12, 2024
✓
Refund
Nov 13, 2024
✓
Demat
Nov 13, 2024
✓
Listing
Nov 14, 2024
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Niva Bupa Health Insurance displays an established operational footprint with expanding revenue streams (Positive) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (Positive).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 15.0%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
📊 Key Financials
📋 Live Subscription Status
QIB
2.06x
NII
0.70x
Retail
2.73x
Total
1.80x
🎯 Retail Allotment Probability
36.6% Odds
1 in 2.7 chance (~36.6% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Sep 12, 2026 2:41 PM
💼 Issue Structure & Reservation Quota
Capital Structure
₹2,551.1 Cr
Issue Size
Fresh (75%)
OFS (25%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
🔗 Important Links & Lead Managers
- SEBI Filings (DRHP)View on SEBI →
- SEBI Filings (RHP)View on SEBI →
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.