India hospital stars Health India

Star Health IPO to open on 30 Nov; closes on 2 Dec

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The firm plans to list on exchanges on 10 December.The health insurer IPO consists of a fresh issue of ₹2000 crore and an offer for sale of upto 58.32 million shares by its existing promoters and shareholders.The OFS includes upto 30.68 million shares by Safecrop Investments India LLP, upto 7.68 million shares by Apis Growth 6 Ltd, upto 7.44 million shares by University of Notre Dame DU LAC, upto 4.11 mln shares by MIO IV Star, upto 4.11 mln shares by MIO Star, upto 2.51 mln shares by ROC Capital Pty Ltd.Currently, Safecrop Investments India LLP has 47.77% stake while Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala hold 14.98% and 3.23% stake respectively in the firm.

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