Anup singh
Star Health IPO opens on 30-NOV-2021 and it will close on 02-Dec-2021 as per the Red Herring Prospectus (RHP).
About the Star Health and Allied Insurance Company
The Company was incorporated as Star Health and Allied Insurance Company Limited, a public limited company, at Chennai under the Companies Act, 1956 on June 17, 2005 and was granted the certificate of incorporation by the Registrar of Companies, Tamil Nadu at Chennai. The company was granted its certificate for commencement of business on December 9, 2005 by the RoC
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.
Competitive Strengths
- The largest private health insurance company in India with leadership in the attractive retail health segment.
- One of the largest and well spread distribution networks in the health insurance industry and an integrated ecosystem that enables us to continue to access the growing retail health insurance market.
- Diversified product suite with a focus on innovative and specialized products.
- Strong risk management focus with domain expertise driving a superior claims ratio and quality customer service.
- Substantial investment in technology and innovative business processes.
- consistently demonstrated superior operating and financial performance.
Registered and Corporate Office
No.1, New Tank Street, Valluvarkottam High Road, Nungambakkam, Chennai Tamil Nadu 600 034 India ; Tel: +91 44 2828 8800
Website & Contact Person
Website: www.starhealth.in
Contact Person: Jayashree Sethuraman, Company Secretary and Compliance Officer; E-mail: investors@starhealth.in
Corporate Identity and IRDAI Registration Number
Corporate Identity Number: U66010TN2005PLC056649
IRDAI Registration Number: 129
Star Health IPO – Promoters
SAFECROP INVESTMENTS INDIA LLP, WESTBRIDGE AIF I AND RAKESH JHUNJHUNWALA
Star Health IPO – COMPANY FINANCIALS
Summary of Restated Consolidated Financial Information
For the year/period ended ( ₹ in millions)
| Particulars | |||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Revenue | (9,077.76) | 4,619.61 | 2,262.54 |
| Profit After Tax | (8,255.81) | 2,680.02 | 1,282.26 |
| Total Assets | 44,665.72 | 18,967.69 | 16,426.35 |
Total Revenue : (4,946.80) 30-Sep-21 , 3,343.05 30-Sep-20
Profit After Tax (PAT): (3,802.69) 30-Sep-21, 1,992.87 30-Sep-20
Total Assets: 49,749.42 30-Sep-21, 21,008.88 30-Sep-20
Star Health IPO Date and Price Band
| Issue Open Date | 30 November 2021 |
| Issue Close Date | 02 December 2021 |
| Issue Type | Book Built Issue |
| Face Value | ₹ 10 per equity share |
| IPO/Issue Price | ₹ 870 to ₹ 900 per equity share |
| Market Lot | 16 Shares |
| Min Order Quantity | 16 Shares |
| Listing At | BSE, NSE |
| Employee Discount | 80 |
Star Health IPO/ Issue Time Line [Tentative]
Issue Open Date
Issue Close Date
Basis of Allotment Date
Initiation of Refunds
IPO Listing Date
Star Health IPO Prospectus (RHP)
Star Health IPO Lead Managers
1. Kotak Mahindra Capital Company Limited
2. DAM Capital Advisors Limited
3. ICICI Securities Limited
4. Axis Capital Limited
5. BofA Securities India Limited
6. Citigroup Global Markets India Private Limited
7. CLSA India Private Limited
8. Credit Suisse Securities (India) Private Limited
9. Jefferies India Private Limited
10. Ambit Private Limited
11. IIFL Securities Limited
12. SBI Capital Markets Limited
Star Health IPO Registrar
KFin Technologies Private Limited
Selenium, Tower B, Plot No- 31 and 32
Financial District, Nanakramguda,
Serilingampally, Hyderabad
Rangareedi 500 032
Telangana, India
Tel: +91 40 6716 2222/ 180034 54001
E-mail: starhealth.ipo@kfintech.com
Investor grievance e-mail:
einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M Murali Krishna
SEBI Registration No.: INR000000221
Star Health IPO FAQs
Ans. Star Health is a main-board IPO. The issue is priced at ₹ 870 to ₹ 900 per equity share.
OPEN: 30 November 2021 CLOSE: 02 December 2021
Q How to apply for Star Health IPO through Upstox?
Ans. Login to Upstox with the credentials. Select the IPO – Star Health. Confirm your application. Block funds on your mobile UPI app. Open Demat Account Now With Upstox
Q When the Star Health IPO will Open?
Ans. The Star Health IPO Opens on 30 November 2021.
Q When the Star Health IPO will Close?
Ans. The Star Health IPO will close on 02 December 2021
Q What is Star Health IPO Price Band?
Ans. The Star Health IPO Price Band is ₹ 870 to ₹ 900 per equity share.
Q What is the Star Health IPO Allotment Date?
Ans. The Star Health IPO allotment date is 07 December 2021.
Q What is the Star Health IPO Listing Date?
Ans. The Star Health IPO Listing Date is 10 December 2021.
Q What is the minimum lot size of Star Health IPO?
Ans. The minimum bid is 16 Shares.
Q Who is the Registrar of Star Health IPO?
Ans. KFin Technologies Private Limited. Visit their website for more information.
Q Is Rakesh JHUNJHUNWALA Promoter of Star Health IPO?
Ans. Yes, Rakesh Jhunihunwala is the promotor of Star Health IPO.
Q Who is the Promoters of Star Health IPO?
Ans. SAFECROP INVESTMENTS INDIA LLP, WESTBRIDGE AIF I AND RAKESH JHUNJHUNWALA
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