Niva Bupa Health Insurance Shares List at 5.5% Premium on NSE

Niva Bupa Health Insurance shares launched on November 14 with a strong debut, listing at ₹78.14 on the NSE, marking a 5.5% premium from the IPO price of ₹74. On the BSE, shares listed slightly higher at ₹78.5, reflecting a 6.08% gain. The IPO, valued at ₹2,200 crore, had shares priced between ₹70-74 and was open from November 7-11. The offering saw high demand, oversubscribed by 1.9 times, with 31.13 crore bids against 16.3 crore shares. Retail investors showed strong interest, with 2.88 times bids, while the QIB category had 2.17 times bids. However, non-institutional investors bid below expectations, reaching only 0.71 times.

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