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29.11.2021 / 06:45

Star Health IPO: What GMP signals ahead of issue opening for subscription tomorrow

₹870-900 a share for its initial public offering (IPO) and at the upper end of the price band, the initial share sale is expected to fetch ₹7,249 crore.

Star Health India city Westbridge stars IPO

Star Health eyes around Rs50,000 crore valuation in IPO on growing demand for health insurance

MUMBAI :

Star Health India city Mumbai city Westbridge stars IPO

Rakesh Jhunjhunwala-backed health insurance company files for IPO. Details here

Star Health & Allied Insurance has filed for its initial public offering (IPO) papers with the market regulator Securities and Exchange Board of India (SEBI). Founded in 2006, India’s leading health insurance provider Star Health provides health, personal accident and overseas travel insurance.

Star Health India city Madison city Westbridge stars travelers

Star Health files DRHP to raise funds via IPO

NEW DELHI :

Star Health city New Delhi India city Westbridge hospital stars

₹1,200 cr pre-IPO funding in Star Health

₹600 crore investment, and Capital Group, which is one of the big FIIs (foreign institutional investors) in the Indian stock market, invested around ₹300 crore MUMBAI : Star Health and Allied Insurance Co Ltd, the health insurer backed by billionaire Rakesh Jhunjhunwala and Westbridge Capital, raised around ₹1,200 crore in a pre-IPO funding round led by Singapore’s state investor GIC, two people aware of the development said.“The funding was closed earlier this quarter. GIC led the funding with around ₹600 crore investment, and Capital Group, which is one of the big FIIs (foreign institutional investors) in the Indian stock market, invested around ₹300 crore.

Star Health Singapore India city Mumbai city Westbridge pandemic stars

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Detail statistic

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