Niva Bupa Health Insurance Stock Launch: Opening Date, Size, Financials, All You Need to Know

Related

Share


Last Updated:

Niva Bupa Health Insurance Stock Launch: Though the speed band of the Stock Launch will definitely be launched on Monday, the insurer intends to raise Rs 2,200 crore with most of the people deal.

The Niva Bupa Health Insurance Stock Launch will definitely be available for public membership in between November 7 and November 11.

Niva Bupa Health Insurance Stock Launch: The going public (Stock Launch) of private wellness insurance coverage firm Niva Bupa Health Insurance Company is readied to be launched on November 7 and will definitely be wrapped up on November 11 for public membership. Though the speed band of the Stock Launch will definitely be launched on Monday, the insurer intends to raise Rs 2,200 crore with most of the people deal.

The Stock Launch makes up a recent issuance of fairness shares value Rs 800 crore and an offer-for-sale of Rs 1,400 crore value shares by entrepreneurs.

As the Stock Launch will definitely be opened up for public membership in between November 7-11, the allocation will definitely be settled on November 12. The share itemizing will seemingly occur on November 14.

The assist publication will definitely be opened up for institutional capitalists on November 6.

Niva Bupa Health Insurance Stock Launch: Stake Sale Through OFS

The Rs 2,200-crore Stock Launch likewise makes up an offer-for-sale of Rs 1,400 crore value shares by entrepreneurs. Through this, entrepreneurs Bupa Singapore Holdings Pte, and worldwide private fairness firm True North- possessed Fettle Tone LLP will definitely be advertising and marketing Rs 350 crore, and Rs 1,050 crore value shares.

Promoters maintain 89.07 p.c shareholding within the enterprise, consisting of Bupa Singapore Holdings Pte’s 62.19 p.c danger, and Fettle Tone LLP 26.80 p.c.

Amongst public traders, India Business Excellence Fund IV is essentially the most vital investor with 2.81 p.c danger, complied with by V-Sciences Investments Pte (2.60 p.c), SBI Life Insurance Company (1.3 p.c), and A91 Emerging Fund II LLP (1.03 p.c).

Niva Bupa Health Insurance & & Its Financials

Niva Bupa Health Insurance is aGurugram -based private wellness insurance coverage firm. It had a market share of 17.29 p.c within the Indian SAHI market within the current financial 2025, boosting from 16.24 p.c within the earlier financial 2024, primarily based upon retail wellness GDPI.

It is India’s third-largest standalone wellness insurance coverage firm (SAHI) and the second-fastest increasing, pushed by a Gross Direct Premium Income (GDPI) of Rs 5,494 crore for financial 2024.

On the financials entrance, the enterprise videotaped an web earnings of Rs 81.85 crore within the fiscal yr 2023-24, a dive from Rs 12.5 crore within the earlier financial. However, its working earnings went down dramatically to Rs 188 crore from Rs 350.9 crore all through the exact same length.

The insurance coverage coverage compnay has truly uploaded lack of Rs 18.8 crore within the three-month length completed June 2024, tightening from lack of Rs 72.2 crore within the year-ago length, however, its working earnings stood at Rs 23.2 crore versus working lack of Rs 13.4 crore in the exact same length.

Niva Bupa Health Insurance: Peer Comparison

Niva Bupa encounters friends like Star Health & & Allied Insurance, which has an incomes per share (EPS) of Rs 14.48, a price-to-earning (PE) proportion of 36.97, and a return on complete property (RoNW) of 14.35 p.c.

ICICI Lombard General Insurance attracts consideration with an EPS of Rs 39.03, a better PE proportion of 45.92, and a RoNW of 17.17 p.c. The New India Assurance has an EPS of Rs 6.77, a PE proportion of 35.23, and a RoNW of 5.13 p.c.

Niva Bupa Health Insurance Stock Launch’s book-running lead supervisors are ICICI Securities, Morgan Stanley India, Kotak Mahindra Capital, Axis Capital, HDFC Bank, andMotilal Oswal Investment Advisors KFin Technologies is the registrar to the Stock Launch.

News group” ipo Niva Bupa Health Insurance Stock Launch: Opening Date, Size, Financials, All You Need to Know



Source link

spot_img