Star Health & Allied Insurance IPO
Star Health & Allied Insurance IPO is listed on BSE and NSE, priced at ₹870–₹900 per share. The stock debuted at ₹845. The IPO had a lot size of ₹16 shares and a minimum investment of ₹14,400.
Star Health & Allied Insurance
- IPO Dates
- Nov 30, 2021 – Dec 2, 2021
- Price band
- ₹870-900 per equity share
- Minimum Investment
- ₹14,400
- Issue size
- Total 7249.18 Crores : 2000 Crores Fresh Issue + 5249.18 Crores OFS
- Lot size
- 16
- Allotment Date
- Dec 8, 2021
- Listing
- Dec 10, 2021
- Listing At
- BSE, NSE
IPO timeline
-
Nov 30, 2021
Open Date
Completed
-
Dec 2, 2021
Close Date
Completed
-
Dec 8, 2021
Allotment Date
Completed
-
Dec 10, 2021
Listing Date
Completed
Price Summary
- Last closing
- 505.00 (-43.89%)
- 52 week high
- 586.25
- 52 week low
- 385.15
- Last update
Star Health & Allied Insurance IPO Essentials
Star Health & Allied Insurance IPO Details
Star Health & Allied Insurance IPO is priced at ₹870-900 per share with a total issue size of Total 7249.18 Crores : 2000 Crores Fresh Issue + 5249.18 Crores OFS. The IPO has a lot size of 16 shares and is listed on BSE and NSE.
- Issue price
- ₹870-900 per equity share
- Lot size
- 16 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total 7249.18 Crores : 2000 Crores Fresh Issue + 5249.18 Crores OFS
- Listing at
- BSE, NSE
- List price
- 845.0(NSE)
- Listing date
- Registrar
- KFintech Private Limited
- Lead manager
-
Multiple
Star Health & Allied Insurance IPO Analytics
Star Health & Allied Insurance IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Star Health & Allied Insurance IPO Subscription Status
Star Health & Allied Insurance IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 2,38,30,602 |
1,19,15,300
|
79,43,533 | 12,19,512 | 4,49,08,947 |
|
Day 1
30-11-21 05:00 PM
|
0.00 x |
0.02x
|
0.64 x | 0.03 x | 0.12 x |
|
Day 2
01-12-21 05:00 PM
|
0.07 x |
0.02x
|
0.89 x | 0.05 x | 0.20 x |
|
Day 3
02-12-21 07:00 PM
|
1.03 x |
0.19x
|
1.09 x | 0.09 x | 0.80 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 412293 (Approx) | 0.83 | ||
Star Health & Allied Insurance Valuations
Earnings
- EPS (Post IPO)
- ₹(14.35)/-
- P/E Ratio
- (62.74)
Returns
- RoNW
- (23.69)%
Star Health & Allied Insurance Financials( In Crs.)
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 4,466.57 | 1,896.76 | 1,642.63 |
| Revenue | (907.77) | 461.96 | 226.25 |
| Profit After Tax | (825.58) | 268.00 | 128.22 |
Star Health & Allied Insurance Company & Offer Insights
About Star Health & Allied Insurance
Star Health and Allied Insurance Company Ltd is one of the largest private health insurers in India with a market share of 15.8% in Fiscal 2021. The company primarily focuses on the retail health market segment and ranked top in the retail health insurance market in India based on GWP over the last 3 fiscal years. It offers a range of flexible and comprehensive coverage options for retail health, group health, personal accident, and overseas travel, accounting for 87.9%, 10.5%, 1.6%, and 0.01%, respectively, of our total GWP in Fiscal 2021.The company mainly distributes policies through individual agents and also includes corporate agent banks and other corporate agents. As of March 31, 2021, its network distribution includes 737 health insurance branches across 26 states and 4 union territories in India. Star Health has also built one of the largest health insurance hospital networks in India with more than 10,870 hospitals.
Star Health & Allied Insurance Promoter(s)
Safecrop Investments India LLP, Westbridge AIF I , Rakesh Jhunjhunwala are the company's promoters of Star Health & Allied Insurance.
Star Health & Allied Insurance IPO Issue Objectives
- •
- The IPO aims to utilize the net proceed to augment the company's capital base and insolvency level.
Star Health & Allied Insurance IPO - Anchor Investors
Star Health raises Rs 3,217.13 crore from anchor investors, ahead of IPO opening
Marquee investors, who participated in the offer included Monetary Authority of Singapore, Government of Singapore, The New Economy Fund, Baillie Gifford Pacific Fund, WF Asian Smaller Companies Fund, Valiant Mauritius, Abu Dhabi Investment Authority, Desjardins Emerging Markets Fund, Lazard Emerging Markets, Aberdeen New India Investment Trust Plc, Morgan Stanley, SEI Institutional Investments Trust, WCM Focused Emerging Markets, Moraine Master Fund, Societe Generale, Partners Bay Master Fund, Segantiii India Mauritius, and NVIT Emerging Markets Fund
Domestic investors including SBI Life Insurance, HDFC Life Insurance, Max Life Insurance, Edelweiss, IIFL Special Opportunities Fund, and Bharti Axa Life Insurance also bought shares in the company.
Star Health & Allied Insurance IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Star Health | 15.56 | (62.7) | (23.69)% | 494.68 |
| ICICI Lombard | 8.19 | 55.05 | 21.7% | 12,666 |
| New India Assurance | 0.72 | 24.04 | 6.97% | 31,087 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Star Health & Allied Insurance IPO is a book-built IPO worth ₹Total 7249.18 Crores : 2000 Crores Fresh Issue + 5249.18 Crores OFS. The price band is ₹870–₹900 per share. The IPO opens on Nov 30, 2021 and closes on Dec 2, 2021. It will be listed on BSE and NSE. KFintech Private Limited is the registrar.
The price band of Star Health & Allied Insurance IPO is ₹870 to ₹900 per share.
The lot size of Star Health & Allied Insurance IPO is 16 shares.
The minimum investment for Star Health & Allied Insurance IPO is approximately ₹14,400 based on the upper price band .
Star Health & Allied Insurance IPO opens on Nov 30, 2021 and closes on Dec 2, 2021.
The allotment date of Star Health & Allied Insurance IPO is Dec 8, 2021.
Star Health & Allied Insurance IPO is expected to be listed on Dec 10, 2021, on BSE and NSE .
Star Health & Allied Insurance IPO listed on Dec 10, 2021. It was issued at ₹845.0(NSE) and is currently around ₹505.00 as on 14-May-2026 3:30 PM, which is approximately -43.9% versus issue price. The 52-week high is ₹586.25.
Based on listing and post-listing performance, Star Health & Allied Insurance IPO delivered around -43.9% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Star Health & Allied Insurance IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Star Health & Allied Insurance IPO valuation snapshot: P/E (62.74), EPS ₹(14.35)/-, P/B N/A, RoNW (23.69)%, and market cap N/A.
To apply for Star Health & Allied Insurance IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Star Health & Allied Insurance IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Star Health & Allied Insurance IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Star Health & Allied Insurance IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Star Health & Allied Insurance IPO allotment status on IPO Ji for quick and easy access.