Niva Bupa Health Insurance Company IPO Details

Niva Bupa Health Insurance IPO issue has both fresh issue and offer for sale.

The OFS consist of Rs. 2200 crores and the company will not get anything form OFS proceeds.
Fresh issue consists of Rs. 800 crores. Out of total which Rs. 625 crores will be used for augmenting capital base to strengthen solvency levels and rest of the amount will be used for general corporate Purposes.