Niva Bupa Health Insurance IPO, Price Band, Open Date, GMP, Allotment Status
Niva Bupa Health Insurance IPO GMP is Rs 22. The upper price band is decided at Rs 70 to Rs 74 per share. GMP is an amount which shows how much premium an investor wants to pay for the upcoming IPO. Niva Bupa Health Insurance IPO will open for subscription from November 7, 2024, and will close on November 11, 2024. It is a book-built issue of Rs 2,200 crores. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 800 crores and OFS is of Rs 1400 crores. Niva Bupa Health Insurance IPO GMP quotation is Rs 22. Niva Bupa Health Insurance IPO GMP might rise in the coming days, if the subscription got oversubscribed. Niva Bupa Health Insurance IPO price band is Rs 70 to Rs 74 per share. The minimum lot size set for the retail is 200 shares, for small Non-institutional investors is 14 lots consisting of 2800 shares and for big non-institutional investors is 68 lots with 13,600 shares. The minimum investment required for retail category investors is Rs 14,800, for small NII is Rs 2,07,200 and for big non-institutional investors, it is Rs 10,06,400. Niva Bupa Health Insurance IPO allotment status will be finalised on Friday, November 12, 2024. The listing will be on the BSE, NSE platform on Wednesday, November 14, 2024. The registrar of this IPO is Kfin Technologies Limited.
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