Niva Bupa Health Insurance Share Price Target From 2024 to 2030: Niva Bupa Health Insurance, one of the major health insurance players in India, has announced its Initial Public Offering (IPO) to be set during November 2024. Famous for the comprehensive health insurance plans as well as for its robust customer service offerings, the company will offer shares at an offering size of ₹2,200 crore. The BSE and NSE listings of the IPO are going to be significant events, which will attract retail and institutional investors. So, we will then go into further details about the Niva Bupa IPO and see how the financial performances unravel from 2024-2030.
Niva Bupa Health Insurance Share Price IPO Details
Niva Bupa Health Insurance is proposing its IPO from November 7, 2024 to November 11, 2024. All the key IPO details:
- Issue Size: ₹2,200 crore
- Face Value: ₹10 per equity share
- Lot Size: 200 shares
- Issue Price: ₹70-74 per equity share
- Total Equity Shares Offered: 297,297,298
- Out of which Equity Shares offered to Public: 29,729,730
- Minimum Lot that one can apply will be of 14,800.
There will be an attractive entry for the investors through setting the IPO price band at ₹70-74 per share. The company will utilize the IPO proceeds for expanding business, building digital infrastructure, and improving its solvency margin.
Niva Bupa Health Insurance Share Price IPO Subscription Status
The IPO received mixed responses from the different categories of investors. Overall, the subscription status was 1.8 times, with moderate demand. The details are presented below for each category:
- Qualified Institutional Buyers (QIBs): Subscribed 2.06 times
- Retail Individual Investors (RIIs): Subscribed 2.73 times
- Non-Institutional Investors (NIIs): Subscribed 0.68 times
- Others: No significant subscription
The IPO received the maximum demand from the retail investors, which subscribed 2.73 times. The subscription rates of the non-institutional investors were poor as high net worth and corporate investors remained cautious.
Niva Bupa Health Insurance Share Price IPO Allotment Status:
The allotment status for Niva Bupa Health Insurance IPO shares are released on November 12, 2024. All the applicants can check the allotment status through the link underneath.
- BSE Website: BSE Allotment Status
- NSE Website: NSE Allotment Status
Market Performance and Listing Gains For Niva Bupa Health Insurance Share Price
Shares of Niva Bupa Health Insurance listed on the stock exchanges on 14 November 2024 at ₹420, a 7.7% premium to the issue price of ₹390. The listing gain was modest, coming in at ₹30 per share and translating to a 7.69% increase. Prices touched a new 52-week high of ₹445.90 within the first few sessions, signaling healthy initial demand from investors.
Although the market was off to a positive start, GMP of Niva Bupa shares showed a flat trend and hence underscored the muted market sentiment. This cautious response may perhaps be one of the reasons due to the overall conditions of the market as well as a concern with regard to the margin of profitability of the company itself.
Financial Summary For Niva Bupa Health Insurance Share Price
Niva Bupa Health Insurance has shown mixed trends in its financial performance in recent quarters. Some summary as follows:
- Revenue Growth (YoY): 34.8%
- Net Profit Growth (QoQ): -8.3%
- Operating Profit Margin (Quarter): -16.9%
- Price-to-Book Ratio: -0.2 (low valuation compared with book value)
- Return on Assets (RoA): -22.3%
- Piotroski Score: 1 (bad financial health)
Revenue growth seems good, but the net profits and operating profit margin have been negative, so profitability is not a good source of worry for this company. This low Piotroski Score indicates some instability financially, which would only influence the sentiments of investors in the short term.
Niva Bupa Health Insurance Share Price Target 2024-2030
Applying the company’s present financials and going market trend, let’s tabulate likely share price targets for Niva Bupa Health Insurance in the short-term future here as well:
| Year | Target |
| 2024 | ₹75-80 |
| 2025 | ₹85-90 |
| 2026 | ₹95-100 |
| 2027 | ₹110-115 |
| 2028 | ₹125-130 |
| 2029 | ₹140-145 |
| 2030 | ₹155-160 |
2024-2025: Initial Growth Phase
Niva Bupa is going to see steady growth in the Niva Bupa Health Insurance Share Price in the first few years after listing, which should reach ₹85-90 by 2025. The main driver of growth for the company may be brand strength in the health insurance space, and their commitment to various digital services from across time periods will act as a thrust factor.
2026-2027: Expansion and Digital Transformation
The Niva Bupa Health Insurance Share Price is expected to reach ₹95-100 levels in 2026. Then, in 2027, it is sure to move towards ₹110-115.
All these can be expected to be supported by the company’s uses of technology for a better customer relationship management scheme. Moreover, the suggested geographical expansion of the company shall lead to this positive trend.
2028-2030: Long-Term Stability and Growth
In the long term perspective, 2028 to 2030, Niva Bupa Health Insurance Share Price is expected to stabilise its profitability margins and grow in operational efficiency. The share price target for FY 2029 would be ₹140-145 and for FY 2030 could reach ₹155-160. This growth would be supported with health awareness and the increase in health insurance demand across India.
Factors Affected by Niva Bupa Health Insurance Share Price
Some of the major factors that are to be reflected in the stock price of Niva Bupa Health Insurance over time are:
- Increasing demand for health insurance: As more people become conscious of health, health insurance solutions will be in ever-increasing demand and add on to the profitability of companies such as Niva Bupa.
- New age health care delivery model: Digital platforms and telehealth will be a main driver for Niva Bupa when it comes to reaching the technically conscious patient population and making it user-friendly.
- Regulatory Changes: Any variations in health insurance rules or government regulations may pose significant challenges to the growth opportunity of the company.
- Profitability Concerns: The company’s currently negative profit margins will be a concern of the investors. Profitability will become essential for long-term growth in share prices.
FAQ Section For Niva Bupa Health Insurance Share Price
1. What is the IPO price of Niva Bupa Health Insurance?
The Niva Bupa Health Insurance Share Price would be ₹70-74 per share.
2. When will Niva Bupa shares start trading from?
The shares are expected to be listed on BSE and NSE from November 14, 2024.
3. What is the minimum lot size in Niva Bupa IPO?
The minimum lot size is ₹14,800 and the lot size is 200 shares.
4. What was the subscription status of Niva Bupa IPO?
The overall subscription was 1.8 times. In retail it was 2.73 times.
5. How much is the long-term share price targets of Niva Bupa?
Expected share price of Niva Bupa in 2030 will be in between ₹155 to ₹160.
6. What can be the reasons for the share price of Niva Bupa getting affected?
Share price may get affected due to demand and supply in the market, change in regulatory framework, going digital, profit margin enhancement.
The new entrant, Niva Bupa Health Insurance, is set to tap the growing health insurance market in India by making its very first IPO. While investor response was moderate for the first stock, such long-term prospects look bright with fantastic brand recognition and continued efforts toward enhancement of digital services. For investment in shares of Niva Bupa Health Insurance, such issues that need to be kept an eye on are the financial performance of the company, changes in the market, and regulatory changes.
