Niva Bupa IPO Allotment Status

Niva Bupa Health Insurance IPO has closed with a positive response from investors, achieving a final subscription of 1.90 times by 11th November 2024 at 5:21:08 PM (Day 3). The public issue witnessed strong demand across most categories. The Retail Investors segment led with an impressive 2.88 times subscription.

The Qualified Institutional Buyers (QIB) portion showed strong interest with 2.17 times subscription. The Non-Institutional Investors (NII) category showed moderate interest with 0.71 times subscription, with small NIIs (sNII) at 0.74 times and big NIIs (bNII) at 0.70 times. The Anchor Investors portion was fully subscribed before the public issue, raising ₹990.00 crores. The offering received a total of 3,91,443 applications.

How to Check Niva Bupa IPO Allotment Status:

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How to Check Niva Bupa IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Kfin Technologies Limited (https://ris.kfintech.com/ipostatus/)

Step 2: From the dropdown menu, select Niva Bupa Health Insurance IPO

Step 3: Choose one of the following modes: PAN ID, Demat Account number, or Application number

Step 4: Enter the information relevant to the mode you have chosen

Step 5: For security purposes, fill out the captcha accurately

Step 6: Click "Submit"

How to Check Niva Bupa IPO Allotment Status on BSE/NSE:

Step 1: Visit the BSE or NSE website (https://www.bseindia.com/investors/appli_check.aspx)

Step 2: Look for the IPO Allotment Status section

Step 3: Select "Niva Bupa Health Insurance Company Limited" from the dropdown menu

Step 4: Enter your application number and PAN ID

Step 5: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Niva Bupa Health Insurance IPO Timeline:

Niva Bupa IPO Subscription Status

Niva Bupa Health Insurance IPO received 1.90 times subscription with 3,91,443 applications. By 11th November 2024 at 5:21:08 PM (Day 3), the detailed subscription status was:

Subscription Day 3 (as of 5:21:08 PM)
Total Subscription: 1.90 times
QIB: 2.17 times 
NII: 0.71 times 
bNII (>₹10L): 0.70 times
sNII (<₹10L): 0.74 times 
Retail investors: 2.88 times 

Subscription Day 2 (November 8, 2024)
Total Subscription: 1.24 times
QIB: 1.59 times
NII: 0.42 times
Retail investors: 1.43 times

Subscription Day 1 (November 7, 2024)
Total Subscription: 0.69 times
QIB: 0.83 times
NII: 0.35 times
Retail investors: 0.76 times

Niva Bupa Health Insurance IPO Details

Niva Bupa Health Insurance's initial public offering (IPO) is a book built issue of ₹2,200.00 crores. This offering consists of a fresh issue of 10.81 crore shares aggregating to ₹800.00 crores and an offer for sale of 18.92 crore shares aggregating to ₹1,400.00 crores.

The bidding process commenced on 7th November 2024 and will conclude on 11th November 2024. The allotment results are anticipated to be finalised on 12th November 2024. The shares are set to be listed on BSE and NSE, with a provisional listing date scheduled for 14th November 2024.

The price band has been established between ₹70 and ₹74 per share. Investors must apply for a minimum lot size of 200 shares, which requires a minimum investment of ₹14,800 for retail investors. For small NIIs, the minimum investment is 14 lots (2,800 shares), totalling ₹207,200, and for big NIIs, it is 68 lots (13,600 shares), totalling ₹1,006,400.

The book-running lead managers include ICICI Securities Limited, Morgan Stanley India Company Pvt Ltd, Kotak Mahindra Capital Company Limited, Axis Capital Limited, HDFC Bank Limited, and Motilal Oswal Investment Advisors Limited. Kfin Technologies Limited is designated as the registrar for this offering.