Star health IPO Review-Directusinvestments
Star Health and Allied Insurance Company limited is coming up with an IPO on 30th Nov 2021 to raise Rs 7,249 crore, the offer comprises fresh issue of Rs 2,000 crore and an offer for sale of Rs 5,249 crore by the existing stakeholders. The subscription window will close on 2nd Dec 2021. Price band for each share is fixed at Rs 870 to Rs 900. Face value of each share is Rs 10. Retail investor can apply for minimum and maximum, 16 shares and 208 shares, respectively. Allotment of shares will get initiated on 7th Dec 2021 and shares will get listed on the market on 10th of Dec 2021.