Rakesh Jhunjhunwala backed Star Health IPO to open today: Check price band and other details

Star Health IPO comprises fresh issue of equity shares worth Rs 2,000 crore and an offer-for-sale of up to 58,324,225 equity shares by promoters and existing shareholders.

New Delhi: The Rs 7,249-crore initial public offering of Star Health and Allied Insurance Company will be open for subscription from today (Tuesday, November 30).

Star Health and Allied Insurance Company has fixed a price band of Rs 870-900 a share for its Rs 7,249-crore IPO. The three-day initial public offering (IPO) will conclude on December 2. Star Health, leading private health insurer in the country, is owned by a consortium of investors like Westbridge Capital and Rakesh Jhunjhunwala.

Here is all you want to know about the Star Health IPO