Niva Bupa Health Insurance Company lists with 6% premium on the BSE
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Niva Bupa Health Insurance Company has debuted at Rs 78.50 on the BSE, up by 4.5 points or 6.08% from its issue price of Rs 74.
The scrip is currently trading at Rs 76.52, up by 2.52 points or 3.41% from its issue price.
It has touched a high and low of Rs 80.94 and Rs 75.08 respectively. So far 17.28 lakh shares were traded on the counter.
The offering, which was open for subscription between November 7, 2024 and November 11, 2024 was subscribed 1.80 times. The issue price was fixed at Rs 74 per share i.e. at upper end of price band of Rs 70-74 apiece.
Niva Bupa Health Insurance is a standalone health insurer (SAHI) strategically focused on the retail health market.
