Niva Bupa Health Insurance Company started trading on the BSE at Rs 78.50, marking a 6.08% rise, or 4.5 points, above its issue price of Rs 74. The stock is now trading at Rs 76.52, showing a gain of 3.41% or 2.52 points from its initial price. 

The share has reached an intraday high of Rs 80.94 and a low of Rs 75.08, with a trading volume of approximately 17.28 lakh shares so far. 

The IPO, which was open from November 7 to November 11, 2024, saw a subscription rate of 1.80 times. Priced at Rs 74 per share, the issue was set at the higher end of its price band of Rs 70-74. 

Niva Bupa Health Insurance operates as a standalone health insurer, with a primary focus on the retail health sector.