The Niva Bupa IPO allotment is set for November 12, 2024. Investors eagerly awaiting results can easily check their Niva Bupa IPO allotment status via the KFin Technologies registrar’s website, the BSE website, Demat account updates, or bank statements if they applied through ASBA. Follow these steps to quickly confirm your status and plan your next investment move.
| Table Of Content |
|---|
| How to Check Niva Bupa IPO Allotment Status |
| Niva Bupa IPO Dates |
| Niva Bupa IPO GMP Trend |
| Financial Overview of Niva Bupa |
| FAQs on Niva Bupa IPO Allotment |
How to Check Niva Bupa IPO Allotment Status
You have several easy options for checking whether you’ve been allotted shares in the Niva Bupa IPO:
- Via the Registrar’s Website (KFin Technologies)
KFin Technologies, the official registrar, will update allotment details as soon as they’re finalized. To check:- Visit the KFin IPO Status page, Link – https://ris.kfintech.com/ipostatus/
- Select “Niva Bupa IPO” from the list.
- Enter your PAN, Application Number, or DP/Client ID and complete the CAPTCHA.
- Hit “Submit” to see your allotment status.
- On the BSE Website
You can also check directly on the Bombay Stock Exchange (BSE):- Go to the BSE IPO Allotment page, Link – https://www.bseindia.com/investors/appli_check.aspx
- Choose “Equity” as the Issue Type and select “Niva Bupa IPO.”
- Enter your Application Number, PAN, and the CAPTCHA code.
- Click “Search” to view if you’ve been allotted shares.
- Through Your Demat Account
Most brokers update allotment status in your Demat account. Simply log in, and any credited shares should be visible under your holdings. This can be one of the quickest ways to see results once they’re updated. - Bank Account Check for ASBA Applications
If you applied through the ASBA (Application Supported by Blocked Amount) method, checking your bank statement can give you a hint. A debit usually means allotment, while funds still blocked indicate you weren’t selected.
Niva Bupa IPO Dates
| Event | Date |
|---|---|
| IPO Allotment Date | November 12, 2024 |
| Refund Initiation | November 13, 2024 |
| Shares Credited to Demat | November 13, 2024 |
| Listing Date | November 14, 2024 |
Niva Bupa IPO GMP Trend
The Grey Market Premium (GMP) for Niva Bupa has fluctuated recently, reflecting mixed market sentiment:
- November 10: GMP was around ₹3
- November 11: GMP dropped slightly to ₹0.
While the GMP can give a sense of market demand, it’s best to view this trend alongside Niva Bupa’s fundamentals and not rely on GMP alone for long-term decisions.
4. Financial Overview of Niva Bupa
Before diving in, here’s a snapshot of Niva Bupa’s financials, providing some insight into the company’s performance and growth potential:
| Financial Metric | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Revenue (₹ Crore) | 1,884 | 2,859 | 4,119 |
| Net Profit (₹ Crore) | -196.5 | 12.5 | 81.8 |
| Assets (₹ Crore) | 1,782 | 2,092 | 3,233 |
| Net Worth (₹ Crore) | 508 | 831 | 2,049 |
These figures position Niva Bupa as a steady player, especially when compared to its peers like Star Health and ICICI Lombard. Niva Bupa’s IPO will further strengthen its capital base, allowing for growth opportunities and stability in the competitive insurance market
5. FAQs on Niva Bupa IPO Allotment
- What’s the Price Band for Niva Bupa IPO?
The IPO is priced between ₹70 and ₹74 per share. - When is the Allotment Date for Niva Bupa IPO?
The allotment is expected to be finalized on November 12, 2024. - What’s the Total Issue Size of the IPO?
The IPO issue size is approximately ₹3,000 crore, with proceeds aimed at boosting the company’s capital. - When Will the Shares List?
Shares are expected to list on November 14, 2024 on both BSE and NSE. - How Much of the Issue is Reserved for Retail Investors?
Retail investors are allotted 10% of the total issue size, with 75% for Qualified Institutional Buyers (QIB) and 15% for Non-Institutional Investors (NII).
These FAQs cover important aspects, helping investors understand key points about the IPO allotment and what to expect.