Niva Bupa Health Insurance Company Limited has launched its initial public offering (IPO), available for subscription from November 7, 2024, until November 11, 2024. The issue comprises a fresh equity sale of Rs 800 crore alongside an offer for sale of 1.89 crore shares. Under offer for sale, Bupa Singapore Holdings and Fettle Tone are offloading their stakes. Niva Bupa announced it has secured Rs 990 crore from anchor investors, with the bidding for these shares concluding on November 6, 2024. The company has set the IPO price band at Rs 70-74, with a minimum lot size of 200 shares, requiring a minimum investment of Rs 14,800. The current grey market premium (GMP) stands at zero.