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Niva Bupa Impresses in Market Launch, Climbing 5.5% to ₹78.14 on NSE and 6.08% to ₹78.5 on BSE!

Niva Bupa Health Insurance shares debuted at ₹78.14 on NSE, a 5.5% premium over the ₹74 IPO price, and ₹78.5 on BSE, reflecting investor confidence and optimism.
Niva Bupa Impresses in Market Launch, Climbing 5.5% to ₹78.14 on NSE and 6.08% to ₹78.5 on BSE!

Niva Bupa Health Insurance shares debuted at ₹78.14 on NSE, a 5.5% premium over the ₹74 IPO price. On BSE, it opened at ₹78.5, up 6.08%, signalling positive investor sentiment. The listing reflects market confidence in the company’s growth potential.

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Niva Bupa Health Insurance Company Ltd IPO saw active Day 3 subscriptions with Qualified Institutional Buyers (QIBs) reaching 2.06 times, Non-Institutional Investors at 0.68 times, and Retail Individual Investors (RIIs) at 2.73 times, culminating in a total subscription of 1.80 times.

Niva Bupa Health Insurance Company Limited is dedicated to providing every Indian with confident access to quality healthcare through a range of comprehensive insurance products. With 16 years of innovative offerings, the ‘Niva Bupa Health’ app supports diagnostics, consultations, and policy management, fostering holistic healthcare and disease management. Backed by Bupa’s global expertise, Niva Bupa leverages its majority foreign promoter’s vast healthcare knowledge, serving 50 million customers worldwide.

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Niva Bupa Health Insurance aims to utilise ₹625 crore to enhance its solvency margin and ratio. Additional funds will support IT initiatives, operational costs, and address corporate contingencies, strengthening overall business stability and growth prospects.

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