The allotment of shares for Niva Bupa Health Insurance’s ₹2,200 crore IPO is scheduled for today. The issue comprises a fresh issue of 10.81 crore shares, aggregating to ₹800 crore, and an offer for sale of 18.92 crore shares, aggregating to ₹1,400 crore.

The IPO price band is fixed at ₹70 to ₹74 per share, with a minimum lot size of 200 shares. This implies a minimum investment of ₹14,800 for retail investors. The IPO opened for subscription on November 7 and closed on November 11.

Checking Allotment Status on Registrar's Website:

Follow these steps to check the Niva Bupa Health Insurance IPO allotment status:

1. Visit the registrar's website.
2. Click on "Select IPO" and choose the company’s name from the dropdown menu.
3. Then you can enter your PAN, application number, or Demat account details.
4. Click Submit to retrieve the Niva Bupa allotment status

Checking IPO Allotment Status on BSE:

1. Go to the BSE website.
2. Click on the “Equity” section and select "Niva Bupa Health Insurance Company " from the dropdown menu.
3. Enter your application number or PAN.
4. Click on the “Search” button.
5. The result will show the number of shares allotted to you.

If all the details are entered correctly and the allotment has been finalised, the Niva Bupa Health Insurance IPO allotment status will be visible.

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Niva Bupa Health Insurance IPO GMP

The Niva Bupa Health Insurance IPO grey market premium (GMP) stood at ₹0 on Tuesday. Adding this to the upper price band of ₹74 indicates a listing price of ₹74, which is a 0% premium. However, it's crucial to note that while GMPs can provide some insight into market sentiment towards an IPO, they are not always a reliable predictor of the stock's performance upon listing.

About Niva Bupa Health Insurance

Niva Bupa Health Insurance is a prominent player in the health insurance sector in India. The company offers a wide range of health insurance products and services to cater to the diverse needs of its customers. The IPO is a significant step in the company’s growth journey.

ICICI Securities, Morgan Stanley India, Kotak Mahindra Capital, Axis Capital, Hdfc Bank and Motilal Oswal Investment Advisors are the book-running lead managers of the Niva Bupa Health Insurance IPO, while Kfin Technologies is the registrar for the issue.

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