Niva Bupa Health Insurance sets IPO price band at Rs 70-74 for Rs 2,200 crore offering
Monday, 4 November 2024
Niva Bupa Health Insurance Company Ltd. has announced the price band for its upcoming IPO at Rs 70-74 per share. The IPO, aiming to raise Rs 2,200 crore, will open for subscription from November 7 to 11, with anchor investors bidding on November 6. The company plans to utilize the proceeds to bolster its capital base and solvency levels.
Niva Bupa Health Insurance Company Ltd. has announced the price band for its upcoming IPO at Rs 70-74 per share. The IPO, aiming to raise Rs 2,200 crore, will open for subscription from November 7 to 11, with anchor investors bidding on November 6. The company plans to utilize the proceeds to bolster its capital base and solvency levels.
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