Star Health IPO Date, Price, Review & GMP

Star Health IPO Statistics on 2nd December 2021:

Category	No. of Shares Offered	No. of Shared bid for	No. of Times Subscribed
Institutional Buyers (QIBs)	2,38,30,602	2,44,93,456	1.03
Non-Institutional Investors	1,19,15,300	21,88,416	0.18
Retail Individual Investors (RIIs)	79,43,533	86,79,696	1.09
Employee Reservation	12,19,512	1,16,720	0.10
Total	4,49,08,947	35,478,288	0.79

Star Health IPO Statistics on 1st December 2021:

Category	No. of Shares Offered	No. of Shared bid for	No. of Times Subscribed
Institutional Buyers (QIBs)	2,38,30,602	15,82,928	0.07
Non-Institutional Investors	1,19,15,300	2,71,424	0.02
Retail Individual Investors (RIIs)	79,43,533	70,32,752	0.89
Employee Reservation	12,19,512	62,720	0.05
Total	4,49,08,947	89,49,824	0.20

Star Health IPO: Star Health and Allied Insurance Company Ltd. have come up with an Initial Public Offering with an issue size of Rs. 7249.18 Crore. The IPO opens on 30th Nov and closes on 2nd December 2021.

IPO Opening Date	30th November 2021
Closing Date	2nd December 2021
Refund Initiation	8th December 2021
Credit of Shares	9th December 2021
Listing Date	10th December 2021
Price Range	870-900
Lot Size	16
Fresh Issue Shares Worth	Rs. 2000 Crore
Offer-for-Sale Shares Worth	Rs. 5249.18 Crore
Total Issue Size	Rs. 7249.18 Crore
Face Value	Rs. 10/-

Star Health Positives

• Largest Insurance Company in the Country with a market share of 15.8%
• Wide Network Distribution System
• Highly Experienced and Board and Management team

Book Building

Institutional Buyers	75%
Non-Institutional Buyers	15%
Retail Investors	10%

Share Holding Pattern after the Issue

Promoters	58.4%
Public	41.6%

Read: How to Apply for an IPO Online