Profit Sheets

Star Health files IPO papers with Sebi – Rs 2,000 crore!

July 23, 2021 12:51 PM

Star Health files IPO papers with Sebi - Rs 2,000 crore!
Star Health files IPO papers with Sebi, a leading private health insurer in the country, is owned by a consortium of investors like Westbridge Capital.

Star Health files IPO papers with Sebi, preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale. The initial public offer (IPO) comprises a fresh issue of equity shares worth Rs 2,000 crore and an offer for sale of up to 60,104,677 equity shares by promoters and existing shareholders, according to the draft red herring prospectus (DRHP).

Those offering shares through the offer for sale are promoter and promoter group –Safecrop Investments India LLP, Konark Trust, MMPL Trust– and existing investors– Apis Growth 6 Ltd, Mio IV Star, University of Notre Dame Du Lac, Mio Star, ROC Capital Pty Ltd, Venkatasamy Jagannathan, Sai Satish, and Berjis Minoo Desai.

Star Health files IPO papers with Sebi, a leading private health insurer in the country, is owned by a consortium of investors like Westbridge Capital and Rakesh Jhunjhunwala.

Also Read: Ford Figo automatic variant launched in India. price, other details below

At present, SBI Life Insurance Company, HDFC Life Insurance Company, ICICI Prudential Life Insurance Company, and ICICI Lombard General Insurance Company are the few insurance companies that are listed on the stock exchanges.

Kotak Mahindra Capital Company, Axis Capital, BofA Securities India, Citigroup Global Markets India, ICICI Securities, CLSA India, Credit Suisse Securities (India) Private Limited, Jefferies India, Ambit, DAM Capital Advisors, and IIFL Securities are the merchant bankers to the issue.

Leave a comment

Market Live Updates


Intraday Tips
Stock Name Open Price Trend Details
Reliance 1930.10 Buy  Click Here
Asian Paints 2577.00 Buy  Click Here
HDFC 2448.00 Buy  Click Here
HDFCAMC 2790.00 Buy  Click Here
TCS 3120.00 Buy  Click Here



NSE Top Gainers/Losers
COMPANY LTP %CHNG VOLUME
ONGC 135.10 5.14 4,03,32,961
JSWSTEEL 660.50 4.31 84,34,405
INDUSINDBK 1,135.90 4.22 40,49,393
BAJFINANCE 7,591.25 2.00 8,17,841
UPL 722.90 2.45 31,22,653
COMPANY LTP %CHNG VOLUME
MARUTI 6,784.50 -2.39 7,54,854
AXISBANK 784.85
-1.38
55,25,654
HEROMOTOCO 2,839.30 -1.74 4,04,569
BPCL 415.50
-1.17
66,91,530
BAJAJ-AUTO
3,715.40
-1.61 2,10,350