Niva Bupa IPO opens today: Invest or wait? Check GMP, & Brokerages' views

Quick Summary:

Analysts at Anand Rathi’s research team have recommended that investors subscribe to the Niva Bupa IPO with a long-term perspective.

They noted that although the company is a leading player in India’s health insurance market and one of the fastest-growing in the sector, its earnings were positive in FY23, but the first quarter of the current fiscal year showed negative results.

Niva Bupa has announced that it has already raised Rs 990 crore from anchor investors in a bidding concluded on November 6, 2024.

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Category: BusinessFinance

Markets: India

Topics: Niva Bupa IPO news Ipo news Ipo gmp today Niva Bupa IPO apply or not Niva Bupa IPO allotment date Niva Bupa IPO grey market preium Niva Bupa IPO subscription status Share market news Niva Bupa IPO latest gmp Brokerage calls Ipo grey market premium Niva Bupa IPO subscription status Niva Bupa IPO review Niva Bupa IPO gmp Niva Bupa IPO dtails Ipo review

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 09:40:10 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 846 words

Reading Time: 5 minutes read

Sentences: 38 lines

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Copyright Owner: © Business Standard

News ID: 23456222

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