Niva Bupa Health Insurance Company offers health insurance products and services. As per the Redseer’s report, it has a market share in the Indian SAHI market of 16.24% in Fiscal 2024. Its business spread around the world, but primarily in the UK, Australia, Chile, Spain, Poland, New Zealand, Hong Kong, Brazil, Mexico, India, USA, Middle East, and Ireland. As of March 31, 2024, it has 14.73 million active lives insured. The company strategically focuses on the retail health market and its GWP from retail health market accounted for 68.47% of overall GWP for Fiscal 2024.
Niva Bupa Health Insurance IPO, a Mainline IPO of ₹2200.00 Cr opens for subscription from 07-11-2024 to 11-11-2024. The IPO consists of ₹800.00 Cr fresh issue and ₹1400.00 Cr offer for sale. The face value is Rs. 10 and the price band is fixed at 70.00-74.00 per share. You can apply to the Niva Bupa Health Insurance Mainline IPO for a minimum lot of 200 shares amounting of Rs. 14800. The tentative listing date on the exchange(BSE, NSE) is 14-11-2024.
Niva Bupa Health Insurance Company Limited’s revenue increased by 44.05% and profit after tax (PAT) rose by 552.73% between the financial year ending with March 31, 2024 and March 31, 2023.
