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Open
30 Nov to 2 Dec, 2021
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Close
30 Nov to 2 Dec, 2021
3
Allotment
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Listing
Fri, Dec 10, 2021
Price Band
₹870 to ₹900
Issue Size
6,68,82,461 shares (agg. up to ₹6,019 Cr)
Lot Size
16 Shares
Listing Date
Fri, Dec 10, 2021
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 0.95x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 10,762.21 | 10,500.99 | 6,126.73 | 4,872.46 |
| Profit After Tax | -380.27 | -825.58 | 268.00 | 128.23 |
| NET Worth | 3,199.41 | 3,484.64 | 1,628.68 | 1.22 |
| Reserves and Surplus | 3,765.17 | 3,675.79 | 1,153.04 | 587.06 |
| Total Borrowing | 650.00 | 250.00 | 250.00 | 250.00 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmentation of the Company’s capital base |
About Star Health IPO
Incorporated in 2006, 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 and group health segments which accounted for 89.3% and 10.7% of the company's total GWP in Fiscal 2021 respectively. The company mainly distributes policies through individual agents and also includes corporate agent banks and other corporate agents. As of Sep 31, 2021, its network distribution includes 779 health insurance branches across 25 states and 5 union territories in India. Star Health has also built one of the largest health insurance hospital networks in India with more than 11,778 hospitals. Competitive strengths Largest private health insurance company in India with leadership in the attractive retail health segment. Largest network distribution in the health insurance industry. Diversified product suite with a focus on innovation and specialized products. Strong risk management with superior claims ratio and quality customer services. Demonstrated track record of operating and financial performance. + Read More
Contact Details
Star Health & Allied Insurance Co.Ltd. AddressNo.1, New Tank Street, Valluvarkottam High RoadNungambakkamChennai, Tamil Nadu, 600034+91 44 2828 8800investors@starhealth.inVisit Website