Star Health IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 30 Nov 2021 - 2 Dec 2021
Issue Size ₹7249.18 Cr
Issue Price ₹870-900
Market Lot 16 Shares
Shares on Offer 58,324,225
Registrar KFintech
GMP ₹38-40
Kostak N/A
Subject to Sauda N/A
Listing Date 10 Dec 2021
Listing Price N/A
Listing Gain% N/A

About Star Health and Allied Insurance Company Limited

Commencing operations in 2006 as India’s first Standalone Health Insurance provider, Star Health and Allied Insurance Co Ltd is providing sterling services in Health, Personal Accident and Overseas Travel Insurance etc. Our efforts have always been on service excellence and product innovation with a focus on delivering the best to our customers.

Star Health has excellent products to cater everybody, be it individuals, families or corporates. We work directly as well as through various channels like agents, brokers, online etc., Star Health is also prominently into Bancassurance having long standing relationship with various Banks.

Star Health has underwritten a gross written premium of Rs.6865 Cr during the FY 2019-20 and has built up a promising path with an appreciable net worth of Rs.1889 Cr, as on 31st March 2020.

Currently Star Health has 12800+ employees and 640+ branch offices all over India.

Company Promoters

Safecrop Investments India LLP, Westbridge AIF I and Rakesh Jhunjhunwala are the company promoters.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 44,665.72 18,967.69 16,426.35
Total Revenue (In ₹ Millions) 9,077.76 4,619.61 2,262.54
Profit After Tax (PAT) (In ₹ Millions) 8,255.81 2,680.02 1,282.26

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
26 Nov 2021 ₹38-40 N/A N/A

Strengths & Weaknesses

Strength
Weakness

Star Health and Allied Insurance Company Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 30 Nov 2021
Day 2 - 01 Dec 2021
Day 3 - 02 Dec 2021

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Star Health and Allied Insurance Company Limited IPO FAQs

  1. When will Star Health and Allied Insurance Company Limited IPO open?

    Star Health and Allied Insurance Company Limited IPO will open on 30 Nov 2021 and close on 2 Dec 2021.

  2. What is the listing date of Star Health and Allied Insurance Company Limited IPO?

    Star Health and Allied Insurance Company Limited IPO will list on 10 Dec 2021.

  3. What is the offer price of Star Health and Allied Insurance Company Limited IPO?

    The offer price of Star Health and Allied Insurance Company Limited IPO is ₹870-900.

  4. What is the lot size of Star Health and Allied Insurance Company Limited IPO?

    The lot size of Star Health and Allied Insurance Company Limited IPO is 16.

  5. What is the Grey Market Premium (GMP) price of Star Health and Allied Insurance Company Limited IPO?

    The Grey Market Premium (GMP) price of Star Health and Allied Insurance Company Limited IPO is ₹38-40.

  6. What is the Kostak price of Star Health and Allied Insurance Company Limited IPO?

    The Kostak price of Star Health and Allied Insurance Company Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Star Health and Allied Insurance Company Limited IPO?

    The Subject to Sauda price for Star Health and Allied Insurance Company Limited IPO is Not Available at the moment.

Star Health and Allied Insurance Company Limited IPO Review/Comments

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