initial public offering (IPO) failed to get fully subscribed by the close of bidding. The IPO of the country's largest private health insurance firm was subscribed just 79%.
Backed by billionaire stock investor Rakesh Jhunjhunwala, the company had priced its IPO between ₹870-900 per share. The finalization of basis of share allotment of Star Health IPO is expected to take place tomorrow, December 7, 2021 and if allotted, then the credit of shares to demat account of bidders will be done on December 9, 2021.
The registrar for this IPO is KFintech Private Limited, therefore the allotment application can be checked on its website here or on the BSE website here.