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  1. Niva Bupa IPO allotment: How to check status online on KFin Technologies, BSE, NSE; step-by-step guide

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Niva Bupa IPO allotment: How to check status online on KFin Technologies, BSE, NSE; step-by-step guide

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2 min read | Updated on November 13, 2024, 07:20 IST

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SUMMARY

Niva Bupa IPO allotment status: Once it is finalised, the share allotment status for the Niva Bupa IPO will be available on the websites of the BSE, NSE, and the registrar, KFin Technologies.

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The equity shares of Niva Bupa are proposed to be listed on the BSE and NSE.

Niva Bupa IPO allotment: Niva Bupa Health Insurance Company Ltd's share allotment status will likely be finalised on Wednesday, November 13. Investors who applied for the initial share sale can check the status online on KFin Technologies Ltd, NSE and BSE websites.

Niva Bupa IPO got bids for 31,13,62,800 equity shares against 17,28,57,143 shares on offer, leading to a total subscription of 1.80 times.

The retail investors' portion fetched 2.73 times the subscription, while the qualified institutional buyers (QIBs) quota attracted 2.06 times the subscription. The non-institutional investors category got subscribed 68%.

Niva Bupa IPO allotment: How to check status online on KFin Technologies Ltd

  • Open Kfin Technologies's IPO status page- https://ris.kfintech.com/ipostatus/
  • Of the five links to view IPO allotment status, select any one
  • Select 'Niva Bupa Health Insurance Company Ltd' from the drop-down list of IPO names
  • Enter any one of these: Application number, DP/Client ID, PAN or Account number/IFSC
  • Click on the 'Submit'.

Niva Bupa Health Insurance IPO allotment: Steps to check status online on NSE

Niva Bupa IPO allotment status can also be checked on the BSE website.

Niva Bupa IPO: Listing date

Shares of Niva Bupa Health Insurance Company, formerly Max Bupa Health Insurance Company, will be listed on the NSE and the BSE on Thursday, November 14.

The ₹2,200-crore IPO, with a price band of ₹70-₹74 per share, consisted of new equity shares worth ₹800 crore and an offer for sale (OFS) of ₹1,400 crore by promoters.

The fresh issue proceeds will be used to strengthen the solvency level and serve general corporate purposes.

To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.

About The Author

WhatsApp Image 2024-06-20 at 9.58.49 AM.jpeg
Kamal Joshi is a business journalist who covers industries, markets and IPOs. He is passionate about breaking news and enjoys playing tennis, where he loves flexing his backhand.

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