Niva Bupa Health Insurance IPO Listing: Niva Bupa Health Insurance shares are set to make a stock market debut today, November 14. After the initial public offering (IPO) received decent demand, Niva Bupa Health Insurance IPO listing date is fixed for today.

Niva Bupa Health Insurance Company could not enthuse investors on its debut day as shares closed flat, following weak conditions in the equity markets on November 14. The Nifty 50 has shed 10.4 percent from its record high of September 27.

Niva Bupa Health Insurance’s shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on November 14, 2024. The company’s IPO has generated interest, with strong demand from retail investors.

Niva Bupa Health Insurance shares opened on the BSE at ₹78.50 apiece and touched an intraday high of ₹80.94 apiece

Niva Bupa Health Insurance sold its shares in the price band of Rs 70-74 apiece, which could apply for a minimum of 200 shares and its multiples thereafter to raise a total of Rs 2,200 crore.

Niva Bupa Health Insurance shares made a decent debut on the bourses on Thursday, November 14 as they listed at ₹78.14 on NSE, a premium of 5.5 percent over the issue price of ₹74. Meanwhile, on BSE,

Niva Bupa Health Insurance Company Ltd, formerly known as Max Bupa Health Insurance, made its entry into the stock market on November 14, opening at a decent premium, even as experts predicted a subdued listing.

The Initial Public Offering (IPO) of Niva Bupa Health Insurance Company has received bids for 24.72 crore shares against 17.28 crore shares on offer, reaching 1.43 times subscription by 12:45 pm on its final day, November 11, 2024.

The grey market premium (GMP) of the health insurance company has fallen to zero from ₹3 after the IPO received tepid response from investors.

Shares of Niva Bupa Health Insurance Company Limited made a decent start on the Dalal Street as its shares listed at a premium of 6% on Thursday. Shares of Niva Bupa opened at Rs 78.50 on the Bombay Stock Exchange at a premium of 6.