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MarketCircularsDaily Updates
November 26, 2021
231

IPO Alert: Star Health & Allied Insurance Company Ltd.

Incorporated in 2010, Star Health is and continues to be the largest private health insurer in India with a market share of 15.8% in the Indian health insurance market. They offer a range of flexible and comprehensive coverage options primarily for retail health, group health, personal accident and overseas travel.

Bid/Offer Opens On Tuesday, 30-Nov-21
Bid/Offer Closes On Thursday, 02-Dec-21
Price Band Rs. 870 - Rs. 900 per equity share
Lot Size 16 Shares

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The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment 7-Dec-21
Initiation of Refunds 8-Dec-21
Credit of Shares to Demat Acct 9-Dec-21
IPO Shares Listing Date 10-Dec-21
UPI mandate expiry date 13-Dec-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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