Subscription Details
The details about the Star Health IPO is as:
- The issue size of the IPO is 7249.18 Cr.
- The price band ranges from Rs 870 to Rs 900.
- The shares of Star Health will list on 10th December 2021.
- The latest tentative GMP of Star Health IPO is Rs -.
- The Employees of the company are entitled to a discount of Rs 80.
- Star Health and Allied Insurance Company IPO is subscribed 0.79 Times as of 2nd December 2021.
Star Health and Allied Insurance Company Valuation
The approx valuation of Star Health and Allied Insurance Company IPO company based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 900 |
| Existing Shares (Qty) |
55.32 Cr |
| Fresh Issue (Amount) |
2000 Cr |
| Market Cap |
51788 Cr |
| EPS (FY21) |
Rs -16.54 |
| Industry PE |
30.98x |
Star Health and Allied Insurance Company IPO Issue Size
Star Health and Allied Insurance Company IPO issue size is 7249.18 Cr.
| Issue |
Amount |
| Fresh Issue |
2000 Cr |
| Offer For Sale |
5249.18 Cr |
Star Health IPO Market Lot
An Individual can apply for a minimum 1 lot of 16 shares and a maximum of 13 lots of 208 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
16 |
Rs 14,400 |
| Maximum |
13 |
208 |
Rs 1,87,200 |
Star Health and Allied Insurance Company IPO share offer
Star Health and Allied Insurance Company IPO is subscribed 0.79 Times as of 2nd December 2021. It is Undersubscribed as of now. The category-wise subscription is as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Minimum 75% |
1.03 Times |
| Non-Institutional |
Maximum 15% |
0.19 Times |
| Retail Individual |
Maximum 10% |
1.10 Times |
| Employees |
100 Cr |
0.10 Times |
| Total |
|
0.79 Times |
Star Health IPO Grey Market Premium
| As on |
GMP (Tentative) |
| 30 November 2021 |
Rs 15 |
| 1 December 2021 |
Rs 10 |
| 2 December 2021 |
Rs 10 |
| 3 December 2021 |
Rs - |
| 4 December 2021 |
Rs - |
It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Allotment Details
Find below the dates for Star Health IPO:s
| Schedule |
Date |
| Basis of Allotment |
7 December 2021 |
| Refunds |
8 December 2021 |
| Credit to Demat Account |
9 December 2021 |
| IPO Listing Date |
10 December 2021 |
Check allotment status