Star Health and Allied Insurance IPO

Star Health Insurance is the largest private health insurance company and the largest retail health insurance company in India by health GWP (Gross Written Premium), with a 15.8% overall health insurance market share and a 31.3% retail health insurance market share in Fiscal 2021. The company is mainly focused on the retail health market segment with a GWP of Rs. 8,215.09 crores which accounted for 89.3% of the company's total health GWP in Fiscal 2021.

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From being the first standalone health insurance (SAHI) company established in India in 2006, the company has grown into the largest SAHI company in the overall health insurance market in the country with a total GWP of Rs. 9,348.95 crores and a pan-India distribution network of 737 health insurance branches spread across 26 states and 4 union territories in India as of March 31, 2021.The public offer of Star Health Insurance comprises a fresh issue of equity shares aggregating up to Rs. 2,000 crores and an offer for sale of 6 crore equity shares from existing shareholders. Read more

Check out some recent financials figures of the company:

How do I apply for the Star Health and Allied Insurance IPO?

You can apply for the Star Health and Allied Insurance IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.