Niva Bupa Health Insurance raised around US$260m in its India IPO in Nov 2024. Its six-month lockup will expire on 12th May 2025.
What is covered in the Full Insight:
IPO Recap
Lockup Dynamics
Recent Updates
Future Outlook
Conclusion
Boomeranged on Mon, 2 Jun 2025 10:18
PE fund True North (via Fettle Tone) and Niva Bupa's MD and CEO, Krishnan Ramachandran have launched a INR10.8bn (US$126m) block of 132m shares or 7.2% of the share capital. The block is priced at INR82, a 11% discount to the pre-deal close of Rs92.29.