Niva Bupa Share Price Surges 5.5% Above IPO Rate on NSE Debut
Niva Bupa Share Price Live Update at 10:32 am: The market value of the firm is ₹14,026.08 crore, and its shares are now down 1.68% at ₹76.83 per.
Niva Bupa Share Price Live Update at 10:16 am: Niva Bupa Health Insurance Company Ltd.'s shares fell 3.5% to ₹75.39 each on the NSE following their listing at a premium of 5.5%.
Niva Bupa Share Price Live Update at 10:03 am: On the NSE, Niva Bupa's shares fell 1.45% to ₹77 per share after being listed at a premium of 5.59%.
Niva Bupa Share Price Live Update at 9:50 am: The stock began trading on the BSE for ₹78.50 per share, a premium of 6.08%.
Niva Bupa Share Price Live Update at 9:43 am: On Thursday, November 14, Niva Bupa shares went up 5.59% to ₹78.14 per share on the NSE, which was the issue price.
Niva Bupa IPO Listing Live Update at 9:29 am: Management
- Chief Executive Officer and Managing Director Krishnan Ramachandran
- Mahendra Vishwanath, Chief Financial Officer
- Ankur Kharbanda, Chief Distribution Officer
- Dr Bhabatosh Mishra, Director-Claims, Underwriting and Product
- Padmesh Nair, Director- Operations and Customer Service
- Tarun Katyal, Director, and Chief Human Resources Officer
- Partha Banerjee, Director and Head –Legal
- Nimish Agrawal, Executive Vice President and Head of Marketing
- Dhiresh Rastogi, Director and Chief Technology Officer
- Vikas Jain, Executive Vice President and Chief Investment Officer
- Manish Sen, Senior Vice President and Appointed Actuary
- Smriti Manchanda, Senior Vice President and the Head of Internal Audit
- Joanne Elizabeth Woods, Chief Risk Officer and Senior Vice President
- Rajat Sharma, Company Secretary, and Compliance Officer
Niva Bupa IPO Listing Live Update at 9:23 am: Board of Directors
- Chandrashekhar Bhaskar Bhave, Chairman, and Independent Director
- Pradeep Pant, Independent Director
- David Martin Fletcher is a non-executive director and nominee of Bupa Singapore Holdings Pte. Ltd
- Divya Sehgal, Non-Executive Director and nominee of Fettle Tone LLP
- Krishnan Ramachandran, Managing Director and Chief Executive Officer
- Maninder Singh Juneja, Non-Executive Director and nominee of Fettle Tone LLP
- Penelope Ruth Dudley, Non-Executive Nominee Director and nominee of Bupa Singapore Holdings Pte. Ltd
- Geeta Dutta Goel, Independent Director
- Carlos Antonio Jaureguizar Ruiz Jarabo, Non-Executive Director and nominee of Bupa Singapore Holdings Pte. Ltd
Live Niva Bupa IPO Listing: On Thursday, November 14, shares of Niva Bupa Health Insurance Company Ltd. will go public on the BSE and NSE.
In the ₹2,200 crore initial share sale, bids for 31,13,62,800 equity shares were received, compared to 17,28,57,143 on offer, resulting in a 1.80-fold subscription. The price range for the shares was ₹70–₹74 per share.
The company has gathered ₹990 crore from anchor investors before the public offering.
The funds raised will be utilized for general business objectives and to increase the capital base.
Important details to be aware of before Niva Bupa's NSE and BSE launch Date
The funds raised will be utilized for general business objectives and to increase the capital base.
Niva Bupa IPO listing date and time
Niva Bupa shares will be listed on the NSE and the BSE on Thursday at 10 am.