@MuStrFc Niva Bupa ( MAX Bupa ) Is relatively a very small insurance company whose valuation
In Private Equity is around 12500 cr
But considering it's Premium income and
Policy distribution its fair value is not more than 2500 cr
And not a big scale
Sp it's IPO in atleast next 18 months is not possible
Reason : Yesterday the deal of its big minority stake was done ( You would have read that article and asked this question, Maybe )
To get that 12500 cr value and return for PE investors the Company has to grow atleast 5× to 7× from this point of time
So From my perspective 3 yrs is not possible
Future to nahi bata sakte
Par practically possible nahi he