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Niva Bupa Health Insurance Company Ltd

Registered Office : C-98 1st Flr Lajpat Nagar,Part 1 South Delhi,New Delhi New Delhi 110024 Phone : +91 124 635 4900
Fax :

Email : investor@nivabupa.com

Website : www.nivabupa.com

Initial public offer of 297,297,296^ equity shares of face value of Rs. 10 each ("Equity Shares") of Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) ("Company" or "Issuer") for cash at a price of Rs. 74 per equity share (including a share premium of Rs. 64 per equity share) aggregating to Rs. 2200.00 crores (the "Offer"), comprising a fresh issue of 108,108,108^ equity shares of face value Rs. 10 aggregating to Rs. 800.00 crores by the company ("Fresh Issue") and an offer for sale of 189,189,188^ equity shares of face value Rs. 10 aggregating to Rs. 1400.00 crores ("Offer for Sale") by the selling shareholders (as defined below), comprising an offer for sale of 47,297,297^ equity shares of face value Rs. 10 aggregating to Rs. 350.00 crores by Bupa Singapore Holdings Pte. Ltd and an offer for sale of 141,891,891^ equity shares of face value Rs. 10 aggregating to Rs. 1050.00 crores by Fettle Tone llp (together with Bupa Singapore Holdings Pte. Ltd, "Promoter Selling Shareholders"/ "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares"). The offer price is 7.40 times the face value of the equity shares. The offer constituted 16.27% of the post-offer paid up equity share capital of the company. ^Subject to finalisation of basis of allotment.

Issue

Opens On

Closes On

07-Nov-2024

11-Nov-2024

Money Payable On

Application

Allotment

74.00

0.00

Minimum Application for shares in Nos : 200.0 Further Multiples of : 200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

2,200.00

1,808.23

74.00

Axis Capital Ltd

HDFC Bank Ltd

ICICI Securities Ltd

Kotak Mahindra Capital Company Ltd

Morgan Stanley India Company Pvt Ltd

Motilal Oswal Investment Advisors Ltd

Projects

Augment the Company Capital Base

Promoted By

Bupa Singapore Holdings Pte.Lt

Bupa Investment Overseas Ltd

Fettle Tone LLP

Listing At

Registrar to the Issue

KFin Techologies Ltd