November 7, 2024 - November 11, 2024

Niva Bupa Health Insurance IPO Review & Recommendations

Bajaj Capital Ltd, BP Equities (BP Wealth), Canara Bank Securities Ltd, Mehta Equities and Ventura Securities Limited have given "Apply" recommendation to Niva Bupa Health Insurance IPO. Dilip Davda and Swastika Investmart Ltd have given "May Apply" recommendation to Niva Bupa Health Insurance IPO. Capital Market has "Neutral" view about the IPO. Axis Capital has "Not Rated" the IPO.

Niva Bupa Health Insurance IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	5	2	1	0	1
%	55.56	22.22	11.11	0.00	11.11

Niva Bupa Health Insurance IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Axis Capital	Not Rated
Bajaj Capital Ltd	Apply
BP Equities (BP Wealth)	Apply
Canara Bank Securities Ltd	Apply
Capital Market	Neutral
Dilip Davda	May Apply
Mehta Equities	Apply
Swastika Investmart Ltd	May Apply
Ventura Securities Limited	Apply

Niva Bupa Health Insurance IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Niva Bupa Health Insurance IPO is 43. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	43	Avoid, however active risk seekers can try

Niva Bupa Health Insurance IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is one of the leading health insurance company in India and has emerged as the fastest growing company. It turned the corner from FY23, but based on its earnings so far, the issue prima-facie appears aggressively priced. However, considering the recent placement of shares internally between Rs. 67.15 and Rs. 85 per share, the IPO appears well priced. Well-informed investors may park funds for medium to long term. Read detail review...

Niva Bupa Health Insurance IPO Peer Comparison

Niva Bupa Health Insurance Company Limited peer comparison with similar listed entities. (As on March 28, 2024)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Niva Bupa Health Insurance Company Limited	0.51	0.5	12.06		5.68
Star Health and Allied Insurance Company Limited	14.48	14.19	108.35	36.97	14.35	5.03	Consolidated
Icici Lombard General Insurance Company Ltd	39.03	38.78	242.75	45.92	17.17	6.96	Consolidated
The New India Assurance Company Ltd	6.77	6.77	132.55	35.23	5.13	1.72	Consolidated

All the financial information for listed industry peers mentioned is on a consolidated basis (unless otherwise available only on standalone basis). It is sourced from the annual reports/ financial results/public disclosures submitted to stock exchanges or on the company's website, as available of the respective company for the year ended March 31, 2024.
New India Assurance Company Limited is strictly not comparable with the Company (This is for information purposes)
Net Worth is defined as share capital plus reserves and surplus less any debit balance in profit and loss account and miscellaneous expenditure.
P/E ratio for listed peers is calculated as closing share price (June 25, 2024, -BSE) / Diluted EPS for the year ended March 31, 2024,
NAV per equity share (?) = Net worth at the end of the year / Total number of equity shares outstanding as of March 31, 2024.

Niva Bupa Health Insurance IPO Review by Members

Niva Bupa Health Insurance IPO Reviews, analysis and views by popular members. Read Niva Bupa Health Insurance Company Limited IPO reviews by retail investors to find recommended ipo to buy.

Post Recommendation Manage Your IPO Reviews

Niva Bupa Health Insurance IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	3	0	0	1
%	75.00	0.00	0.00	25.00

Member	Review
PrahaladSingh Patel	Apply for Long Term at Upper Price Band I did analysis for Niva Bupa Financial Market 1\| November 10, 2024 2:31:30 PM
Mahesh Kumar Maharana	Apply for Long Term at Cut-off Price Technical are good \| November 1, 2024 11:09:05 AM
chIPOrgarh (300+ Posts)	Avoid Expensive valuation. \| November 7, 2024 6:22:10 PM
CatP	Apply for Long Term at Upper Price Band Best in class management team. Claims ratio under check. MNC owned company - always get high multiples across sectors 2\| November 6, 2024 2:58:35 PM

Post Recommendation Manage Recommendations

Note:

The recommendations or analysis of public issues posted above expresses the views of its author and does not represent the views of Chittorgarh.com or its staff.
We reserve the right to remove any objectionable post without providing a reason.

Comments

Add a public comment...