Niva Bupa Health Insurance had a positive start on the stock exchanges today, listing at ₹78.14 on the NSE, marking a 5.6% premium over its issue price of ₹74.00. On the BSE, shares opened slightly higher at ₹78.50, reflecting a 6% gain from the issue price.
Key Details:
- Issue Price: ₹74.00
- NSE Listing: ₹78.14 (+5.6%)
- BSE Listing: ₹78.50 (+6%)
- IPO Subscription: The IPO was open for subscription from November 7 to November 11, with allotment finalized on November 12.
Niva Bupa Health Insurance’s successful listing reflects the decent demand seen during the IPO subscription period. As a prominent player in the health insurance sector, the stock’s positive debut indicates investor confidence in the company’s growth potential and the expanding health insurance market in India.
