Star Health & Allied Insurance Limited
ListedMainboardFinancial Services · NSE / BSE
Incorporated in 2006, Star Health and Allied Insurance Company Ltd is one of India’s largest private health insurers, holding a market share of 15.8% in FY2021. The company mainly focuses on retail and group health insurance, which together accounted for most of its gross written premium during the year. Policies are largely sold through individual agents, along with corporate agents and bank partners. As of September 2021, Star Health had a wide distribution network of 779 branches across 25 states and 5 union territories, and one of the largest hospital networks in the country with over 11,778 empanelled hospitals.
Price Band
₹870 – ₹900
Issue Size
₹7249 Cr
Lot Size
16 shares
GMP
₹80
-8.9%
Est. Listing
₹820
at current GMP
Subscribed
—
Open
30 Nov 2021
Close
2 Dec 2021
Allotment
7 Dec 2021
Refund
8 Dec 2021
Demat Credit
9 Dec 2021
Listing
10 Dec 2021
Last updated 12 days ago
Live Grey Market Premium
Star Health & Allied Insurance Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹-80-8.9%
Issue Price (Upper)
₹900
Band: ₹870 – ₹900
Estimated Listing Price
₹820
Upper price + GMP
Lot Size
16 shares
Min investment ₹14,400
Estimated Profit / Lot
₹0
16 × ₹-80
Star Health & Allied Insurance Limited GMP Historical Trend
GMP History
Grey Market Premium trend
-₹80
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | -₹80 | -8.9% | ₹820 |
| 30 Oct 2026 | -₹80 | -8.9% | ₹820 |
| 29 Oct 2026 | — | -8.0% | ₹828 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Star Health & Allied Insurance Limited Public Issue & Market Profile
Star Health & Allied Insurance Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹7,249.18 Crores. The shares are offered at a price band of ₹870 to ₹900 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2021-12-02, the basis of allotment is scheduled to be finalized on 2021-12-07. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Star Health & Allied Insurance Limited IPO GMP today?
The latest grey market premium for Star Health & Allied Insurance Limited IPO is ₹-80, which indicates an expected listing price of ₹820.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.