India stars Health IPO India

Star Health Insurance IPO: What GMP signals on second day of subscription

Reading now: 291
www.livemint.com

Star Health Insurance IPO: Despite being Rakesh Jhunjhunwala-backed company, the public issue of Star Health Insurance has received tepid response from the investors.

After getting 12 per cent subscribed on first day of subscription, the public offer has received mere 2 per cent subscription on second date of subscription i.e.

today till 11.29 AM. So, by 11:29 AM today, the public issue has received just 14 per cent subscription of its total offer. This is getting reflected in the grey market too.

As per the market observers, shares of Star Health Insurance are available at a premium of ₹15 in the grey market today. Star Health Insurance IPO GMP According to market observers, Star Health Insurance IPO GMP today is ₹15, which is ₹5 higher

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA