| 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 | ₹8-10 |
| Kostak | N/A |
| Subject to Sauda | N/A |
| Listing Date | 10 Dec 2021 |
| Listing Price | ₹848.80 |
| Listing Gain% | -6.00 |
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.
Safecrop Investments India LLP, Westbridge AIF I and Rakesh Jhunjhunwala are the company promoters.
| 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 |
| Date | GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 02 Dec 2021 | ₹8-10 | N/A | N/A |
| 26 Nov 2021 | ₹38-40 | N/A | N/A |
| Strength |
|---|
| Weakness |
|---|
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 30 Nov 2021 | 0.00 | 0.01 | 0.64 | 0.12 |
| Day 2 - 01 Dec 2021 | 0.07 | 0.02 | 0.89 | 0.20 |
| Day 3 - 02 Dec 2021 | 1.03 | 0.19 | 1.10 | 0.79 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusStar Health and Allied Insurance Company Limited IPO will open on 30 Nov 2021 and close on 2 Dec 2021.
Star Health and Allied Insurance Company Limited IPO will list on 10 Dec 2021.
The offer price of Star Health and Allied Insurance Company Limited IPO is ₹870-900.
The lot size of Star Health and Allied Insurance Company Limited IPO is 16.
The Grey Market Premium (GMP) price of Star Health and Allied Insurance Company Limited IPO is ₹8-10.
The Kostak price of Star Health and Allied Insurance Company Limited IPO is Not Available at the moment.
The Subject to Sauda price for Star Health and Allied Insurance Company Limited IPO is Not Available at the moment.
Please Leave Your Message
Star Health and Allied Insurance Company Limited IPO Review/Comments