Star Health and Allied Insurance Company Limited

Star Health and Allied Insurance Company Limited

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₹14,400(16 Shares)

Minimum Investment

IPO Dates

Nov 30, 2021 – Dec 2, 2021

Price Band

₹870–900 per equity share

Lot Size

16

Listing

Dec 10, 2021

Listing At

BSE, NSE

Nov 30, 2021Open DateCompleted
Dec 2, 2021Close DateCompleted
TBAAllotment DateUpcoming
Dec 10, 2021Listing DateCompleted

Star Health and Allied Insurance Company Limited Live Subscription Details

All IPOs
Employee0.09x
QIB1.03x
Retail1.09x
NIIs
0.19x

Overall Subscription

Total Bids Received

0.80x

Star Health and Allied Insurance Company Limited IPO Issue Details

Issue Price
₹870-900 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Dec 10, 2021

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)116₹14,400
Retail (Max)13208₹1,87,200
sHNI (Min)14224₹2,01,600
sHNI (Max)691,104₹9,93,600
bHNI (Min)701,120₹10,08,000

Company Information

Star Health and Allied Insurance Company Ltd is one of the largest private health insurers in India with a market share of 15.8% in Fiscal 2021. The company primarily focuses on the retail health mark...

Valuations

RoNW

(23.69)%

Financial Information (₹ in Crores)

MetricFY 21FY 20FY 19
Total Assets4466.571896.761642.63
Total Revenue907.77461.96226.25
Profit After Tax825.58268128.22
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1The IPO aims to utilize the net proceed to augment the company's capital base and insolvency level.

Star Health and Allied Insurance Company Limited – Promoter(s)

Safecrop Investments India LLP
Westbridge AIF I
Rakesh Jhunjhunwala

Contact Details

Star Health and Allied Insurance Company Limited IPO Documents

Frequently Asked Questions — Star Health and Allied Insurance Company Limited IPO

The Star Health and Allied Insurance Company Limited IPO price band is set at ₹870.00 to ₹900.00 per equity share.

The lot size for Star Health and Allied Insurance Company Limited IPO is 16 shares per lot. The minimum investment amount is approximately ₹14,400.

The Star Health and Allied Insurance Company Limited IPO opens on Nov 30, 2021 and closes on Dec 2, 2021.

Star Health and Allied Insurance Company Limited IPO is expected to be listed on Dec 10, 2021 on BSE, NSE.

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