To utilize the net proceeds from the fresh issue towards augmentation of its capital base to strengthen solvency levels and general corporate purposes.
To receive the benefits of listing the equity shares on the stock exchanges, including enhancement of the company’s brand name amongst its existing and potential customers and creation of a public market for its equity shares in India.
Strengths & Weaknesses of Niva Bupa Health Insurance Company Limited
Granular retail health insurer
According to the Redseer Report, the company is the third largest and the second fastest growing SAHI in India based on overall health GDPI in Fiscal 2024, with a CAGR of 41.37% from FY22-24
Customer experience and retention
The company has built a range of health insurance product offerings that seek to cater to all stages of the customer lifecycle. The company identifies customer groups based on various parameters, including, for example, age, income, and health status
Technology-led automated approach
The company has designed automated and digital self-serve capabilities aimed at enabling customers to benefit from a seamless, self-serve experience with minimal manual intervention
Regulations
The company is subject to extensive supervision and regulatory inspections (onsite and offsite, thematic or otherwise) by IRDAI, and any regulatory and statutory actions against it or its distributors could cause reputational harm and have a material adverse effect on the business
Dependent on intermediated distribution channels
The company is dependent on its intermediated distribution channels and if it is unable to develop and grow its network of distributors, it could have a material adverse effect on the business
Mandatory ratio requirements
If the company does not meet certain mandatory ratio requirements including its solvency ratio and investment asset allocations, it could be subject to regulatory actions by the IRDAI and will be forced to stop transacting any new business or change its business strategy
Financials
Earnings Per Share
Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.
Income Statement
Also called a Profit & Loss statement, an Income Statement shows how a company has performed financially over a specific accounting period. It focuses on revenue, expenses, profits, and losses.
Jun 2023Jun 2024
Particulars (In Cr)
Jun 2024
Y/Y Change
Operating Revenue
1,124.18
+39.63%
Other Income
84.50
+19.96%
Total Income
1,208.68
+38.05%
Total Expenditure
1,215.26
+30.47%
EBIDT
-7.41
-86.75%
Depreciation
4.37
-51.82%
Interest
7.04
-2.49%
Tax
0.00
--
Net Profit
-18.82
-73.93%
Balance Sheet
A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Mar 2021Mar 2022Mar 2023Mar 2024
Particulars (In Cr)
Mar 2024
Y/Y Change
Total Current Assets
674.83
+48.35%
Total Non-Current Assets
5,517.04
+61.24%
Fixed assets
58.81
+5.81%
Total assets
6,191.87
+59.73%
Total Current Liabilities
3,891.22
+39.05%
Total Non-Current Liabilities
250.04
-0.11%
Total Capital Plus Liabilities
6,191.87
+59.73%
Total Shareholder Funds
2,050.42
+147.71%
Total Debt to Equity
0.12
-60.00%
Cash Flow
The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Mar 2021Mar 2022Mar 2023Mar 2024
Particulars (In Cr)
Mar 2024
Y/Y Change
Cash from Operating Activity
812.52
+37.13%
Cash from Financing Activities
1,110.02
+296.53%
Cash from Investing Activities
-1,881.59
+126.86%
Net Cash Flow
40.96
-4.85%
About Niva Bupa Health Insurance Company Limited
Niva Bupa Health Insurance Company was incorporated on September 5, 2008, The company provides health insurance products and services. The company aims to support customers' healthcare journey through health insurance products and services, offering access to a comprehensive health ecosystem.
Promoter
Bupa Singapore Holding Pte Ltd
Promoter
Bupa Investments Overseas Limited
Niva Bupa Health Insurance Company Limited IPO FAQs
What is Niva Bupa Health Insurance Company Limited IPO?
Niva Bupa Health Insurance Company Limited IPO refers to the initial public offering of shares by Niva Bupa Health Insurance Company Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.
What is the issue size of Niva Bupa Health Insurance Company Limited IPO?
For Niva Bupa Health Insurance Company Limited IPO the issue size is ₹2,200 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.
What is the minimum investment amount for the Niva Bupa Health Insurance Company Limited IPO?
For Niva Bupa Health Insurance Company Limited IPO the minimum investment is ₹14,000. The minimum investment for Niva Bupa Health Insurance Company Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.
What is the lot size of Niva Bupa Health Insurance Company Limited IPO?
For Niva Bupa Health Insurance Company Limited IPO the lot size is 200 shares. The lot size of Niva Bupa Health Insurance Company Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.
How to apply for Niva Bupa Health Insurance Company Limited IPO on Share.Market?
To apply for Niva Bupa Health Insurance Company Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Niva Bupa Health Insurance Company Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.
Can I pre-apply for Niva Bupa Health Insurance Company Limited IPO?
Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Niva Bupa Health Insurance Company Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.
How many days is the IPO application window open?
The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.
Till what time can I apply for an IPO on the last day on Share.Market?
You can apply for the IPO till 3 PM on the last day of application on Share.Market.
What is the allotment date of Niva Bupa Health Insurance Company Limited IPO?
For Niva Bupa Health Insurance Company Limited IPO the allotment date is November 12, 2024. The allotment date of Niva Bupa Health Insurance Company Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.
What are the open and close dates of Niva Bupa Health Insurance Company Limited IPO?
For Niva Bupa Health Insurance Company Limited IPO, the subscription opens on November 7, 2024 and closes on November 11, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
