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STARHEALTHEQ / NSE, BSEListed
Star Health & Allied Insurance

Incorporated in 2006, Star Health and Allied Insurance Company Ltd is one of India’s largest private health insurers, holding a market share of 15.8% in FY2021. The company mainly focuses on retail and group health insurance, which together accounted for most of its gross written premium during the year. Policies are largely sold through individual agents, along with corporate agents and bank partners. As of September 2021, Star Health had a wide distribution network of 779 branches across 25 states and 5 union territories, and one of the largest hospital networks in the country with over 11,778 empanelled hospitals.

₹870 - ₹900Open
Listed Price₹845.00
Listing Gain-6.11%

IPO Schedule & Timeline

Bookbuilding IPO
Open30 Nov 2021
Close02 Dec 2021
Allotment07 Dec 2021
Listing10 Dec 2021

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB6,02,39,357 shares
84.69%
Nii (hni)22,67,392 shares
3.19%
Retail85,06,656 shares
11.96%
Employee1,12,592 shares
0.16%

Minimum Application Lots

Retail1 Lot (16 shares)
₹14,400
sHNI14 Lots (224 shares)
₹2,01,600
bHNI70 Lots (1,120 shares)
₹10,08,000

Company Promoters

Safecrop Investments India LLPWestbridge AIF IRakesh Jhunjhunwala

Company Background

Incorporated in 2006, Star Health and Allied Insurance Company Ltd is one of India’s largest private health insurers, holding a market share of 15.8% in FY2021. The company mainly focuses on retail and group health insurance, which together accounted for most of its gross written premium during the year. Policies are largely sold through individual agents, a...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-21)₹-4946.8 Cr
Growth-318.6%
Revenue Trend (₹ in Crores)
-10.4k-5.2k61.95.3k31-Mar-19Mar-20Mar-21Sep-20Sep-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-21- 4,946.80- 3,802.6949,749.420
Sep-203,343.051,992.8721,008.880
Mar-21- 9,077.76- 8,255.8144,665.720
Mar-204,619.612,680.0218,967.690
31-Mar-192,262.541,282.2616,426.350

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
07 Dec 2021
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
10 Dec 2021

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Star Health & Allied Insurance. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization07 Dec 2021Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date10 Dec 2021Trading commences on exchange

How to Check Star Health & Allied Insurance Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Star Health & Allied Insurance from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Star Health & Allied Insurance IPO

Complete issue overview for Star Health & Allied Insurance (STARHEALTH) IPO. The issue features an equity share price band of ₹870 – ₹900 per share with a minimum retail lot size of 16 Shares (minimum application amount of ₹14,400). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions