49  Total SME IPOs listed in 2025

2,236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

Star Health and Allied Insurance Company Limited IPO (Star Health and Allied Insurance Company IPO) Details

Star Health and Allied Insurance Company Limited is an Insurance based company, located in Chennai, Star Health and Allied Insurance Company Limited IPO size was 7249.18 Cr. and was issued at 900.00 per share. The share of Star Health and Allied Insurance Company Limited were listed at 906.85 per share and are currently trading at 356.65 per share.

Type :
Sub Sector : Health Insurance Companies
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
-989.36 Cr.

PAT :
-760.54 Cr.

Pricing Report

Issue Price :
900.00

Listing Price :
906.85

Current Market Price :
356.65

Issue Price vs CMP :
543.35 (60.37%)

listing Price vs CMP :
550.2 (60.67%)

Performance Report (CAGR* wise)

CAGR : -24.45
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Star Health and Allied Insurance Company

Company Information
Star Health and Allied Insurance Company Limited remains the largest private health insurer in India, holding a 15.8% market share in the Indian health insurance market in Fiscal 2021, as per CRISIL Research. In the same year, the company recorded a total Gross Written Premium (GWP) of '93,489.50 million. Established in 2006 as the first standalone health insurance (SAHI) company in India, it has grown to become the largest SAHI company in the country's overall health insurance market, according to CRISIL Research. The company's comprehensive suite of health insurance products covered 20.5 million lives in Fiscal 2021, with retail health and group health accounting for 89.3% and 10.7%, respectively, of its total health GWP for the year.
The company has strategically focused on the retail
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Object of Issue
  • The IPO aims to utilize the net proceed to augment the company's capital base and insolvency level

Star Health and Allied Insurance Company MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2021
IPO Size :
7249.18 Cr.
IPO Subscription :
0.79 X     
PE Multiple :
0.00
Merchant Banker :
Ambit Private Limited
IPO Registrar:
Kfin Technologies Limited
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Peer Companies Of This Sector

FAQs

Star Health and Allied Insurance Company operates in Insurance and Health Insurance Companies. The Issue is listed on MainBoard in Dec, 2021. Star Health and Allied Insurance Company IPO size was 7249.18 Cr. with Issue price of 900.00 .

Merchant Banker(s) of Star Health and Allied Insurance Company IPO: Ambit Private Limited , Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited , Iifl Securities Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited

Star Health and Allied Insurance Company IPO subscription was 0.79 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Star Health and Allied Insurance Company IPO listed at a listing price of 906.85 against the offer price of 900.00.

The current market price of Star Health and Allied Insurance Company is 356.65.

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