Niva Bupa Health Insurance sets IPO price band at Rs 70-74 for Rs 2,200 crore offering

Quick Summary:

Niva Bupa Health Insurance Company Ltd.has announced the price band for its upcoming IPO at Rs 70-74 per share.

The IPO, aiming to raise Rs 2,200 crore, will open for subscription from November 7 to 11, with anchor investors bidding on November 6.

The company plans to utilize the proceeds to bolster its capital base and solvency levels.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaOmanReunionSingapore

Topics: Ipo Fettle tone llp Business news Niva bupa health insurance company ltd Bse Bupa

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 16:57:49 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 574 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23394126

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