IPO GMP | Cheap IPO will open for investment, lottery will be held on the first day, do not miss the opportunity – GMP IPO
IPO GMP | The IPO of Niva Bupa Health Insurance Limited Company will open for investment on November 7. Niva Bupa Health Insurance Limited has fixed the price band of Rs 70-74 for the IPO. The IPO size of Niva Bupa Health Insurance Limited Company is Rs 2,200 crore. Apart from new equity shares, there is also an offer for sale in Niva Bupa Health Insurance Limited Company IPO. The IPO of Niva Bupa Health Insurance Limited Company will open for investors on 6 November. Shares of Niva Bupa Health Insurance Limited Company will be listed on NSE and BSE on November 14.
About IPO
Niva Bupa Health Insurance Limited has set a target of raising Rs 2,200 crore through IPO. New equity shares worth Rs 800 crore will be issued in Niva Bupa Health Insurance Limited Company IPO. There is an offer of Rs 1400 crore on the IPO of Niva Bupa Health Insurance Limited Company. The IPO of Niva Bupa Health Insurance Limited Company will be open for investment from November 7 to November 11. The company's shares will also be issued on November 12.
how much is reserved for someone
Niva Bupa Health Insurance Limited has reserved 35% of the company's IPO for retail investors. Of this, 50% is reserved for qualified institutional buyers and 15% for non-institutional investors. Morgan Stanley India Company, ICICI Securities, Kotak Mahindra Capital Company, Axis Capital, Motilal Oswal Investment Advisors and HDFC Bank are the principal managers of Neeva Bupa Health Insurance Limited Company IPO. Kfin Technologies Company is the registrar to the offering.
Where will the company use the funds
Niva Bupa Health Insurance Limited will use the IPO proceeds to make investments to strengthen the capital base and maintain solvency levels.
Disclaimer: Investing in mutual funds and stock market is based on risk. Before investing in the stock market, always consult your financial advisor. tezzbuzz.com will not be responsible for any financial loss.
Comments are closed.