GWP for the entire year stood at ₹7,407 crore, a 32% increase compared to last year.
The public offering of Niva Bupa Health Insurance has been oversubscribed, based on the IPO subscription status.
The price band for the IPO is set between ₹70-74 per share.
Retail Individual Investors (RIIs) have made the largest bids in the Niva Bupa IPO, fully subscribing to the quota set aside for their category.
The IPO includes a fresh equity issue worth ₹800 Crore and an offer-for-sale (OFS) of ₹1,400 Crore from promoters.
The offer for sale includes 18.92 crore shares, totalling Rs 1400 crore, while the new issuance includes 10.81 crore shares worth Rs 800 crore.
According to the exchange filing, the health insurer distributed 13,37,83,783 equity shares to 32 anchor investors
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.