public offering (IPO) of Star Health and Allied Insurance Company Ltd received 79 per cent subscription on the final day of the share-sale on Thursday.
The IPO received bids for 3,56,02,544 shares against 4,49,08,947 shares on offer. The three-day share sale opened for subscription on Tuesday with the price band set at ₹870-900 per share for its initial share sale.
The finalization of basis of share allotment of Star HealtIPO is expected to take place next week on Tuesday, November 30, 2021 and if allotted, then the credit of shares to demat account of bidders will be done on December 9, 2021.
The registrar for this IPO is KFintech Private Limited, therefore the allotment application can be checked on its website here or on the BSE