Niva Bupa Health Insurance IPO Opening November 7: Key Investment Information
The much-anticipated Niva Bupa Health Insurance IPO is open for subscription from November 7, 2024, to November 11, 2024. This article covers essential details, from the IPO timeline to the lot size and the overall investment structure. Here’s everything you need to know before investing.
Niva Bupa Health Insurance IPO Timeline:
The IPO timeline gives prospective investors insight into the schedule, including listing and refund dates:
- IPO Open Date: Thursday, November 7, 2024
- IPO Close Date: Monday, November 11, 2024
- Basis of Allotment: Tuesday, November 12, 2024
- Refund Initiation: Wednesday, November 13, 2024
- Credit of Shares to Demat: Wednesday, November 13, 2024
- Listing Date: Thursday, November 14, 2024
- UPI Mandate Confirmation Deadline: 5 PM, November 11, 2024
This schedule helps investors keep track of important dates, ensuring they don’t miss key stages in the IPO process.
IPO Lot Size and Investment Details:
The lot size indicates the minimum and maximum shares an investor can apply for. For the Niva Bupa Health Insurance IPO, investors can bid for a minimum of 200 shares, with investments varying for retail and high-net-worth individuals (HNI):
| Application Type | Lots | Shares | Approx. Amount |
| Retail (Min) | 1 | 200 | ₹14,800 |
| Retail (Max) | 13 | 2,600 | ₹192,400 |
| S-HNI (Min) | 14 | 2,800 | ₹207,200 |
| S-HNI (Max) | 67 | 13,400 | ₹991,600 |
| B-HNI (Min) | 68 | 13,600 | ₹1,006,400 |
This structured investment plan allows retail and HNI investors to participate based on their financial goals and limits.
About Niva Bupa Health Insurance Limited:
Niva Bupa Health Insurance Limited has established itself as a prominent player in the health insurance sector. It is known for its extensive range of health coverage options tailored to individual and corporate clients. The company has a strong track record of innovation in health insurance and is backed by global healthcare expertise.
Investment Potential of the Niva Bupa IPO:
Investing in a well-known brand like Niva Bupa can be a strategic move. The company’s reputation and position in the growing health insurance market offer promising growth prospects.
How to Apply for the IPO
- Choose a Demat and Trading Account: For smooth transactions, ensure your trading account is linked to a UPI-enabled bank.
- Place Your Bid: Select the number of shares and bid price within the IPO price band.
- Confirm UPI Mandate: Confirm the mandate on your UPI app before the cut-off date for seamless transactions.
FAQs On Niva Bupa Health Insurence IPO:
- What is the Niva Bupa Health Insurance IPO opening and closing date?
- The IPO opens on November 7, 2024, and closes on November 11, 2024.
- What is the lot size for the Niva Bupa Health Insurance IPO?
- The minimum lot size is 200 shares, with a minimum investment of ₹14,800 for retail investors.
- When is the listing date for the Niva Bupa Health Insurance IPO?
- The listing date is scheduled for November 14, 2024.
- What is the cut-off time for UPI mandate confirmation?
- The cut-off time is 5 PM on November 11, 2024.
- How can I check the allotment status?
- You can check the allotment status on the official registrar’s website after the basis of allotment date.
By investing in the Niva Bupa Health Insurance IPO, you’re supporting a company with a robust track record in health insurance. Be sure to check out related articles for more insights into the IPO process:
Stay informed and make a wise investment decision with this Niva Bupa IPO guide. Sign up for Tap Invest for more information and updates on such investment opportunities.
