Star Health and Allied Insurance Company Limited
30 Nov 2021 – 02 Dec 2021
LISTED
Offer Price
₹870–900
Bid lot
16
Min Application
₹14,400
Issue Size
₹7,249 Cr
Key dates
Open date
30 Nov 2021
Done
Close date
02 Dec 2021
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
10 Dec 2021
Today
Issue reservation
₹7,249 CrQIB 50%Retail 35%5%
QIB
4.03 Cr sh · ₹3624.50 Cr
Retail
2.82 Cr sh · ₹2537.15 Cr
Employee
40.3 L sh · ₹362.45 Cr
BRLM: Kotak Mahindra Capital Company Limited · Axis Capital Limited · BofA Securities India Limited · Citigroup Global Markets India Private Limited · ICICI Securities Limited · CLSA India Private Limited · Credit Suisse Securities (India) Private Limited · Jefferies India Private Limited · Ambit Private Limited · DAM Capital Advisors Limited · IIFL Securities Limited · SBI Capital Markets Limited
Lot ladder — how much to bid
1 lot = 16 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
16 sh · ₹14,400
Max · 13 lots
208 sh · ₹1,87,200
S-HNI · ₹2 L to ₹10 L14–69 lots
Min · 14 lots
224 sh · ₹2,01,600
Max · 69 lots
1,104 sh · ₹9,93,600
B-HNI · Above ₹10 L70+ lots
Min · 70 lots
1,120 sh · ₹10,08,000
Entry point
₹10,08,000 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Axis Capital Limited, BofA Securities India Limited, Citigroup Global Markets India Private Limited, ICICI Securities Limited, CLSA India Private Limited, Credit Suisse Securities (India) Private Limited, Jefferies India Private Limited, Ambit Private Limited, DAM Capital Advisors Limited, IIFL Securities Limited, SBI Capital Markets Limited
Face value₹10
Listing onNSE
RegistrarKFin Technologies Private Limited
Live subscription
1.01×
0×1×2×3×+
Fully subscribed
Book₹6,524 Cr
Subscribed₹6,560 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 4,02,72,222₹3,624 Cr | 4,14,80,389₹3,733 Cr | 1.03× |
| HNI | 1,20,81,667₹1,087 Cr | 22,95,517₹206.60 Cr | 0.19× |
| Retail | 2,81,90,555₹2,537 Cr | 3,10,09,611₹2,791 Cr | 1.10× |
| Employee | 40,27,222₹362.45 Cr | 4,02,722₹36.24 Cr | 0.10× |
| Total | 7,24,89,999₹6,524 Cr | 7,28,92,722₹6,560 Cr | 1.01× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 3,733.24 |
| HNI | 206.60 |
| Retail | 2,790.86 |
| Employee | 36.24 |
| Total | 6,560.34 |
Amounts at the upper band (₹900). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Star Health and Allied Insurance Company Limited IPO?
One lot of 16 shares — ₹14,400 at the upper price band of ₹900.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2021-12-10 on NSE.