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Rakesh Jhunjhunwala-backed health insurance company files for IPO. Details here

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Star Health & Allied Insurance has filed for its initial public offering (IPO) papers with the market regulator Securities and Exchange Board of India (SEBI).

Founded in 2006, India’s leading health insurance provider Star Health provides health, personal accident and overseas travel insurance.

The initial share sale will consist of a fresh issue of ₹2,000 crore and an offer for sale (OFS) of 60 million shares by its promoters and shareholders.

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