Star Health and Allied Insurance Company Limited IPO
Star Health and Allied Insurance Company Limited was a mainboard IPO in the General Insurance sector, offered at ₹870–₹900 per share to raise ₹7,249 crore. The issue was subscribed 0.79× overall (QIBs 1.03×, NIIs 0.19×, retail 1.1×). It listed on 10 Dec 2021 at ₹845 and closed its first day at ₹907, a listing gain of +0.8% versus the ₹900 issue price. It now trades around ₹530 (-41.1% versus the issue price).
Frequently asked questions
- How many times was the Star Health and Allied Insurance Company Limited IPO subscribed?
- The Star Health and Allied Insurance Company Limited IPO was subscribed 0.79× overall — 1.03× in the QIB category, 0.19× among non-institutional investors, 1.1× in retail.
- What were the Star Health and Allied Insurance Company Limited IPO listing gains?
- Star Health and Allied Insurance Company Limited listed on 10 Dec 2021 at ₹845, closing its first day at ₹907 — a listing gain of +0.8% versus the ₹900 issue price.
- What were the retail allotment odds for the Star Health and Allied Insurance Company Limited IPO?
- Retail was subscribed 1.1×, so a single-lot application had roughly a 90.9% chance of allotment — most applicants were allotted, and allotment was finalised on 6 Dec 2021.
- What was the price band and lot size of the Star Health and Allied Insurance Company Limited IPO?
- The price band was ₹870–₹900 per share, with a minimum lot of 16 shares (₹14,400 at the upper band).
- Who were the registrar and lead manager for the Star Health and Allied Insurance Company Limited IPO?
- KFin Technologies Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.