Star Health And Allied Insurance Co. Ltd.

Star Health Insurance IPO Review

Star Health and Allied Insurance Co. Ltd. is the country’s first independent protection supplier. The organization expands wellbeing, abroad travel and individual mishap protection strategies.

This protection supplier has been proactively obliging protection strategy prerequisites of families, people and corporates since 2006. Star Health Insurance has a longstanding relationship with numerous banks across India. It works straightforwardly and furthermore through a very much associated organization of outsider specialists and online channels.

Subscription Dates30 November – 2 December 2021
Price BandINR870 – 900 per share
Fresh issueINR2,000 crore
Offer For Sale60,104,677 shares (INR5,229.11 – 5,409.42 crore)
Total IPO sizeINR7,229.11 – 7,409.42 crore
Minimum bid (lot size)16 shares
Face Value INR10 per share
Retail Allocation10%
Listing OnNSE, BSE
 FY2019FY2020FY2021H1 FY2022
Premium received6,410.17,979.111,121.56,009.1
Operating income226.3462.0(907.8)(494.7)
Net income128.2268.0(825.6)(380.3)
Margin (%)2.03.4(7.4)(6.3)

Earnings Per Share (EPS): (INR16.54)
Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): (23.69%)
Net Asset Value (NAV): INR63.58 per share

DateStar Health IPO GMPKostakSubject to Sauda
9 Dec 2021-INR60 (discount)
8 Dec 2021-INR60 (discount)
7 Dec 2021-INR80 (discount)
6 Dec 2021-INR50 (discount)

Listing Performance of Star Health Insurance IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain/Loss(%)

Star Health Insurance IPoDec 10, 2021 906.85 

NSE : NA

BSE : NA

ISIN CODE : NA

Angel One – Subscribe for long term
Ashika Research – Subscribe
BP Wealth – Avoid
Canara Bank Securities – Avoid
Choice Broking – Subscribe with caution
Elite Wealth – Subscribe
GEPL Capital – Subscribe
Hem Securities – Long term subscribe
ICICIdirect – Not rated
KR Choksey – Subscribe
Marwadi Financial Services – Avoid
Nirmal Bang – Subscribe for long term
Religare Broking – Unrated
Samco Securities – Subscribe for long term
SMC Global – 2/5
Ventura Securities – Subscribe

IPO Opening Date: 30 November 2021
IPO Closing Date: 2 December 2021
Finalisation of Basis of Allotment: Coming soon
Initiation of refunds: Coming soon
Transfer of shares to demat accounts: Coming soon
Listing Date: Coming soon
Opening Price on NSE: Coming soon
Closing Price on NSE: Coming soon

Kfin Technologies Private Limited
Selenium, Tower B,
Plot No- 31 and 32, Gachibowli, Financial District
Nanakramguda, Serilingampally
Hyderabad 500 032
Telangana, India
Phone : +91 40 6716 2222/ 1800 309 4001
E-mail: starhealth.ipo@kfintech.com
Website: www.kfintech.com

Star Health and Allied Insurance Company Limited
No.1,New Tank Street
Valluvarkottam High Road
Nungambakkam, Chennai
Tamil Nadu 600 034 India
Phone: +91 44 2828 8800
Website: www.starhealth.in
E-mail: investors@starhealth.in

CategoryShares OfferedDay 1Day 2Day 3
QIB2,38,30,6020.000.071.03
NII1,19,15,3000.010.020.18
Retail79,43,5330.640.891.09
Employees12,19,5120.030.050.10
Total4,49,08,9470.120.200.79

Star Health Insurance IPO O FAQ's

Star Health Insurance IPO  is a main-board IPO of [.] to [.] equity shares of the face value of ₹10 aggregating up to ₹0.04 Crores. The issue is priced at ₹[.] to ₹[.] per equity share. The minimum order quantity is [.] Shares.The initial public offering (IPO) date Updated Soon. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.

The Star Health Insurance IPO  opening and closing date will be updated soon.

Star Health Insurance IPO lot size is [.]Shares and the minimum order quantity is [.] Shares.

Star Health Insurance IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

The Basis of Allotment for Star Health Insurance IPO will be done on [.], and the allotted shares will be credited to your demat account by [.] 2021. Check the Star Health Insurance IPO allotment status.

The Star Health Insurance IPO listing date is Updated Soon.

Star Health Insurance IPO Comments