Objects of the Issue
| # | Purpose | Estimated Amount |
|---|---|---|
| 1 | The company proposes to utilize the Net Proceeds from the Fresh Issue, as per applicable IRDAI regulations, towards augmentation of its capital base to maintain and strengthen its solvency levels by investing in instruments and in the manner prescribed under the IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024 (“IRDAI AFIF Regulations”) | ₹765.24 Cr |
IPO UPDATE ALERTS
Register for IPO Updates →Track Niva Bupa Health Insurance without missing an update
Register for subscription, GMP, allotment and listing notifications.