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