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Niva Bupa raises Rs 990 crore from anchor investors ahead of IPO
Niva Bupa Health Insurance Company secured Rs 990 crore from anchor investors, a day before its IPO launch. The IPO, open from November 7-11, aims to raise Rs 2,200 crore with a price band of Rs 70-74 per share. The company plans to utilize the funds to strengthen its capital base and for general corporate purposes.
