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Star Health Insurance IPO Date, Review, Price Band, Form & Market Lot Details

Written by on October 18, 2021

Rakesh Jhunjhunwala backed Star Well being Insurance coverage IPO date will not be mounted but however we might count on the Star Well being Insurance coverage IPO to hit the market in 2021 as the corporate received SEBI’s go forward for an IPO. Star Well being Insurance coverage IPO to lift ₹- crores by way of IPO that includes contemporary problem of ₹2000 crore and provide on the market up-to 60,104,677 fairness shares of ₹10 every. The retail quota is 10% with QIB 75% and HNI 15%.

Star Well being & Allied Ins Co Ltd aka Star Well being Insurance coverage is stand-alone well being insurer supplier licensed by IRDA. The corporate began their operations in 2006 as India’s first Standalone Well being Insurance coverage supplier. The present providers in Well being, Private Accident and Abroad Journey Insurance coverage and so on. They cater to the people, households and corporates as properly working instantly with numerous channels, brokers, brokers and on-line platforms. The corporate has over 12800 staff and over 640 branches in India. Take a look at Star Well being Insurance coverage IPO particulars.

Necessary Particulars:

  • The corporate is backed by Rakesh Jhunjhunwala.
  • Star Well being reported big loss in 2021 resulting from Covid-19.

Star Well being Insurance coverage IPO Evaluate

Brokerage Agency IPO Evaluations

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  • Angel Broking: –
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  • Hem Securities: –
  • IIFL Securities: –
  • KR Choksey: –
  • Marwadi Shares and Finance: –
  • Reliance Securities: –
  • Religare Broking: –
  • Ventura Capital: –

Star Well being Insurance coverage IPO Date & Worth Band (Tentative)

 IPO Open:  2021
 IPO Shut:  2021
 IPO Dimension:  Approx ₹- Crores
 Contemporary Subject:  Approx ₹2000 Crores
 Supply for Sale:  Approx 60,104,677 Fairness Shares
 Face Worth:  ₹10 Per Fairness Share
 Worth Band:  ₹- to ₹- Per Share
 Itemizing on:  BSE & NSE
 Retail Quota:  10%
 QIB Quota:  75%
 NII Quota:  15%
 DRHP Draft Prospectus:  Click Here
 RHP Draft Prospectus:  Click on Right here

Star Well being Insurance coverage IPO Market Lot

The Star Well being Insurance coverage IPO minimal market lot is – shares with ₹- software quantity. The retail buyers can apply up-to – heaps, – shares with ₹- software quantity.

 Minimal Lot Dimension:  Minimal – Shares for 1 lot
 Minimal Quantity:  ₹- for 1 lot
 Most Lot Dimension:  Most – Shares for – lot
 Most Quantity:  ₹- for – lot

Star Well being Insurance coverage IPO Date, Time Desk, Allotment & Itemizing

The Star Well being Insurance coverage IPO date is 2021 and the IPO shut date is 2021. The allotment date is 2021 and the IPO could listing on 2021.

 Worth Band Announcement:  2021
 Anchor Buyers Allotment:  2021
 IPO Open Date:  2021
 IPO Shut Date:  2021
 Foundation of Allotment:  2021
 Refunds:  2021
 Credit score to Demat Account:  2021
 IPO Itemizing Date:  2021

Star Well being Insurance coverage IPO Type

Easy methods to apply the Star Well being Insurance coverage IPO? You may apply Star Well being Insurance coverage IPO by way of ASBA obtainable in your checking account. Simply go to the web financial institution login and apply by way of your checking account by deciding on the Star Well being Insurance coverage IPO within the Make investments part. The opposite choice you possibly can apply Star Well being Insurance coverage IPO by way of IPO types obtain by way of NSE and BSE. Take a look at the Star Well being Insurance coverage types – click on NSE Forms & BSE Forms clean IPO types obtain, fill and submit in your financial institution or along with your dealer.

Star Well being Insurance coverage Firm Monetary Report

  ₹ in Crores
Property Income Expense PAT
2019 ₹- ₹226 ₹44 ₹128
2020 ₹- ₹462 ₹49 ₹268
2021 ₹- ₹- ₹138 -₹826

Firm Promoters

  • SAFECROP INVESTMENTS INDIA LLP
  • WESTBRIDGE AIF I
  • RAKESH JHUNJHUNWALA

Star Well being Insurance coverage IPO Registrar

KFin Applied sciences Personal Restricted
Selenium, Tower, B,
Plot No – 31 and 32 Monetary District,
Nanakramguda, Serilingampally,
Hyderabad, Rangareedi 500 032, Telangana, India
Tel:+91 40 6716 2222/ 180034 54001
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Web site: www.kfintech.com
Contact Particular person: M Murali Krishna
SEBI Registration No.: INR000000221

Notice: Examine Star Well being Insurance coverage IPO allotment standing on KFintech web site allotment URL. Click Here

Star Well being Insurance coverage IPO Lead Managers

  • Kotak Mahindra Capital Firm Restricted
  • Axis Capital Restricted
  • BofA Securities India Restricted
  • Citigroup  International  Markets  India  Personal Restricted
  • ICICI Securities Restricted 
  • CLSA India Personal Restricted
  • Credit score Suisse Securities (India) Personal Restricted
  • Jefferies India Personal Restricted
  • Ambit Personal Restricted
  • DAM Capital Advisors Restricted
  • IIFL Securities Restricted 
  • SBI Capital Markets Restricted

Firm Deal with

Star Well being and Allied Insurance coverage Co Ltd
Registered Workplace:
No 1, New Tank Avenue,
Valluvarkottam Excessive Highway,
Nungambakkam, Chennai 600034
Ph: 044-28288800
Fax: 044-28260062
E mail: [email protected]
Web site: www.starhealth.in

Star Health Insurance IPO FAQs

What is Star Health Insurance IPO?

Star Health Insurance IPO is a main-board IPO. They are going to raise ₹- Crores via IPO. The issue is priced at ₹- to ₹- per equity share. The IPO to be listed on BSE & NSE.

When Star Health Insurance IPO will open?

The IPO is to open on 2021 for QIB, NII, and Retail Investors.

What is Star Health Insurance IPO Investors Portion?

The investors’ portion for QIB 75%, NII 15%, and Retail 10%.

How to Apply the Star Health Insurance IPO?

You can apply Star Health Insurance IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

Easy methods to Apply the Star Well being Insurance coverage IPO by way of Upstox?

Log in to Upstox Utility along with your credentials. Choose the IPO. You will note the IPO Identify “Star Well being Insurance coverage Finance”. Click on on Bid Button. Affirm your software. Now go to your UPI App on Internet Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

What’s Star Well being Insurance coverage IPO Dimension?

Star Well being Insurance coverage IPO measurement is ₹- crores. The IPO includes ₹2000 crore of contemporary problem and provide on the market of 60,104,677 fairness shares.

What’s Star Well being Insurance coverage IPO Worth Band?

Star Well being Insurance coverage IPO Worth Band is ₹- to ₹- per fairness share.

What’s Star Well being Insurance coverage IPO Minimal and Most Lot Dimension?

The minimal bid is – shares with ₹- quantity whereas most bid is – shares with ₹-.

What’s Star Well being Insurance coverage IPO Allotment Date?

Star Well being Insurance coverage IPO allotment date is 2021.

What’s Star Well being Insurance coverage IPO Itemizing Date?

Star Well being Insurance coverage IPO itemizing date is 2021. The IPO to listing on BSE and NSE.

Notice: The Star Well being Insurance coverage IPO particulars will not be introduced formally. The IPO gray market premium (Star Well being Insurance coverage IPO Premium) is up to date on the respective web page. You may test our IPO gray market web page for every day updates.)

– Supply : IPOWATCH



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