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Star Health IPO is the third largest IPO in India this year. According to sources, the firm has set aside Rs 100 crore in stock for its staff. The net revenues from the Star Health IPO will be used to increase the company's capital base and save the company from going bankrupt. Star Health and Allied Insurance Company Ltd is based in Chennai, Tamil Nadu and was established in 2006. With a market share of 15.8% in Fiscal 2021, it is one of India's largest private health insurers.
IPO Opening Date
Nov 30, 2021
IPO Closing Date
Dec 2, 2021
Face Value
₹10 per equity share
IPO Price
₹870 to ₹900 per equity share
Market Lot
16 Shares
Min Order Quantity
16 Shares
Listing At
BSE, NSE
Issue Size
[.] Eq Shares of ₹10
(aggregating up to ₹7,249.18 Cr)
Fresh Issue
[.] Eq Shares of ₹10
(aggregating up to ₹2,000.00 Cr)
Offer for Sale
58,324,225 Eq Shares of ₹10
(aggregating up to ₹5,249.18 Cr)
Employee Discount
80
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Tags:
IPO, GStar Health and Allied Insurance Company IPO, recent ipo, Star Health, and Allied Insurance IPO, Star Health and Allied Insurance Company IPO launch, Star Health IPO launch, Star Health and Allied Insurance ipo opening, Star Health share price, November IPO, December IPO
Complaint Board Data for the month ending: March 2024
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