IPO IPO-Synopsis
Niva Bupa Health Insurance Company Ltd

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Registered Office: C-98 1st Flr Lajpat Nagar,Part 1 South Delhi , New Delhi - 110024 , New Delhi , India.
Phone : +91 124 635 4900   Fax:
Email :  investor@nivabupa.com  
Website :  www.nivabupa.com
Initial public offer of 297,297,296^ equity shares of face value of Rs10 each ("Equity Shares") of Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) ("Company" or "Issuer") for cash at a price of Rs74 per equity share (including a share premium of Rs64 per equity share) aggregating to Rs2200.00 crores (the "Offer"), comprising a fresh issue of 108,108,108^ equity shares of face value Rs10 aggregating to Rs800.00 crores by the company ("Fresh Issue") and an offer for sale of 189,189,188^ equity shares of face value Rs10 aggregating to Rs1400.00 crores ("Offer for Sale") by the selling shareholders (as defined below), comprising an offer for sale of 47,297,297^ equity shares of face value Rs10 aggregating to Rs350.00 crores by Bupa Singapore Holdings Pte. Ltd and an offer for sale of 141,891,891^ equity shares of face value Rs10 aggregating to Rs1050.00 crores by Fettle Tone llp (together with Bupa Singapore Holdings Pte. Ltd, "Promoter Selling Shareholders"/ "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares"). The offer price is 7.40 times the face value of the equity shares. The offer constituted 16.27% of the post-offer paid up equity share capital of the company. ^Subject to finalisation of basis of allotment.

Issue Money Payable On
Opens On Closes On Application Allotment
07-Nov-24 11-Nov-24 Rs74.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :200  Further Multiples of :200

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Axis Capital Ltd
Project Financed through Current Offer 2200.00  
Post Issue Equity Share Capital 1808.23  
Issue Price Rs74.00  
Projects
Augment the Company Capital Base
Promoted By
Bupa Singapore Holdings Pte.Lt
Bupa Investment Overseas Ltd
Fettle Tone LLP
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd