Star Health Insurance IPO Date, Review, Price Band, Form & Market Lot Details
Written by Lucky Wilson | KGTO Writer 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
- ICICI Securities: –
- Axis Financial institution: –
- JM Monetary: –
- Kotak Securities: –
- Angel Broking: –
- Arihant Capital Market: –
- HDFC Securities: –
- Capital Market: –
- 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
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.
How to Apply the Star Health Insurance IPO through Zerodha?
Easy methods to Apply the Star Well being Insurance coverage IPO by way of 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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