There are going to be two big investment opportunities in the IPO market next week. Swiggy's IPO will open for subscription on November 6 and Niva Bupa Health Insurance's IPO will open on November 7. More than Rs 13 thousand crore will be raised from the market through both the issues. Out of this, Swiggy alone will raise more than Rs 11 thousand crore. Read the special things related to the issue

Swiggy

IPO will open for subscription on November 6, while money can be invested in the issue till November 8. The price band for the issue has been fixed at 371 to 390. Retail investors can apply for at least 38 shares through the issue i.e. Rs 14820. It can be listed in the stock market on November 13. The company will issue new shares worth Rs 4499 crore. The company is giving a discount of Rs 25 per share to its employees. The company is going to raise Rs 2200 crore from the market through Niva Bupa Health Insurance IPO. New shares worth Rs 800 crore will be issued in the issue, while in the offer for sale, the promoters are offering shares worth Rs 1400 crore. The issue will open for subscription from Thursday, November 7 and investors can invest in the issue till November 11. At present, the price band of the issue has not been decided. It will be announced on Monday. After the issue closes, the allotment will be decided on November 12. At the same time, shares will be allotted to the accounts of the shareholders who get the shares on November 13. The stock is expected to be listed on November 14. The profit of the insurance company has increased manifold on a year-on-year basis. In the financial year 2024, the company's profit was Rs 81.85 crore, which was Rs 12.5 crore a year ago. However, the operating profit has come down from Rs 350.9 crore to Rs 188 crore during this period. In the June quarter, the company has recorded a loss of Rs 18.8 crore. In the same quarter a year ago, the company's loss was Rs 72 crore.