Shares of Niva Bupa were listed on stock exchanges today at 5.5-6% premium over the IPO price of ₹74. However, the stock closed at ₹74.01 on the NSE and at ₹74 on the BSE. The IPO of Niva Bupa Health Insurance Company Ltd,

Niva Bupa shares make a decent stock market debut on exchanges after a heathy subscription of 1.80 times to its Rs 2,200-crore issue.

Niva Bupa IPO allotment status online can be checked through the websites of BSE and NSE, and on the official portal of IPO registrar. Kfin Technologies is the Niva Bupa IPO registrar.

Niva Bupa Health Insurance sold its shares in the price band of Rs 70-74 apiece, which could apply for a minimum of 200 shares and its multiples thereafter to raise a total of Rs 2,200 crore.

The company became the second standalone health insurer to list, following Star Health & Allied Insurance Company’s debut in December 2021.

Niva Bupa Health Insurance shares made a decent debut on the bourses on Thursday, November 14 as they listed at ₹78.14 on NSE, a premium of 5.5 percent over the issue price of ₹74. Meanwhile, on BSE,

Niva Bupa Health Insurance Company Ltd, formerly known as Max Bupa Health Insurance, made its entry into the stock market on November 14, opening at a decent premium, even as experts predicted a subdued listing.

Niva Bupa Health Insurance IPO is all set to list on November 13. The IPO was subscribed to a total of 1.9 times while the retail portion was booked 2.88 times. The stock of Niva Bupa was neither fetching a premium nor a discount from the grey market, indicating a lacklustre debut for the stock on the bourses.

The Initial Public Offering (IPO) of Niva Bupa Health Insurance Company has received bids for 24.72 crore shares against 17.28 crore shares on offer, reaching 1.43 times subscription by 12:45 pm on its final day, November 11, 2024.

Investors who participated in the IPO can consider holding their shares, but should closely monitor company's performance,” says Nyati of Swastika Investmart.

Niva Bupa share price opened at a 6% premium over its upper IPO price band after its listing, following a subscription of 1.80 times for its ₹2,200 crore IPO