To visit the old Ventura website, click here.
Ventura Wealth Clients Login here
Refer and earnSupport
logosearch
Create Account
hamburger
home
breadcrumbStocks
breadcrumbNiva Bupa Health Insurance Company Ltd Share Price
breadcrumbValuation

Niva Bupa Health Insurance Company Ltd Fundamentals

info2
Compare peers arrow

Market Cap

16,162.90 Cr.

Face value

10.00

Book value

16.67

Div. yield

0.000

P/E ratio

114.71

P/B ratio

0.00

Debt/Eq.

-

Market Cap

16,162.90 Cr.

Face value

10.00

Book value

16.67

Div. yield

0.00%

P/E ratio

114.71

P/B ratio

0.00

Debt/Eq.

-
About Niva Bupa Health Insurance Company Ltd
arrow

Niva Bupa Health Insurance Limited was originally incorporated as ‘Max Bupa Health Insurance Limited’ at New Delhi as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated September 5, 2008, issued b Read more ▾

IndustryInsurance
SectorInsurance
Top subsidiaries-
MANAGEMENT
right
Non Executive DirectorDavid Martin Fletcher
Managing DirectorRamachandran Krishnan
Non Executive DirectorPenelope Ruth Dudley
Managing Director & Chief Executive OfficerKrishnan Ramachandran
Non Executive DirectorDivya Sehgal
left
Non Executive DirectorDavid Martin Fletcher
Managing DirectorRamachandran Krishnan
Non Executive DirectorPenelope Ruth Dudley
Managing Director & Chief Executive OfficerKrishnan Ramachandran
Non Executive DirectorDivya Sehgal
Non Executive Independent DirectorDinesh Kumar Mittal
Non Executive DirectorManinder Singh Juneja
Non Executive DirectorDavid Martin Fletcher
ChairmanChandrashekhar Bhaskar Bhave
Non Executive DirectorPenelope Ruth Dudley
Nominee DirectorDivya Sehgal
Non Executive Independent DirectorPradeep Pant
Non Executive DirectorRajagopalan Santhanam
Company SecretaryRajat Sharma
Nominee DirectorRajagopalan Santhanam
Non Executive DirectorDinesh Kumar Mittal
Non Executive DirectorChandrashekhar Bhaskar Bhave
Company SecretaryRajat Sharma
Non Executive DirectorPradeep Pant
Nominee DirectorManinder Singh Juneja
ChairmanChandrashekhar Bhaskar Bhave
Company SecretaryRajat Sharma
ChairmanChandrashekhar Bhaskar Bhave
Non Executive Independent DirectorSridhar Srinivasan
Non Executive Independent DirectorMohit Gupta
Non Independent & Non Executive DirectorCarlos Antonio Jaureguizar Ruiz Jarabo
Non Executive Independent DirectorGeeta Dutta Goel
Whole Time Director & Chief Financial OfficerVishwanath
Whole Time DirectorAnkur Kharbanda
Independent DirectorMohit Gupta
Non Independent & Non Executive DirectorDavid Martin Fletcher
Managing Director & Chief Executive OfficerRamachandran Krishnan
Non Independent & Non Executive DirectorPenelope Ruth Dudley
Nominee Director of Bupa Singapore Holdings Pte. LtdCarlos Antonio Jaureguizar Ruiz Jarabo
Company Secretary & Compliance OfficerRajat Sharma
Nominee Director of Bupa Singapore Holdings Pte. LtdPenelope Ruth Dudley
Nominee Director of Fettle Tone LLPManinder Singh Juneja
Nominee Director of Bupa Singapore Holdings Pte. LtdDavid Martin Fletcher
Non Executive Independent DirectorGeeta Dutta Goel
Non Executive Independent DirectorDinesh Kumar Mittal
Managing Director & Chief Executive OfficerKrishnan Ramachandran
Other detail of Niva Bupa Health Insurance Company Ltd
arrow
location
AddressC-98, First Floor Lajpat Nagar Part 1, South Delhi ,New Delhi ,Delhi-110024.
phone
Telephone0124-6354900
email
globe
MORE DETAILS
NSE Code27097
NSE SymbolNIVABUPA
SeriesEQ
ISININE995S01015
Niva Bupa Health Insurance Limited was originally incorporated as ‘Max Bupa Health Insurance Limited’ at New Delhi as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated September 5, 2008, issued by the Assistant Registrar of Companies, National Capital Territory of Delhi and Haryana and was granted its certificate for commencement of business on December 23, 2008 by the Deputy Registrar of Companies, National Capital Territory of Delhi and Haryana. Thereafter, the name of the company was changed to ‘Max Bupa Health Insurance Company Limited’, upon a request by the IRDAI, pursuant to a fresh certificate of incorporation dated July 30, 2009 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. The company was required to discontinue using the ‘Max’ brand in its name, pursuant to Max India Limited ceasing to hold Equity Shares in the company. Hence, the name of the company was changed to ‘Niva Bupa Health Insurance Company Limited’ pursuant to a fresh certificate of incorporation dated July 5, 2021 issued by the Registrar of Companies - Delhi.Further, the company was granted its first certificate to carry out the business of general insurance by a certificate dated February 15, 2010 given by the IRDAI which was renewed on an annual basis under Section 3A of the Insurance Act. Pursuant to an amendment to Section 3A of the Insurance Act with effect from December 26, 2014, the process of annual renewal of certificate of registration was discontinued. Accordingly, the certificate of renewal of registration as issued to the company on February 25, 2014 continues to be in effect.The company is a standalone health insurer (SAHI) strategically focused on the retail health market. The company is one of India’s largest and fastest growing SAHIs. It also offers personal accident and travel insurance products to its customers. Its purpose is to ‘give every Indian the confidence to access the best healthcare’. It aims to achieve this purpose through its health insurance products and services that enable customers to navigate their healthcare journey, by providing them access to a holistic health ecosystem.Responding to the evolving needs of its customers years of operations, it has built a track record of product innovation catering to a range of customer groups. It offers its customers the ability to access a comprehensive health ecosystem and service capabilities via its ‘Niva Bupa Health’ mobile application and website, thereby offering them a holistic proposition. This application provides its customers access to a range of healthcare solutions including diagnostics, digital consultation, annual health check-ups and health education content. Customers can also undertake claims submission, policy servicing and track health parameters through this application. Through its diverse and evolving product suite and its ‘Niva Bupa Health’ mobile application and website, it aims to provide its customers access to a range of healthcare and disease management solutions. Business area of the companyThe company is a standalone health insurer (SAHI) strategically focused on the retail health market. It also offers personal accident and travel insurance products to its customers. Products of the companyReAssure 2.0AspireSmart Health +Travel AssureSenior FirstHealth RechargeHealth Premia (Platinum)Awards and accreditations2022: Recognised as a ‘Swift Prompt Insurer’ at the Economic Times Insurance Summit Awards.2022: Awarded ‘Product Innovator of The Year - Health Insurance’ at the 3rd Annual BFSI Technology Excellence by Quantic India.2022: Recognised as one of the Best BFSI Brands of 2022 by Economic Times.2022: Certified as a ‘Great Place to Work’ for the period January 2021 to January 2022, and recognized amongst the ‘Best Workplaces in BFSI’ in India in January, 2022.2023: Recognised as a ‘Swift Prompt Insurer’ in the Health Insurance category at the Times Insurance Summit Awards.2023: Declared winners under the ‘Highest Growth - SAHI’ and ‘Overall Achievement-SAHI’ categories at ASSOCHAM 15th Global Insurance Summit Awards.2023: Awarded the ‘CX Strategy of the Year’ at the 14th edition of the CX Strategy Summit Awards 2023.2023: Received the ‘Golden Peacock Award for ESG’.2023: Recognised as one of the Best BFSI Brands of 2023 by Economic Times.2023: Certified as a ‘Great Place to Work’ for the period January 2022 to January 2023, and recognized amongst the ‘Top 50 India’s Best Workplaces in BFSI’ in 2023.2024: Recognised as one the Best BFSI Brands by Economic Times.2024: Awarded ‘Best Use of Technology to Enhance Contact Centre Operations in Health Insurance’ at the 3rd Annual Excellence Awards hosted by Quantic.2024: Awarded ‘Fraud Prevention Insurance Company of the Year’ at the India Insurance Summit and Awards 2024.2024: Recognised as the ‘Gold Winner’ for ‘Healthcare Insurance Company of the Year’ at the 14th India Digital Awards hosted by the Internet And Mobile Association of India.2024: Awarded ‘Best Claims Settlement’ and ‘Best Health Insurance Company of the Year’ at the InsureNext Conference Awards.2024: Awarded ‘Best Health Insurer’ among standalone health insurance companies at the Mint BFSI Awards.2024: Certified as a ‘Great Place to Work’ for the period January 2023 to January 2024, and recognized amongst the ‘Top 25 India’s Best Workplaces in BFSI’ in 2024.History and milestones2008: The company was incorporated in September 2008 as a joint venture between Max India Limited and Bupa Singapore Holdings Pte. Ltd.2010: The company was granted registration certificate by the IRDAI to carry general insurance business in February, 2010.2016: Bupa Singapore Holdings Pte. Ltd. increased its shareholding in the company from 26% to 49% following relaxation in FDI norms, in July 2016.2019: Fettle Tone LLP became a shareholder in the company pursuant to the acquisition of Equity Shares of the company from Max India Limited and Bupa Singapore Pte. Ltd.2021: Pursuant to the acquisition of the Equity Shares of the company by Fettle Tone LLP from Max India Limited, the company changed its name from ‘Max Bupa Health Insurance Company Limited’ to ‘Niva Bupa Health Insurance Company Limited’ in July 20212021: The company raised Rs 1,500 million of subordinated debt by issuing non-convertible debentures.2022: The company raised Rs 1,000 million of subordinated debt by issuing non-convertible debentures.2023: The company raised Rs 8,000 million through preferential allotment of its Equity Shares to Paragon Partners Growth Fund II, V-Sciences Investments Pte Ltd, India Business Excellence Fund IV, and SBI Life Insurance Company Limited in December 2023.2024: The company became a subsidiary of Bupa Singapore Holdings Pte. Ltd. upon its acquisition of 366,381,439 Equity Shares of the company from Fettle Tone LLP
personal

Grow your wealth with more research recommendations

+91