Listed Price₹845.00
Listing Gain-6.11%
Price Band₹870 - ₹900
Lot Size16 shares
Min Bid₹14,400
SubscriptionTracking
Listed Market Snapshot
₹845.00Listed price from market data
-6.11%listing gain
Issue Amount
₹7,249.18 Cr
Listed Price
₹845.00
Current Price
₹580.25
Registrar
Kfin Technologies Limited
Timeline•Bookbuilding IPO
Open30 Nov 2021
Close02 Dec 2021
Allotment07 Dec 2021
Listing10 Dec 2021
Quota Reservation Portions
QIBPortion: 6,02,39,357 shares
84.69%Nii (hni)Portion: 22,67,392 shares
3.19%RetailPortion: 85,06,656 shares
11.96%EmployeePortion: 1,12,592 shares
0.16%Minimum Application Bracket Matrix
Retail1 lots / 16 shares
₹14,400sHNI14 lots / 224 shares
₹2,01,600bHNI70 lots / 1,120 shares
₹10,08,000About the Company
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.
Company Promoters
Safecrop Investments India LLPWestbridge AIF IRakesh Jhunjhunwala
Lead Managers
Ambit Private LimitedAxis Capital LimitedBofa Securities India LimitedCitigroup Global Markets India Private LimitedClsa India Private LimitedCredit Suisse Securities (India) Private LimitedDam Capital Advisors LimitedICICI Securities LimitedIIFL Capital Services LimitedJefferies India Private LimitedKotak Mahindra Capital CompanySBI Capital Markets Limited
Registrar
Kfin Technologies Limited