Home Business Star Health Insurance IPO Date, Price, Listing, Valuation, GMP, DRHP, Size, Allotment,...

Star Health Insurance IPO Date, Price, Listing, Valuation, GMP, DRHP, Size, Allotment, & More.

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

At present, now we have received an IPO overview and replace named Star Well being Insurance coverage IPO. Mr Rakesh JhunJhunwala, the chairman of the company is planning to boost the corporate capital by releasing its shares for gross sales to the general public via the medium of Preliminary Public Providing. They’ve already introduced that on what date they are going to problem their shares. In line with the supply, they will problem their shares on November 30, 2021. Now, we’re going to let you know that what number of fairness shares they are going to supply for gross sales.

And the way a lot now we have to pay for every share. As per the studies, Star Well being Insurance coverage goes to boost ₹7249 crores IPO that contains recent fairness of ₹2000 and supply on the market as much as 58.324,225 fairness shares of ₹10 every. The retail quota is 10% with QIB 75% and HNI 15%.

Star Well being Insurance coverage IPO & Firm Particulars

Let’s take a look on the firm background. Star Well being Insurance coverage company is a single medical health insurance supplier licensed by IRDA. Since 2006 they’ve been operating their company as India’s Standalone Well being Insurance coverage supplier.

They’ve broad Insurance coverage companies associated to Well being, Private Accident and Abroad Journey Insurance coverage and so on. Beneath the Insurance coverage company, they facilitate numerous channels, brokers, brokers, and on-line platforms.

At Current they’ve been counted on Indias largest hospital community throughout India with 11000 hospitals.

Star Well being Insurance coverage IPO Date & Value Band

IPO Opening Date Nov 30, 2021
IPO Closing Date Dec 2, 2021
Concern Sort E book Constructed Concern IPO
Face Worth ₹10 per fairness share
IPO Value ₹870 to ₹900 per fairness share
Market Lot 16 Shares
Min Order Amount 16 Shares
Itemizing At BSE, NSE
Concern Dimension [.] Eq Shares of ₹10
(aggregating as much as ₹7,249.18 Cr)
Recent Concern [.] Eq Shares of ₹10
(aggregating as much as ₹2,000.00 Cr)
Provide for Sale 58,324,225 Eq Shares of ₹10
(aggregating as much as ₹5,249.18 Cr)
Worker Low cost 80

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

The Star Well being Insurance coverage IPO opening date is Nov 30, 2021, and the cut-off date is Dec 2, 2021. The difficulty might listing on Dec 10, 2021.

IPO Open Date Nov 30, 2021
IPO Shut Date Dec 2, 2021
Foundation of Allotment Date Dec 7, 2021
Initiation of Refunds Dec 8, 2021
Credit score of Shares to Demat Account Dec 9, 2021
IPO Itemizing Date Dec 10, 2021

Star Well being Insurance coverage IPO Lot Dimension

The Star Well being IPO market lot dimension is 16 shares. A retail-individual investor can apply for as much as 13 tons (208 shares or ₹187,200).

Utility Tons Shares Quantity (Minimize-off)
Minimal 1 16 ₹14,400
Most 13 208 ₹187,200

Star Well being Insurance coverage Firm Monetary Report

₹ In crores
Income Expense PAT
2019 ₹226 ₹44 ₹128
2020 ₹462 ₹49 ₹268
2021 -₹908 ₹138 -₹826

After getting all info concerning Star Well being Insurance coverage IPO date, Value, and quota profit. For the previous report firm has been struggling for 18 months because the pandemic. That’s why they’ve been getting detrimental critiques about firm ideas and procedures. And clearly, they’re charging a heavy value on their shares. The traders could be if they provide a ten % quota for the retail traders. Because of which it could be dangerous to speculate or purchase within the firm. For the most recent updates and critiques of firms, IPO retains following us on News235.

LEAVE A REPLY

Please enter your comment!
Please enter your name here