Registered Office:
C-98 1st Flr Lajpat Nagar,Part 1 South Delhi,
New Delhi -
110024,
New Delhi, India.
Phone : +91 124 635 4900 Fax:
Email : investor@nivabupa.com
Website : www.nivabupa.com
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| Initial public offer of up to [*] equity shares of face value of Rs. 10 each ("Equity Shares") of Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) ("Company" or "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to Rs. 2200.00 crores (the "Offer"), comprising a fresh issue of up to [*] equity shares of face value Rs. 10 aggregating up to Rs. 800.00 crores by the company ("Fresh Issue") and an offer for sale of up to [*] equity shares of face value Rs. 10 aggregating up to Rs. 1400.00 crores ("Offer for Sale") by the selling shareholders (as defined below), comprising an offer for sale of up to [*] equity shares of face value Rs. 10 aggregating up to Rs. 350.00 crores by Bupa Singapore Holdings Pte. Ltd and an offer for sale of up to [*] equity shares of face value Rs. 10 aggregating up to Rs. 1050.00 crores by Fettle Tone LLP (together with Bupa Singapore Holdings Pte. Ltd, "Promoter Selling Shareholders"/ "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares").
Price Band: Rs. 70 to Rs. 74 per equity share of face value of Rs. 2 each.
The Floor price is 7.0 times the face value of the equity shares and cap price is 7.4 times the face value of the equity shares.
Bid can be made for a minimum of 200 equity shares and in multiples of 200 equity shares.
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 07-Nov-24 |
11-Nov-24 |
70.00-74.00 |
0.00-0.00 |
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Minimum Application for shares in Nos :
200
Further Multiples of :
200
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| |
Rs Cr |
Lead Managers to the Issue |
| Project Cost |
0.00 |
Axis Capital Ltd
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| Project Financed through Current Offer |
2200.00 |
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| Post Issue Equity Share Capital |
1808.23 |
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| Issue Price |
70.00 |
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