Star Health IPO Allotment Status Online: Check Allotment Result Link, Listing Price

Star Health IPO Allotment Status Online: The Star Health and Allied Insurance Company (Star Health) will declare their company’s IPO allotment on 07th Dec 2021. The face value of the company is ₹10 with the IPO lot size of 16 shares and their allotment can be checked from the Bombay Stock Exchange website or their registrar website i.e. (KFintech Private Limited). If you are one of those investors who bid their money on the IPO, then you can find the statistics, figures about the company in this article.

Star Health IPO Allotment Status 2021

As per the financial reports, despite being the backing up by one of the famous investors in the stock market Rakesh Jhunjhunwala, the IPO failed to impress the investors as it was subscribed only 79 times on its closing date i.e. 02nd Dec 2021. The rest of the information about the Star Health IPO Allotment Status 2021 is given below.

Star Health IPO Allotment: Abstract

Company Name Star Health and Allied Insurance Company (Star Health)
Article CategoryIPO Allotment
Year2021
Face Value ₹10 per equity share
Issue Type Book Built Issue IPO
IPO Price ₹870- ₹900
Market Lot 16 shares
Issue Size ₹7,249.18 Cr
Fresh Issue ₹2,00,000 Cr
Offer for Sale₹5,249.18 Cr
Employee Discount 80
Listing AtBSE, NSE
Registrar Name KFintech Private Limited
Company Promoters Safecrop Investors India LLP, Westbridge AIF I and Rakesh Jhunjhunwala
Company Website starhealth.in
Star Health IPO Allotment Status

Star Health IPO Allotment: Timetable

Events Dates
IPO starting date 30th Nov 2021
IPO closing date 02nd Dec 2021
Allotment date 07th Dec 2021
Initiation of refunds 08th Dec 2021
Credit of shares into Demat account 09th Dec 2021
Listing date of IPO 10th Dec 2021

Star Health IPO Allotment: Grey Market Premium (GMP)

According to the reports, the grey market on Monday was trading at the discount of Rs 75 which is 08% down from the upper end of the price band. The low GMP of the company are indicating that the listing at NSE and BSE will not be good.

Star Health IPO: Competitive Strengths

Some major strengths which are keeping the company still in the market race are listed below:

  • It is one of the largest private and largest network distribution health insurance company in India.
  • Diversified product suite with an aim to create something new.
  • Strong risk management with superior claim ratio and customer services.
  • Keeping track record on finance and technical performances.

Star Health IPO Subscription: Detailed (no of times) & Shares Offered

  • Shares Subscribed:
DayQIB NIIRetail Emp Total
Day 10.000.010.640.030.12
Day 2 0.070.020.890.050.20
Day 31.020.191.100.100.79
  • Shares Offered

The company’s IPO is a public issue of 44,908,947 equity shares where they offer 7,943,533 shares to retail investors, 23,830,602 to qualified institutional buyers and 11,915,300 shares to non-institutional investors.

GOCOLORS IPO Allotment Status

Star Health IPO: Lot Size & Promoter Holding

  • Star Health IPO: Lot Size

The lot size of the company is 16 shares where a retail investor can apply up to 13 lots which means they can have 208 shares or ₹1,87,200.

  • Star Health IPO: Promoter Holding
Pre Issue Share Holding 66.22%
Post Issue Share Holding 58.42%

Methods to check Star Health IPO Allotment 2021

There are two methods through which you will be able to check Star Health IPO Allotment and those methods are:

  • From BSE’s official website:
    • Appear on the application page of the BSE website (bseindia.com/investors/appli_check.aspx).
    • On that page, submit the required like: Issue Type (Equtiy, Debt), Issue Name, Application Number, PAN Number and then click on the box of I am not robot.
    • After completing the above details, tick on ‘Search’ button.
Star Health IPO BSE
  • A new web page will get open with your IPO Allotment status in the company.
  • From KFintech website:
    • Visit the IPO Allotment page of KFintech (ris.kfintech.com/ipostatus/).
    • You’ll see many links in front of you
    • Select any one of them and the IPO Allotment page will get open.
    • Note down the details like: Select IPO, Query By (Application Number, DPID, Client ID, PAN), Application Type, Application Number, captcha code.
    • In the end, tap on ‘Submit’.
Star Health IPO KFintech
  • Hold for few minutes and you’ll be able to see Star Health IPO Allotment status 2021.
  • If their is an option of download then you can download the file, otherwise save the page for future.

About Star Health

Star Health came into existence in the year 2006 and is considered as one of the largest private health insurers across the country with a market share of 15.8% in 2021. The company mainly distributes the policies through different agents and also include the corporate banks as well as corporate agents to spread the work. Star Health has also built one of the largest health insurance hospitals network in India.

Click Here to Check the Star Health IPO Status: Available Soon

The Bottom Line

Keep in touch with our page to know more about the Star Health IPO Status Allotment 2021.

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