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Star Health and Allied Insurance Company IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 7249.18 Cr. The company is based in Chennai and caters to Insurance sector. Ambit , Axis Capital , Bofa Securities India , Citigroup Global Markets India , Dam Capital Advisors (Formerly Idfc Securities ) , ICICI Securities , IIFL Securities , Jefferies India , Kotak Mahindra Capital Company , SBI Capital Markets are the merchant bankers of Star Health and Allied Insurance Company IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st July 2021.
Star Health and Allied Insurance Company IPO open date is 30th November 2021 and close date is 2nd December 2021. IPO Allotment Date is 7th December 2021 and Listing date is 10th December 2021.
IPO
Size:
₹ 7249.18 Cr.
Avg IPO Size (Sector Based)
: ₹
7,624.77 cr.
Sector: Insurance
IPO so far:
11
Merchant Banker:
Ambit Private
IPO by BRLM so far:
16
City:
Chennai
IPO so far:
37
Revenue (annualised):
₹
-989.36
cr. 
PE
Ratio:
0.00x
Average Sector PE Ratio: 5.48x
Star Health and Allied Insurance Company IPO size is ₹ 7249.18 Cr. with IPO price of ₹ 900.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Ambit Private Limited is the book-running lead manager of the Star Health and Allied Insurance Company IPO. Kfin Technologies Limited is the Registrar for Star Health and Allied Insurance Company IPO.
Star Health and Allied Insurance Company IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Star Health and Allied Insurance Company IPO, based in Chennai, operates in the Insurance sector with a focus on health insurance companies. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Star Health and Allied Insurance Company IPO size is ₹ 7249.18 Cr. with fresh issue size of ₹ 7,249 and Offer for sale being ₹ Nil
The IPO allotment date for Star Health and Allied Insurance Company IPO is expected to be 7th December 2021, after the finalization of basis of allotment. Investors can check Star Health and Allied Insurance Company IPO allotment status on the registrars website, Kfin Technologies Limited . Star Health and Allied Insurance Company IPO refund dates are 8th December 2021.
Star Health and Allied Insurance Company IPO is expected to be listed on 10th December 2021.
The upper price band for the Star Health and Allied Insurance Company IPO is set at ₹ 900.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Star Health and Allied Insurance Company IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Star Health and Allied Insurance Company IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 2nd December 2021. After submission, funds are blocked until the basis of allotment of Star Health and Allied Insurance Company IPO is finalised.
The merchant banker for Star Health and Allied Insurance Company IPO is Ambit Private Limited , Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited , IIFL Securities Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited . Ambit Private Limited , Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited , IIFL Securities Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Star Health and Allied Insurance Company IPO RHP for further details.
The registrar for Star Health and Allied Insurance Company IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Star Health and Allied Insurance Company IPO through their official website or helpline.
Star Health and Allied Insurance Company IPO was subscribed 0.79 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 7,249.18 Cr.
Avg IPO Size (Sector Based)
:
₹ 7,624.77 Cr.
Sector: Insurance
IPO so far:
11
Merchant Banker:
Ambit Private
IPO by BRLM so far:
16
City:
Chennai
IPO so far:
37
Revenue (annualised):
₹ -989.36 cr.
PE
Ratio:
0.00x
Average Sector PE Ratio: 5.48x
Star Health and Allied Insurance Company IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Star Health and Allied Insurance Company Financial Review Page
Merchant Banker(s) of Star Health and Allied Insurance Company IPO: Ambit Private Limited , Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited , IIFL Securities Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited
Star Health and Allied Insurance Company IPO subscription was 0.79 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Star Health and Allied Insurance Company IPO listed at a listing price of 906.85 against the offer price of 900.00.
The current market price of Star Health and Allied Insurance Company is 433.40.
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