November 28, 2021

IPO Review: Star Health and Allied Insurance Co Ltd

N V Chandrachoodamani / Categories, Premium, Stocks / November 28, 2021

Star Health and Allied Insurance Co Ltd (Star Health), India’s leading standalone health insurer, is making an IPO worth Rs. 7,249 crore comprising a fresh issue of shares valued at Rs.2,000 crore and an offer for sale of Rs.5,249 crore. The issue will open on November 30 and close on December 2 at a price band of Rs. 870-900 per share. At the upper end of the price band, Star Health will be valued at Rs. 51,800 crore (~$7 billion).

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November 28, 2021

IPO Review: Star Health and Allied Insurance Co Ltd

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