Status
Listed
Price band
₹870–₹900
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
16 shares
Minimum money
₹14,400 for 1 lot
Issue size
₹6,018.68 crore
Dates
30 Nov 2021 – 2 Dec 2021
Official links
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Star Health & Allied Insurance Co. Ltd. IPO is listed. It opens on 30 Nov 2021 and closes on 2 Dec 2021. The price band is ₹870 to ₹900. One lot is 16 shares, and the minimum amount is ₹14,400. The issue size is ₹6,018.68 crore, with a fresh issue of ₹2,000.66 crore and an offer for sale of ₹4,018.03 crore. In FY21, profit after tax was ₹-825.58 crore. Profit after tax was down 408.1% from ₹268 crore in FY20.
The total subscription for Star Health & Allied Insurance Co. Ltd. is 1.01 times.
Star Health & Allied Insurance Co. Ltd. listed at ₹845.
Star Health and Allied Insurance is India's largest standalone health insurer. It sells health, personal accident and travel insurance.
Dates
Opens
30 Nov 2021
Closes
2 Dec 2021
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
7 Dec 2021
Refunds
8 Dec 2021
Demat credit
9 Dec 2021
Listing
10 Dec 2021
Objects of the issue
- Augmentation of the Companys capital base
Promoters
Safecrop Investments India LLP, Westbridge AIF I and Rakesh Jhunjhunwala
Subscription
Subscribed 1.01x overall. Final, as of 2 Dec 5 pm IST.
Total
1.01x
Issue structure
Fresh issue and offer for sale
How the issue is split. Amounts are in ₹ crore.
| Part | Amount |
|---|---|
| Fresh issue | ₹2,000.66 crore |
| Offer for sale | ₹4,018.03 crore |
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 11.98% |
| Large bids | 3.19% |
| Big funds | 84.83% |
Issue
- Face value
- ₹10
- Fresh issue
- ₹2,000.66 crore
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹4,018.03 crore
- Exchanges
- BSE, NSE
- Registrar
- Kfin Technologies Ltd.
Reservation
- Retail
- 11.98%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 3.19%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 84.83%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY19 | ₹128.23 crore | |
| FY20 | ₹268 crore | |
| FY21 | −₹825.58 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY19 | ₹1.22 crore |
| FY20 | ₹1,628.68 crore |
| FY21 | ₹3,484.64 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY19 | — | 128.23 | 1.22 | — | — |
| FY20 | — | 268 | 1,628.68 | — | — |
| FY21 | — | -825.58 | 3,484.64 | — | — |
Listing
- Listing price
- ₹845
- Close on listing day
- ₹906.85
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- -6.11% versus ₹900
Frequently asked questions
When does this issue open?
It opens on 30 Nov 2021 and closes on 2 Dec 2021.
What is the lot size and the minimum amount?
One lot is 16 shares. The minimum amount is ₹14,400 for 1 lot.
When are allotment and listing?
Allotment is on 7 Dec 2021. Listing is on 10 Dec 2021.
What is the price band?
The price band is ₹870 to ₹900.
What is the issue size?
The issue size is ₹6,018.68 crore.
How many times was it subscribed?
The total subscription is 1.01 times, checked 2 Dec 2021, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is -6.11%.
This page is a calendar of dates and prices. It is not a recommendation to apply.