The allotment status for the Niva Bupa Health Insurance IPO is set to be finalized today, November 12, 2024. Investors who applied for the IPO can check their application status through the BSE, NSE, or KFin Technologies’ website. This public offering was priced in the range of ₹70 to ₹74 per share, with a target to raise ₹2,200 crore. The IPO received a decent response, with a subscription of 1.90 times by the close of bidding on November 11, driven by retail and institutional investors.
How to Check Niva Bupa IPO Allotment Status Online:
- On KFin Technologies:
- Visit KFinTech IPO Status Page.
- Select “IPO” and choose “Niva Bupa Health Insurance.”
- Enter Application No., Demat Account, or PAN, then submit to view your allotment status.
- On BSE:
- Go to BSE IPO Allotment Check.
- Select “Equity” under Issue Type and “Niva Bupa Health Insurance” as the Issue Name.
- Enter Application No. or PAN and click “Search” to check the status.
- On NSE:
- Visit NSE IPO Allotment Check.
- Register using PAN details for a one-time registration, then log in to view allotment status.
GMP Update and Listing Expectations: As of the latest updates, the Grey Market Premium (GMP) for Niva Bupa Health Insurance IPO stands at ₹0, suggesting a flat listing around its issue price of ₹74. The shares are expected to list on the BSE and NSE on November 14, 2024.
Niva Bupa Health Insurance Overview: Formerly known as Max Bupa, Niva Bupa Health Insurance is a joint venture between the UK-based Bupa Group and Fettle Tone LLP, a True North-controlled entity. The company benefits from Bupa’s extensive experience in healthcare, serving over 50 million customers worldwide.
