Niva Bupa Health Insurance Company Ltd - IPO

Niva Bupa Health Insurance Company Ltd IPO Details

Initial public offer of 297,297,296^ equity shares of face value of Rs. 10 each (Equity Shares) of Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) (Company or Issuer) for cash at a price of Rs. 74 per equity share (including a share premium of Rs. 64 per equity share) aggregating to Rs. 2200.00 crores (the Offer), comprising a fresh issue of 108,108,108^ equity shares of face value Rs. 10 aggregating to Rs. 800.00 crores by the company (Fresh Issue) and an offer for sale of 189,189,188^ equity shares of face value Rs. 10 aggregating to Rs. 1400.00 crores (Offer for Sale) by the selling shareholders (as defined below), comprising an offer for sale of 47,297,297^ equity shares of face value Rs. 10 aggregating to Rs. 350.00 crores by Bupa Singapore Holdings Pte. Ltd and an offer for sale of 141,891,891^ equity shares of face value Rs. 10 aggregating to Rs. 1050.00 crores by Fettle Tone llp (together with Bupa Singapore Holdings Pte. Ltd, Promoter Selling Shareholders/ Selling Shareholders and such equity shares offered by the selling shareholders, the Offered Shares). The offer price is 7.40 times the face value of the equity shares. The offer constituted 16.27% of the post-offer paid up equity share capital of the company. ^Subject to finalisation of basis of allotment.

Objective of issue

Augment the Company Capital Base.

Niva Bupa Health Insurance Company Ltd Contact Details

Niva Bupa Health Insurance Company Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - investor@nivabupa.com

Website - www.nivabupa.com