Niva Bupa Health IPO subscribed 1.8x at close
The non-institutional investors or HNI category was subscribed 0.68 times. The public issue comprised a fresh issue of ₹800 crore and an offer for sale of ₹1,400 crore by promoter Bupa Singapore Holdings and Fettle Tone LLP.
By ET Bureau | Updated:
ETMarkets.com
MUMBAI Niva Bupa Health Insurance Co's IPO was subscribed 1.8 times on Monday, its final day of bidding. The retail investor category was subscribed 2.73 times while the qualified institutional investors category was subscribed 2.06 times.
The non-institutional investors or HNI category was subscribed 0.68 times. The public issue comprised a fresh issue of ₹800 crore and an offer for sale of ₹1,400 crore by promoter Bupa Singapore Holdings and Fettle Tone LLP.
The non-institutional investors or HNI category was subscribed 0.68 times. The public issue comprised a fresh issue of ₹800 crore and an offer for sale of ₹1,400 crore by promoter Bupa Singapore Holdings and Fettle Tone LLP.
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