Niva Bupa Health Insurance IPO allotment: Step-by-step guide to check status

The allotment of shares for the initial public offering (IPO) of Niva Bupa Health Insurance Company Limited will be finalised on Tuesday after the public issue saw moderate interest from investors until it was open for bidding.
The Niva Bupa Health Insurance IPO was subscribed 1.90 times as of November 11, 2024. In specific categories, the retail segment saw the strongest interest, with a subscription rate of 2.88 times, while qualified institutional buyers (QIB) subscribed 2.17 times, and non-institutional investors (NII) subscribed 0.71 times.
Niva Bupa Health Insurance, based in Delhi, offered its shares in a price band of Rs 70-74 per share. Investors are required to apply for a minimum lot of 200 shares. The IPO aims to raise Rs 2,200 crore, including Rs 800 crore through a fresh issue and Rs 1,400 crore through an offer-for-sale (OFS).
Investors who have bid for Niva Bupa Health Insurance IPO can check their allotment status online. They can log in to either the BSE website or the website of Kfin Technologies Limited, the registrar for the issue.
If you’ve applied for the Hyundai IPO, you can check your allotment status online in a few simple steps:
Through the BSE website:
Visit the BSE allotment status page: Click here
Select Equity as the issue type.
Choose Niva Bupa Health Insurance Ltd from the dropdown list.
Enter your application number and PAN card details.
Complete the CAPTCHA and click Submit.
Through the KFin Technologies website:
Visit KFin Technologies’ allotment status portal: Click here
Select Niva Bupa Health Insurance Ltd from the dropdown.
Choose how you wish to check the allotment (via Application Number, Demat Account, or PAN).
Enter the relevant details and security CAPTCHA.
Click Submit to view your allotment status.
Founded in 2008, Niva Bupa Health Insurance is a joint venture between the Bupa Group and Fettle Tone LLP, focusing on the health insurance sector. The company provides a broad health service ecosystem, with access to health-related services available through its Niva Bupa Health mobile app and website.
The grey market premium (GMP) for Niva Bupa Health Insurance shares stood at Rs 0 as of November 12, 2024, 8:55 AM.
ICICI Securities, Morgan Stanley India, Kotak Mahindra Capital, Axis Capital, HDFC Bank, and Motilal Oswal Investment Advisors are leading the IPO as book-running managers. Kfin Technologies is serving as the IPO’s registrar.
The shares are expected to list on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Thursday, November 14.