Star Health IPO will be open from 30 November 2021 to 02 December 2021. Star Health IPO GMP Kostak rate and Subject to Sauda updated as of Today. Star Health IPO Grey Market Premium has been Started with High Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
Star Health and Allied Insurance Co Ltd are India’s first Standalone Health Insurance provider Company. He is providing sterling services in Health, Personal Accident and Overseas Travel Insurance, etc. Our efforts have always been on service excellence and product innovation with a focus on delivering the best to our customers. Star Health has excellent products to cater to everybody, be it individuals, families, or corporates. We work directly as well as through various channels like agents, brokers, online, etc.
Star Health IPO Issue size of ₹7249.18 Crores, in which Fresh Issue of ₹2000 Crores and Offer For Sale of ₹5249.18 Crores and issue price band has been fixed at ₹870-₹900 Per Share. The Star Health IPO to be listed Soon on NSE and BSE.
What is Star Health IPO GMP Today?
■ The Star Health IPO GMP Today Or Grey Market Premium is ₹0-₹0.
What is Star Health IPO Kostak Rates Today?
■ The Star Health IPO Kostak rate is ₹0.
What is Star Health IPO Subject to Sauda Price Today?
■ The Star Health IPO Subject to Sauda rates is ₹0.
Star Health IPO Approximately Returns?
■ The Star Health IPO’s approximate return is 5%-10%. And it can also change according to the Market Sentiment.
Star Health IPO GMP Live, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 10 Dec 2021 | List – ₹845.00 | ₹0 | ₹0 |
| 09 Dec 2021 | Discount | ₹0 | ₹0 |
| 08 Dec 2021 | Discount | ₹0 | ₹0 |
| 07 Dec 2021 | Discount | ₹0 | ₹0 |
| 06 Dec 2021 | ₹0-₹0 | ₹0 | ₹0 |
| 05 Dec 2021 | ₹0-₹0 | ₹0 | ₹0 |
| 04 Dec 2021 | ₹0-₹0 | ₹0 | ₹0 |
| 03 Dec 2021 | ₹0-₹0 | ₹0 | ₹0 |
| 02 Dec 2021 | ₹0-₹0 | ₹0 | ₹0 |
| 01 Dec 2021 | ₹10-₹12 | ₹0 | ₹0 |
| 30 Nov 2021 | ₹12-₹15 | ₹0 | ₹0 |
| 29 Nov 2021 | ₹12-₹15 | ₹0 | ₹0 |
| 28 Nov 2021 | ₹12-₹15 | ₹0 | ₹0 |
| 27 Nov 2021 | ₹12-₹15 | ₹0 | ₹0 |
| 26 Nov 2021 | ₹12-₹15 | ₹0 | ₹0 |
| 25 Nov 2021 | ₹40-₹50 | ₹0 | ₹0 |
| 24 Nov 2021 | ₹60-₹70 | ₹0 | ₹0 |
Star Health IPO Date & Price Band & Details :
| IPO Open : | 30 November 2021 |
| IPO Close : | 02 December 2021 |
| IPO Size : | ₹7249.18. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹870-₹900 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹7249.18. Cr |
| Fresh Issue : | ₹2000. Cr |
| Offer For Sale : | ₹5249.18 Cr |
Star Health IPO Market Lot :
Star Health IPO Minimum Market lot is 1 Lot with 16 shares with ₹14,400 Application amount. The retail investors can apply up to 13 lots with 208 Shares or ₹187,200 amounts.
| Minimum Lot Size : | 1 lot |
| Minimum Share : | 16 Shares |
| Minimum Amount : | ₹14,400 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 208 Shares |
| Maximum Amount : | ₹187,200 |
Star Health Insurance IPO Shares Offer :
A total of 80,546,447 shares are to be bid for the public issue by Star Health Insurance IPO with 22,222,222 for Fresh issue and 58,324,225 for an offer for sale Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 22,222,222 | ₹2000 Cr |
| Offer For Sale : | 58,324,225 | ₹5249.18 Cr |
| Total : | 80,546,447 | ₹7249.18 Cr |
Star Health IPO Reservation :
Star Health Insurance IPO Total Reservation of 80,546,447 shares are to be bid for the public issue by Star Health IPO with 60,409,835 for QIB and 12,081,967 for NII 80,54,665 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | 75% | 60,409,835 | ₹5436.88 Cr |
| NII : | 15% | 12,081,967 | ₹1087.38 Cr |
| RII : | 10% | 80,54,665 | ₹724.92 Cr |
| EMP : | – % | – | ₹ |
| Total : | 100% | 80,546,447 | ₹7249.18 Cr |
Star Health IPO EPS :
The Star Health company’s EPS growth is decreasing last year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2021-6M | ₹6.93 |
| 2021 | ₹16.54 |
| 2020 | ₹5.59 |
| 2019 | ₹2.81 |
Star Health IPO Peer Comparison PE :
The Star Health , According to DRHP of the Some top company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | ICICI Lombard General InsuranceCompany Ltd | 46.66 |
| 2. | New India Assurance Company Limited | 15.30 |
Star Health IPO Dates :
Star Health IPO Date is 30 November 2021 and closes on 02 December 2021 . The allotment will be finalized on 07 December 2021 and the IPO may list on 10 November 2021.
| Open Date : | 30 November 2021 |
| Close Date : | 02 December 2021 |
| Allotment Date : | 07 December 2021 |
| Refund Date : | 08 December 2021 |
| Share Credit Date : | 09 December 2021 |
| Listing Date : | 10 December 2021 |
Star Health IPO Form :
There are two ways to apply in Star Health Insurance IPO. You can apply for Star Health Insurance IPO through ASBA available in your bank account. You have to go to your online bank login and select Star Health Insurance IPO in the Invest section and apply through your bank account. Another option is you can apply for Star Health IPO through IPO form download through NSE and BSE. See the Star Health Insurance IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Star Health Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2021 | ₹9,077.76 | ₹1,381.74 | ₹8,255.81 |
| 2020 | ₹4,619.61 | ₹485.36 | ₹2,680.02 |
| 2019 | ₹2,262.54 | ₹440.07 | ₹1,282.26 |
About Star Health Company
Star Health is the largest private health insurer in India with a market share of 15.8% in the Indian health insurance market in Fiscal 2021, according to CRISIL Research. In Fiscal 2021, we had a total GWP of ₹93,489.50 million. From being the first standalone health insurance (“SAHI”) company established in India in 2006, we have grown into the largest SAHI company in the overall health insurance market in India, according to CRISIL Research.
Our comprehensive health insurance product suite insured 20.5 million lives in Fiscal 2021 in retail health and group health, which accounted for 89.3% and 10.7%, respectively, of our total health GWP in Fiscal 2021. We are strategically focused on the retail health market segment and had retail health GWP of ₹82,150.90 million in Fiscal 2021.
We have been consistently ranked first in the retail health insurance market in India based on retail health GWP over the last three Fiscal Years, according to CRISIL Research. The retail health market segment is expected to emerge as a key growth driver for the overall health insurance industry in India after the COVID19 crisis in India due to low penetration of health insurance, high out-of-pocket expenses for healthcare costs, and since only 10% of the population has insurance policies outside of government plans, according to CRISIL Research.
In Fiscal 2021, our retail health GWP was over three times the retail health GWP of the next highest retail health insurance market participant, according to CRISIL Research, positioning us well to continue to grow our business and market share.
| Read also: All Upcoming IPO Grey Market Premium 2021 |
The Indian health insurance market continues to be underpenetrated, with a health insurance penetration of only 0.36% of GDP in 2019, compared to the global average of 2.0% of GDP, according to CRISIL Research. India has one of the lowest health insurance densities globally, based on per capita premium, at US$5 in 2019, according to CRISIL Research. A number of demographic factors, including increasing life expectancy, per capita GDP, and population growth in India, as well as the high portion of out of pocket expenses as a percentage of total healthcare expenditure by patients in India (62.67% in 2018), are driving the need of healthcare services and the growth in the health insurance industry in India, according to CRISIL Research.
Star Health IPO GMP FAQs :
How much is Star Health IPO GMP Today?
Star Health IPO GMP Today is ₹0-₹0.
How much is Star Health IPO Grey Market Premium?
Star Health IPO is Grey Market Premium ₹0–₹0 .
What is Star Health IPO Kostak Rate?
Star Health IPO Kostak Rate is ₹0.
What is Star Health IPO Subject to Sauda?
Star Health IPO Subject to Deals is ₹0.
What are Star Health IPO Approx Returns?
Star Health IPO approx Returns is %-%. And it can also change according to the Market Sentiment.
| Star Health IPO Details: Click Here Star Health IPO Subscription: Click Here Star Health IPO Allotment: Click Here Star Health IPO Listing: Click Here |
All Star Health IPO-related links are available here. If you want to know the details then click on Click Here Link.
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