Niva Bupa Health Insurance's IPO reached 65% subscription on its first day, with Qualified Institutional Buyers (QIBs) leading at 79%, followed by 70% subscription from Retail Individual Investors (RIIs). Priced between Rs 70-74 per share, the IPO aims to raise Rs 2,200 crore and closes on November 11. It includes a fresh issue of Rs 800 crore and an Offer for Sale (OFS) of Rs 1,400 crore by promoters, notably Fettle Tone LLP (Rs 1,050 crore) and Bupa Singapore Holdings (Rs 350 crore). Funds will boost capital for solvency and corporate needs, marking the second standalone health insurer to go public after Star Health. Anchor investors contributed Rs 990 crore, with listing planned for BSE and NSE.